Item 2. Properties
Item 2.
Properties
We currently do not own any properties. We entered
into a lease agreement for our principal office located in Cambridge, Massachusetts on August 1, 2017 which began on January 1, 2018 and
terminated on December 31, 2018. We entered into a new lease agreement on March 12, 2019, which began on January 1, 2019, and terminated
on June 30, 2019. Pursuant to the lease, we are obligated to pay the landlord monthly installments of $2,000 for a total lease payment
of $12,000 in 2019. We secured a 2 nd lease for July – December 2019 at $2,000/month for an additional $12,000 in 2019.
As of 2020, we reduced the amount of space required and have renegotiated the lease terms to $250/month.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.