−Removed: November 2023, we commenced a lease in an office building located at 3480 Main Highway, Coconut Grove, Florida, which currently
−Removed: serves as our Company’s headquarters.
−Removed: The lease of 4,487 square feet for an initial term of 89 months, including five months
−Removed: of rent abatement in the first two years of the lease.
−Removed: The aggregate monthly payments will restart in 2024 for $39,635 per month,
−Removed: increasing 3% each year through the lease term, plus other certain costs and charges as specified in the lease agreement.
−Removed: current assembly, and warehouse facilities are located at 1817 West 4th Street, Tempe, Arizona.
−Removed: The lease of 11,256 square feet commenced
−Removed: in June 2019 and was for an initial lease term through July 2022.
−Removed: In January 2022 we renewed this lease for three years with aggregate
−Removed: monthly payments of $9,905 commencing August 2022, increasing 4% annually through the term ending July 31, 2025.
−Removed: In 2025, our assembly,
−Removed: and warehouse facilities will be moved to our new facility in Norton, VA (see below).
−Removed: in October 2017, we commenced reimbursing former officer, stockholder and consultant, Mr.
−Removed: Elwood Norris, $1,500 per month on a month-to-month
−Removed: basis for laboratory facility costs.
−Removed: The Company terminated this agreement in February 2024.
−Removed: January 3, 2025, we signed a lease that will commence in October 2025, or upon the completion of the premises, whichever happens later,
−Removed: for a manufacturing facility located at Pad 1A of the technology park at the intersection of US 23 and US 58 Alternate in Norton, Virginia.
−Removed: The lease of the 20,000 square foot facility has an initial term of five years with the option to renew for an additional two-years,
−Removed: subject to adjustments based on the Consumer Price Index.
−Removed: Monthly lease payments will be $10,000, calculated at $6 per gross square foot
−Removed: Following two years of occupancy from the start of the lease, we may terminate the lease without penalty by providing sixty-days
−Removed: written notice.
+Added: In November 2023, we commenced a lease in an office building located at 3480 Main Highway, Coconut Grove, Florida, which served as our corporate headquarters.
+Added: The lease covered approximately 4,487 square feet for an initial term of 89 months, including five months of rent abatement during the first two years of the lease.
+Added: Monthly lease payments recommenced in 2024 at approximately $39,635 per month and an increase of 3% annually through the lease term, plus certain additional costs and charges as specified in the lease agreement.
+Added: In February 2026, the Company entered into a Termination and Mutual Release Agreement with the landlord, terminating this lease effective February 13, 2026.
+Added: On January 3, 2025, we signed a lease that was to commence on the later of October 2025, or the completion of the premises, for a manufacturing facility located at 182 Progress Way NE, Norton, Virginia 24273.
+Added: The lease of the 20,000 square foot facility has an initial term of five years with the option to renew for an additional two-year term, subject to adjustments based on the Consumer Price Index.
+Added: Monthly lease payments are $10,000, calculated at $6 per gross square foot per year.
+Added: Following two years of occupancy from the start of the lease, we may terminate the lease without penalty by providing sixty days' written notice .
+Added: The Company was granted early occupancy of the facility for use beginning on August 18, 2025.
+Added: In March 2026, we entered into a month-to-month service agreement for a business address located at 3350 Virginia Street, Miami, Florida 33133, at an approximate monthly cost of $165, which serves as the Company's headquarters.
+Added: We consider our current office space adequate for our current operations.
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.