Item 2. Properties
ITEM
2. Properties
We
currently lease and occupy approximately 16,000 square feet in Minneapolis, Minnesota, which includes our clinical laboratory and offices.
On March 13, 2023, we signed the fourth amendment to our lease agreement, which expires April 30, 2026. The lease provides for monthly
rent, real estate taxes and operating expenses. We believe that this leased space is adequate to meet current requirements.
On
November 5, 2025, we signed a lease agreement for new clinical laboratory and office space in Minneapolis, Minnesota for approximately
19,594 square feet. The lease term will commence on April 1, 2026. The lease provides for monthly rent, real estate taxes and operating
expenses. The lease term is 62 months with two options to extend the lease term for five years each.
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