Item 2. Properties
ITEM
2. PROPERTIES
We
lease approximately 17,700 square feet of office space in Nashville, Tennessee for our corporate headquarters. The current lease term
expires on June 30, 2032 and includes the option to extend the term for two additional, consecutive five-year terms. This office serves
as our corporate headquarters.
We
lease approximately 11,600 square feet of lab and other office space in Nashville, Tennessee. The current lease term commenced in June
2022 and expires in June 2027. This office generally serves as ImprimisRx’s customer service center and analytical laboratory.
We
lease approximately 38,200 square feet of lab, warehouse, and office space in Ledgewood, New Jersey, in three separate suites. The current
lease term expires on July 31, 2027 and includes options to extend the lease term through 2037. This space serves as an outsourcing facility
and pharmacy for ImprimisRx.
ITEM
3. LEGAL PROCEEDINGS
See
Note 18 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.
49
PART
II
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