Item 2. Properties
ITEM
2. PROPERTIES
Our
principal executive office is located at 205 SE Davis Ave., Suite C, Bend, Oregon 97702. We do not maintain a dedicated office at this
location and do not own or lease office or other physical facilities in the United States. Our U.S.-based employees work remotely, and
we utilize meeting and office space on an as-needed basis without long-term lease commitments.
We
operate a manufacturing facility located in Pisco, Peru, which is used for the production of our products and is operated through our
wholly owned subsidiary. The facility is currently leased and the lease includes a purchase option. In connection with the bankruptcy
of the property owner, we acquired the first mortgage position on the facility. We believe this facility is suitable and adequate for
our current operations and anticipated near-term needs.
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