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.
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