We lease a 51,000 square foot facility and a 17,500 square foot facility in Wixom, Michigan under a lease expiring in August 2027.
+Added: During the year ended December 31, 2024, the lease for the Wixom facilities was extended by three years to August 2027, which was accounted for as a lease modification.
+Added: As a result of this modification, the operating lease right of use asset and lease liabilities increased by $1.5 million.
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 2026.
−Removed: In addition, Rockwell occupied 4,100 square feet of office space in Hackensack, New Jersey expiring on October 31, 2024.
−Removed: This lease is currently under a sublease expiring on October 31, 2024.
+Added: In addition, Rockwell occupied 4,100 square feet of office space in Hackensack, New Jersey.
+Added: This lease was subleased on December 15, 2021 and expired on October 31, 2024.
We use each of our facilities to manufacture and warehouse our products.
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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.