MANNATECH INC
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 28, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
We lease property at several locations for our headquarters anddistribution facilities, including:
| Location | Area | Expiration date |
|---|---|---|
| Flower Mound, Texas (corporate headquarters) | 52,992 sq. feet | June 2028 |
| St. Leonards, Australia (Australian headquarters) | 1,668 sq. feet | June 2026 |
| Minago-Ku Tokyo, Japan (Shinagawa Grand Central Tower) | 3,497 sq. feet | April 2025 |
| Yeongnam Tower, Sincheon-dong, (Daegu Center) | 3,557 sq. feet | June 2024 |
| Gangnam-gu, Seoul, Korea (Republic of Korea headquarters) | 10,596 sq. feet | June 2025 |
| Gangnam-gu Seoul, Korea (Seoul training center) | 18,441 sq. feet | June 2025 |
| Haewoondae-gu, Busan, Korea (Pusan training center) | 6,800 sq. feet | March 2027 |
| Incheon, South Korea (Incheon training center) | 7,754 sq. feet | May 2024 |
| Taipei, Taiwan (Taiwan headquarters) | 260 sq. feet | January 2024 |
| Taiwan Bldg 13F Taipei City (Shu-Yeng CHEN) | 93 sq. feet | August 2024 |
| Tsuen Wan, New Territories, Hong Kong (office) | 5,306 sq. feet | July 2025 |
| Hengqin, Zhuhai, China (office) | 930 sq. feet | September 2024 |
| Tianhe, Guangzhou, China (office) | 110 sq. feet | July 2024 |
| Richmond, British Columbia, Canada (Canada training center) | 1,963 sq. feet | September 2025 |
| Markham, Ontario, Canada (office) | 1,714 sq. feet | September 2024 |
| Bedfordview, South Africa (office) | 4,123 sq. feet | N/A (1) |
| Guadalajara, Mexico (customer service center) | 4,187 sq. feet | March 2024 |
| Mexico City, 1st flr Mexico (customer service center) | 1,324 sq. feet | August 2024 |
| Mexico City, 3rd flr Mexico (office) | 1,324 sq. feet | August 2024 |
| Monterrey, Mexico (office) | 1,259 sq. feet | May 2024 |
| Colima, Mexico (office) | 732 sq. feet | December 2024 |
| Amsterdam, Netherlands (shared office space) | 50 sq.feet | August 2024 |
| Bangkok, Thailand | 192 sq. feet | March 2025 |
(1) Renewable monthly.
To maximize our operating strategy and minimize costs, we contract with third-party distribution and fulfillment facilities in our three regions: (i) the Americas, (ii) EMEA and (iii) Asia/Pacific. By entering into these third-party distribution facility agreements, our offices maintain flexible operating capacity, minimize shipping costs, and are able to process an order within 24-hours after order placement and receipt of payment.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.