Item 2. Properties
ITEM
2.
PROPERTIES.
On
June 18, 2022, the Company moved into 2,700 square feet of leased corporate office space in Knoxville, Tennessee through an operating
lease agreement for a term of three years ending June 30, 2025. The monthly base rent ranged from $4,053 to $4,278 over the term on the
lease.
On
April 24, 2025, the Company entered into the first amendment to its operating lease agreement, extending the lease term by an additional
three years through June 30, 2028. Pursuant to the amendment, monthly base rent will range from $4,391 to $4,616 over the extended term.
Item
3.
Legal
Proceedings.
The
information required by this item is incorporated by reference from Part II, Item 8. Financial Statements and Supplementary Data, Notes
to Consolidated Financial Statements, Note 16 – Commitments, Contingencies, and Litigation.
None.
ITEM
4.
MINE
SAFETY DISCLOSURES.
Not
applicable.
19
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.