Item 2. Properties
ITEM
2. PROPERTIES
Our
executive office, which we lease on a month-to-month basis, is located at 701 W Avenue K, Suite 123, Lancaster, CA 93534. We lease property
in California for academic operations, corporate functions, enrollment services and student support services. Below is a table summarizing
our leased properties as of June 30, 2024:
Number
of Buildings
Location
Total
Square Footage
Lease
Expiration
1
Bakersfield,
CA
26,515
2026
1
Lancaster,
CA
29,096
2026
1
Temecula,
CA
15,703
2026
2
Salinas,
CA
22,693
2026
& 2027
1
Pasadena,
CA
8,879
2025
& 2027
Our
facilities are utilized consistent with management’s expectations, and we believe such facilities are suitable and adequate for
current requirements and that additional space can be obtained on commercially reasonable terms to meet any future requirements.
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.