Item 2. Properties
Item
2. Properties
As
of December 31, 2023, we had two leases in California. In Santa Monica, California we have a leased space which we sublet that
terminates in November 2024. In Carlsbad, California we have a lease for office space that is partially sublet. We do not occupy the
balance of the space. The Carlsbad lease terminates in March 2025. As we operate our business principally in a virtual environment,
these two leased spaces are not utilized in our operations. To the extent we need to lease physical properties in the future, we
believe we would be able to find suitable properties at market rates.
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