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Commitments and contingencies
12 Months Ended
Dec. 31, 2022
Commitments and contingencies  
Commitments and contingencies

Note 11 - Commitments and contingencies

Rents and operating leases

The Company utilizes leased facilities and operates equipment under non-cancelable operating leases through July 2030. Below is a table of key properties:

    

    

Lease

Annual

Expiration

Location

Rent

Date

Baton Rouge, Louisiana

$

30,000

 

5/2024

Champaign, Illinois

$

609,000

 

12/2024

Champaign, Illinois (2nd location)

$

349,000

9/2026

Charlotte, North Carolina

$

34,000

 

5/2025

Escondido, California

$

230,000

 

6/2027

Hampstead, New Hampshire

$

33,000

 

8/2023

Long Beach, California

$

28,800

 

2/2024

Ontario, California

$

168,000

 

12/2024

Riverside, California

$

27,000

 

Month to Month

Rantoul, Illinois

$

36,000

Month to Month

Smyrna, Georgia

$

483,000

 

7/2030

Stony Point, New York

$

110,000

 

6/2023

Woodcliff Lake, New Jersey

$

158,000

8/2027

The Company rents properties and various equipment under operating leases. Operating lease expense for the years ended December 31, 2022 and 2021 totaled approximately $2.6 million and $3.1 million. In addition to the properties above, the Company does at times utilize public warehouse space on a month to month basis. The Company typically enters into short-term leases for the facilities and wherever possible extends the expiration date of such leases.