Item 2. Properties
ITEM
2 – PROPERTIES
We
currently rent for our principal executive offices approximately 3,000 square feet until February 2025 for approximately $6,000 per
month. In February 2025 we have renewed our lease for an additional five years under similar terms and conditions. We believe that
our current office space is adequate for the foreseeable future.
Iveda
Taiwan leases its principal executive offices in Taiwan, comprised of three suites totaling approximately 4,567 square feet. Iveda
Taiwan pays an aggregate of approximately $3,147 per month under the terms of the three leases, which expire on June 30, 2025, September
15, 2025 and September 11, 2025.
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