Item 2. Properties
Item
2. Properties
We
own no real properties. Our corporate headquarters are located at 941 S. Industry Way, Meridian, ID 83642, where we occupy 5,016 square
feet of office space under a triple net lease which began October 21, 2024, with a monthly rental amount that started at $5,225, not
including the triple net amounts, and escalates by 3% each December starting with December 1, 2025, through the end of the lease on November
30, 2029.
Our
R&D and warehouse facility is located at 1135 N. Hickory Ave, Suite 130, Meridian, ID 83642, where we occupy 20,880 square feet of
warehouse space under a triple net lease which began October 1, 2024, with a monthly rental amount that started at $15,660, not including
the triple net amounts, and that escalates by 3% each December starting with December 1, 2025, through the end of the lease on November
30, 2029.
Item
3. Legal Proceedings
There
are no pending legal proceedings to which we are a party or of which any of our properties are the subject.
Item
4. Mine Safety Disclosures
None;
not applicable.
PART
II
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.