Item 2. Properties
Item 2. Properties
We lease our offices and do not own any real estate. The following table set forth information as to the real property leased by us:
Location
Square Feet
Current
Annual Rent
Expiration Date
3080 12th Street, Riverside, CA (1)
158,693
$ 1,855,566
12/31/33
Unit A905, 9th Floor, Block A, No.1-72, Lane 2855, Huqingping Highway, Zhaoxiang Town, Qingpu District, Shanghai, China
5,920
$ 23,517
10/30/28
(1)
This property is owned by 3080 Landlord pursuant to a net lease extension dated January 28, 2026. Rent for 2026 is at the annual rate of $1,855,566 and increases 3% per year.
We believe our current facilities are adequate for the foreseeable future. If we require additional or substitute space, we believe that we will be able to obtain such space on acceptable, commercially reasonable terms.
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.