Item 2. Properties
ITEM 2. PROPERTIES
Our principal administrative, operations,
and research and development functions are located in a leased facility in San Diego, California. We currently occupy approximately 24,000
square feet of space in the San Diego facility, and the lease extends through January 2027. Under the lease, in addition to the minimum
lease payments, we are responsible for property taxes, insurance and certain other operating costs. We believe that our existing facility
is adequate to meet our current needs.
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