Item 2. Properties
ITEM 2.
PROPERTIES
As of December 31, 2020, we leased office
facilities of approximately 6,700 square feet for our corporate headquarters in Stockholm. We also leased office facilities in
Japan and Taiwan. In addition, our majority subsidiary Pronode Technologies AB leases a workshop of approximately 9,000 square
feet in Kungsbacka, Sweden.
We believe our facilities are adequate and
suitable for our current needs and that suitable additional or alternative space will be available to accommodate our operations
if needed.
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