1 unchanged sentence
We also lease two other manufacturing facilities, a 51,000 square foot facility in Grapevine, Texas under a lease expiring in December 2025, and a 57,000 square foot facility in Greer, South Carolina under a lease expiring in February 2023.
−Removed: In addition, we executed a lease for 4,100 square feet of office space in Hackensack, New Jersey with a lease term beginning on April 1, 2019 and expiring on July 1, 2024.
+Added: In addition, we executed a lease for 4,100 square feet of office space in Hackensack, New Jersey under a lease expiring on July 1, 2024.
We use each of our facilities to manufacture and warehouse our products.
All such facilities and their contents are covered under various insurance policies which management believes provide adequate coverage.
−Removed: We use the office space in Wixom, Michigan as our principal administrative office and the office space in Hackensack, New Jersey for senior executives and other local administrative staff.
−Removed: With our continued growth we expect that we will require additional office space, manufacturing capacity and distribution facilities to meet our business requirements.
+Added: We use the office space in Wixom, Michigan as our principal administrative office.
+Added: As a result of the ongoing COVID-19 pandemic, we consolidated the office space in Hackensack, New Jersey since employees are required to work from home based upon state law and stay-at-home orders.
+Added: We are re-assessing our commercial footprint and need for office space given our experience of working from home during the COVID-19 pandemic.
+Added: We expect that we may need additional manufacturing capacity and distribution facilities to meet our business requirements.
Legal Proceedings.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.