−Removed: Staff Comments
−Removed: Not applicable.
−Removed: As of December 31, 2020, we lease space
−Removed: for our office, engineering, sales and marketing, finance, human resources, service and supply chain functions under an agreement
−Removed: that was extended to February 29, 2022, with monthly rent of $19,473.
−Removed: Our production team resides at a leased
−Removed: facility in Quincy, IL with a monthly rent of $4,500.
−Removed: Our lease on this property expires on December 31, 2021.
−Removed: Our facility in Foothill
−Removed: Ranch, CA which houses members of the engineering team that were brought into the business through the 2019 acquisition of Quantum
−Removed: Fuel’s electrification division has a monthly rent of $32,956.
−Removed: The lease expires in February 2025, with the option to extend
−Removed: for an additional 60-month term.
−Removed: We believe our current
−Removed: facilities are sufficient for our current needs and will be adequate, or that suitable additional or substitute space will be available
−Removed: on commercially reasonable terms, for the foreseeable future.
−Removed: Legal Proceedings.
−Removed: For a description
−Removed: of our material pending legal proceedings, see Legal Proceedings in Note 17, Commitments and Contingencies, to the consolidated
−Removed: financial statements included elsewhere in this Annual Report on Form 10-K and incorporated herein by reference.
−Removed: Mine Safety Disclosures
+Added: Unresolved Staff Comments
Not applicable.
+Added: As of December 31, 2021, we lease space in Brighton,
+Added: MA for our office, engineering, sales and marketing, finance, human resources, service and supply chain functions under an agreement
+Added: that was extended to August 31, 2022, with monthly rent of $19,473.
+Added: Our production team resides at a leased facility
+Added: in Quincy, IL with a monthly rent of $5,000.
+Added: Our lease on this property expired on December 31, 2021 and a new property was leased with
+Added: an expiration date of October 25, 2026 with a monthly rent of $8,040, with two successive options to renew for additional terms of three
+Added: Our facility in Foothill Ranch, CA which houses
+Added: members of the engineering team that were brought into the business through the 2019 acquisition of Quantum Fuel’s electrification
+Added: division has a monthly rent of $32,956.
+Added: The lease expires in February 2025, with the option to extend for an additional 60-month term.
+Added: Our facility in Wixom, Michigan opened on February
+Added: 1, 2021 and hosts an electrification technology center that is in close proximity to the leading automotive OEMs.
+Added: The facility has a monthly
+Added: rent of $12,338.
+Added: The lease expires on February 29, 2024.
+Added: a facility in Worcester, MA that houses members of the World Energy team.
+Added: The lease expires in September 2023.
+Added: We believe our current facilities are sufficient
+Added: for our current needs and will be adequate, or that suitable additional or substitute space will be available on commercially reasonable
+Added: terms, for the foreseeable future.
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.