Item 2. Properties
Item 2. Properties.
We have a lease agreement for approximately 23,700 square feet of office space in Friendswood, Texas that is used as our corporate headquarters. This lease commenced in late 2020 and has a 60-month term, with an option to renew for one additional five-year period. We also lease approximately 29,700 square feet of laboratory and office space in Phoenix, Arizona under two agreements, both of which expire on April 30, 2033. For both leases, there are options to renew for two additional five-year terms. In connection with our recent acquisition of Cernostics in December 2021, we have approximately 8,100 square feet of office and laboratory space in Pittsburgh, Pennsylvania under a lease which expires on November 30, 2022, with the option to renew for one additional year. In support of our growth strategy, we anticipate acquiring additional office and laboratory space in the near future.
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