−Removed: The Company neither rents nor owns any
−Removed: The Company utilizes the office space and equipment of its management at no cost.
−Removed: Given the limited need of the Company,
−Removed: management believes that the office space is more than suitable and adequate.
−Removed: The Company currently has no policy with respect
−Removed: to investments or interests in real estate, real estate mortgages or securities of, or interests in, persons primarily engaged
−Removed: in real estate activities.
+Added: Our headquarters are located in Manchester, England, where we lease approximately 10,000 square feet of commercial space for research and development, engineering, testing and corporate offices pursuant to a lease that expires in 2022.
+Added: We also have a leased office in Hsinchu City Taiwan where we lease approximately 1,000 square feet of office space pursuant to a lease which expires in 2022.
+Added: We use the CPI facility in Sedgefield, England for virtually all of our fabrication activities.
+Added: In addition, we lease two offices at CPI pursuant to leases which expire in 2023 and are renewed on an annual basis and two offices at NetPark, Sedgefield pursuant to leases which expire in 2024.
+Added: We also maintain access to additional office space on a temporary or as-needed basis.
+Added: We believe that our facilities are suitable to meet our current needs and that suitable space will be available on acceptable terms as may be required to support the expected growth in our business.
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.