−Removed: lease office space at 825 Main Street, Suite 100, Buda, Texas for our headquarters.
−Removed: In February 2019, we entered into a lease
−Removed: agreement with our landlord for approximately 1,302 square feet.
−Removed: The lease was effective February 1, 2019 and has a three-year
+Added: lease office space at 2107 Wilson Blvd.
+Added: S#530, Arlington, Virginia.
+Added: In February 2020, we entered into a lease agreement with our
+Added: landlord for approximately 3,666 square feet.
+Added: The lease was effective February 1, 2020 and has a five year and six months term.
The initial monthly rent is $13,289, and the lease agreement provides for annual rent increases of approximately 2.7%.
−Removed: lease automatically renews for a three-year term, unless either party to the lease agreement notifies the other of the intent
−Removed: to terminate the lease in writing at least 180 days prior to the expiration of the current term.
−Removed: The amount of future payments
−Removed: guaranteed is $74,388.
+Added: of future payments guaranteed is $822,082.
+Added: We terminated the employment with all of the employees working in the Arlington space
+Added: during the restructure completed in April.
+Added: As such, we have surrendered the space to the landlord and are actively negotiating
+Added: an exit from the lease.
LEGAL PROCEEDINGS
5 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.