18. Subsequent Events

In July 2019, 0.2 million shares of the remaining Paired Securities described above were distributed by InnoHold and 0.1 million Paired Securities were exchanged for shares of Class A Common Stock.

During August 2019, we completed construction and successful testing of the Company's fifth proprietary Mattress Max machine with similar design and capabilities to the existing Mattress Max machines already in operation. All construction in process costs associated with the development of this equipment will be moved to in-service and depreciation will begin in the third quarter of 2019.