Item 2. Properties
Item 2. Properties
Our principal physical properties consist of office facilities that support our operations and land held for future project development. All properties are used by our single reportable segment. Our principal executive office is located in Santa Clara, California, where we sublease office space used for executive management, engineering, and administrative functions. The subleases expire in December 2026. We also sublease office space in other locations across the U.S. required to progress our business plans.
In addition, we own land in Piketon, Ohio, acquired in December 2025, which is intended for development as part of the Southern Ohio Diversification Initiative and to support future nuclear power generation activities. The land is not currently developed.
We believe that our existing facilities and owned land are suitable and sufficient to meet our present operational requirements.
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