Item 2. Properties
Item 2. Properties
As of December 31, 2020, we lease (i) approximately 10,000 square feet of office space in Los Angeles, California with one year remaining on the lease, (ii) approximately 15,000 square feet of office space in Irvine, California on a month to month basis, and (iii) approximately 20,000 square feet of space for research and development laboratory in Longmont, Colorado with five years remaining on the lease. The below table illustrates the use of each property by our business segments.
Business Segment
Property Used
Consumer Products
All properties
Ingredients
All properties
Analytical Reference Standards and Services
Irvine, CA and Longmont, CO
We do not own any real estate. For the year ended December 31, 2020, our total annual rental expense was approximately $936,000 .
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.