Item 2. Properties
ITEM 2. PROPERTIES
The Company currently maintains two leases for office
space located in Melville, NY, and one lease for office space in Austin, TX.
On July 31, 2021, the Company signed a three-year
lease for approximately 2,880 square feet of office space at 980 North Federal Highway, Boca Raton, FL. The commencement date of the lease
was August 2, 2021. The monthly rent is approximately $4,965. The lease has since expired.
On January 1, 2022, the Company entered into a lease
agreement for office space with WeWork in Austin, TX. On September 3, 2024, the Company amended this agreement and is on an eight month
lease agreement with payments of a $1,056 per month.
On January 17, 2024, the Company entered into a lease
agreement for office space in Melville, NY. The lease commenced on April 1, 2024, and has a term of sixty-seven months. The lease requires
monthly payments of $11,931 and expires on October 30, 2029.
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.