Item 2. Properties
Item 2.
Properties
Our corporate headquarters are located in Irvine, California where we lease and occupy approximately 14,809 square feet of office space under a lease that will expire in December 2026. Our facility is located in the PRC where we lease and occupy approximately 3,918 square feet of space under a lease that will expire in December 2025. We believe our existing facilities are in good operating condition and are suitable for the conduct of our business.
In July 2023, we ceased occupancy of our warehouse space located in Irvine, California and subleased the space to a subtenant for the remaining lease term. We continue to be responsible for performance under the lease until it expires in February 2027.
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