Item 2. Properties
ITEM 2. PROPERTIES
We maintain our principal office, totaling approximately 4,351 square feet, in Irvine, California, under a sub-lease that expires in May 2023. We conduct engineering, assembly and prototyping activities in Camarillo, California, where we established a Global Product Development and Materials Science Center, and (for SPEC-KWJ) in Newark, California. We conduct production operations in our facilities in Shenzhen, China, and Newark, California, research and development activities in our electronics lab in Singapore, distribution operations in our Hong Kong facility, and sales operations in our Tokyo office and various other locations in the United States. In total, we lease approximately 33,000 square feet, and do not own any real estate. We believe that our facilities are adequate to meet our needs for the immediate future, and that, should it be needed, we will be able to secure additional space to accommodate any expansion of our operations.
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