Item 2. Properties
Item 2. Properties.
We lease commercial space
that has a gross area of approximately 860 square feet at Shatner 3, Jerusalem, Israel. This space is used as an office, production, testing,
adjustment, and preparation center for the shipment of orthodontic appliances. This space is approved for our activities by the certification
body MEDCERT. MEDCERT is one of the largest German Notified Bodies that provides ISO and CE certification. The inspection of our facility
is carried out on an annual basis by an auditor on behalf of MEDCERT and includes an inspection of all activities and their adaptation
to ISO 13485:2016 certification. We have successfully passed our most recent annual inspection in April 2023.
We also lease a small, approximately
130-square-foot storage facility at Hartom 7, Jerusalem, Israel.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.