Item 2. Properties
Our headquarters are located in New York, NY, which we lease through September 30, 2027. In addition, we also lease office and building space around the world and within the facilities of certain suppliers for use as research and development facilities, business development and support offices, warehouses and logistics centers, and test facilities. The size and location of these properties change from time to time based on business requirements. For our research and development and business development and support personnel, we have leased offices in Taiwan, Lithuania, Latvia, Poland, India, Ukraine, the Czech Republic, the Netherlands and elsewhere, including various locations within China and the United States of America. We believe that our existing properties are in good condition and suitable for the conduct of our business.
Below are our material locations as of June 30, 2023, all of which we lease.
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Location | | Sq. Ft | | Lease expiration | | Purpose |
New York | | 6,400 | | 9/30/2027 | | Corporate Office |
Taiwan | | 328,000 | | 7/31/2027 | | R&D and Administration |
Czech Republic | | 64,000 | | 3/31/2029 | | Warehouse |
Utah | | 72,000 | | 2/28/2027 | | Warehouse and R&D |
Utah | | 86,000 | | 8/31/2028 | | Warehouse |
Suzhou | | 93,000 | | 6/30/2024 | | Manufacturing Facility |
Netherlands | | 149,000 | | 5/31/2036 | | Warehouse |
Memphis | | 161,000 | | 8/31/2031 | | Warehouse |