Item 2. Properties
ITEM 2. PROPERTIES
Our corporate headquarters
is located in Potomac, Maryland. We own approximately 40,000 square feet of property used for general management and R&D operations.
In addition, we are leasing, through September 2025, approximately 16,000 square feet in Vancouver, Washington, for manufacturing, sales,
and distribution of our Life Sciences segment products and services. In addition, we own and have short-term lease facilities in the U.S.
and India that are used for sales, storage, accounting, management, and R&D. The Company believes its existing facilities and equipment,
which are used by all reportable segments, are in good operating condition and suitable for conducting its business.
We own approximately 5 acres
of land in India, classified as “Asset Held for Sale” as on March 31, 2025. Please refer, Note 6 – “Property,
Plant and Equipment”, for more information on Part II, Item 8.
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