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NATURAL ALTERNATIVES INTERNATIONAL INC

For the period ended Jun 30, 2024. Filed Sep 27, 2024.

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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.

FY2024 · Filed Sep 27, 2024

NAII$1.15+3.2%Stored close · as of Nov 9, 2026

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Item 2. Properties

This table summarizes our facilities as of June 30, 2024. We believe our facilities are adequate to meet our operating requirements for the foreseeable future.

Lease
Square · Expiration
LocationNature of UseFeetHow HeldDate
Vista, CA USA(1),(2)Manufacturing, warehousing, packaging and distribution162,000LeasedAugust 2034
Manno, Switzerland(3)Manufacturing, warehousing, packaging and distribution95,990LeasedDecember 2032
Manno, Switzerland(4)Warehousing30,892LeasedDecember 2025
Carlsbad, CA USA(5)Corporate headquarters20,981OwnedN/A
Carlsbad, CA USA(6)Powder filling, packaging, distribution and storage67,453OwnedN/A
(1)This facility is used by NAI for its private-label contract manufacturing segment.
(2)At this facility we use approximately 93,000 square feet for production, 60,000 square feet for warehousing and 9,000 square feet for administrative functions. In July 2023, NAI executed an extension to the lease covering this facility effective April 1, 2024 and extends the lease through August 31, 2034.
(3)This facility is used by NAIE in connection with our private-label contract manufacturing segment. In May 2022, NAIE executed an extension to the lease covering this facility that is effective January 1, 2023 and extends the lease through December 31, 2032.
(4)This facility is used by NAIE for additional warehouse storage.
(5)We purchased our Carlsbad, California corporate headquarters in March 2016.
(6)We acquired this facility in August 2021 and retrofitted it into a dedicated high-volume powder blending and packaging facility with supplementary raw material storage. This facility became operational in April 2023; however, it was temporarily closed in October 2023 due to a significant reduction in customer orders and subsequently reopened in May 2024 to meet current capacity needs.
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