Item 2. Properties
Item 2. Properties
We lease approximately 2,000 square
feet of office space at 3150 Almaden Expressway, San Jose, California 95118 (our principal executive offices) from an unrelated party
pursuant to a lease that expires September 30, 2027, with an option to extend the lease an additional two years. Our base rent is approximately
$5,000 per month and the lease provides for annual increases of approximately 3% and an escalation clause for increases in certain operating
costs.
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