Item 2. Properties
Item
2. Properties
Our
headquarters and R&D facilities are currently located in Monrovia, California. We lease approximately 10,000 square feet of recently
renovated space. Of the total space, a portion is reserved for R&D pilot activities and the balance of the space is split among the
general and administrative office, R&D laboratory requirements, fermentation uses to develop and produce needed enzymes, and to house
an analytical lab. The Company believes its existing facility is in good operating condition and suitable for its future operations as
of the period end December 31, 2025.
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