Item 2. Properties
ITEM
2. PROPERTIES
We
lease approximately 10,200 square feet of office space in San Diego, California, the current lease term for which expires on December
31, 2021 and includes an option to extend the lease through December 31, 2026. This office generally supports the sales, general
and administrative functions of ImprimisRx.
We
lease approximately 26,400 square feet of lab, warehouse and office space in Ledgewood, New Jersey, in two separate suites. The
current lease term expires on July 31, 2026 and includes options to extend the lease term through 2036. This space serves as an
outsourcing facility and pharmacy for ImprimisRx.
We
lease approximately 5,500 square feet of office space in Nashville, Tennessee. The current lease term expires on December 31,
2024 and includes options to extend the lease term through 2034. This office serves as our corporate headquarters.
We
do not believe additional space will be required in the near-term.
ITEM
3. LEGAL PROCEEDINGS
See
Note 17 to our consolidated financial statements included in this Annual Report for information on various legal proceedings,
which is incorporated into this Item by reference.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
34
PART
II
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