IMMUCELL CORP /DE/ 10-K

ITEM 2 — PROPERTIES Location/Description Function/Use Approximate Square Feet Lease/Own 56 Evergreen Drive, Portland, Maine i) principal executive office and laboratory needs, ii) vaccine manufacturing operations, iii) liquid processing operations and iv) freeze-drying operations for our USDA-regulated product line. 34,850 Own 33 Caddie Lane, Portland, Maine (1) Re-Tain ® FDA-regulated operations 16,202 Own 14 Wedge Way, Portland, Maine Warehouse space primarily for storage of inventory, materials and equipment 4,080 Own 175A Industrial Way, Portland, Maine All of our powder milling and filling, gel formulation and assembly services. 14,300 Lease 175B Industrial Way, Portland, Maine i) additional warehouse space, ii) shipping and receiving services from 56 Evergreen Drive and iii) space for additional freeze-drying equipment in the future to increase our production capacity 15,400 Lease (1) At the end of December 2025, the Company made the decision to cease further investment in its Re-Tain ® manufacturing operations. As a result, we intend on refitting this building to meet the manufacturing needs of our First Defense ® product line. In addition to the properties above, we also lease office, storage and parking space in New York and a small sales office in Winona, Minnesota. We maintain property insurance in amounts that approximate replacement cost and a modest amount of business interruption insurance.