Item 2. Properties
ITEM
2. PROPERTIES
We
currently lease 1,660 square feet of office space at 4 HaYarden Street, Airport City, Israel. The lease term is for 36 months
beginning on August 20, 2019 and ending on August 20, 2022, with an option to extend for an additional 36 months. Monthly rent
payments, including utilities, amount to approximately $14,000 per month. We extended the lease period until August 20, 2025. On
January 8, 2024, we provided a notice of six month termination to the lessor that the lease will end on July 8, 2024.
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