Funko Inc
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
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Item 2. Properties
As of December 31, 2023, our leased properties primarily consist of office space, warehouses and distribution facilities. The table below sets forth certain information regarding our material properties, all of which are leased:
| Property | Location | ApproximateSquareFootage | Lease Expiration Date |
|---|---|---|---|
| Offices, Warehouse and Distribution Facility | Everett, Washington | 201,000 | January 31, 2024 |
| Corporate Headquarters and Retail Store | Everett, Washington | 99,000 | January 31, 2027 |
| Administrative Offices | Everett, Washington | 82,000 | January 31, 2032 |
| Office and Warehouse Facility | Everett, Washington | 21,000 | January 31, 2025 |
| Administrative Offices, Licensing and Apparel Sales | Burbank, California | 43,000 | December 31, 2026 |
| Retail Store | Hollywood, California | 40,000 | March 31, 2030 |
| Administrative Offices | San Diego, California | 14,000 | November 30, 2029 |
| Warehouse and Distribution Facility | Buckeye, Arizona | 862,000 | October 31, 2032 |
| Warehouse and Administrative Offices | Coventry, England | 349,000 | July 7, 2029 |
| Sales and Administrative Offices | London, United Kingdom | 11,000 | June 27, 2027 |
For leases that are scheduled to expire during the next 12 months, we may negotiate new lease agreements, renew existing lease agreements or use alternate facilities. We believe that our facilities are adequate for our needs and believe that we should be able to renew any of the above leases or secure similar property without an adverse impact on our operations.
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