Item 2. Properties
Item 2. Properties
Our corporate headquarters is in an approximately sixty-six thousand square foot facility that we lease in Wilmington, Massachusetts. The lease expires in May 2025, and we have the option to extend for an additional five-year period. Our other leased facilities are summarized below. We believe that our leased space is adequate for our current needs and, should we need additional space, we believe we will be able to obtain additional space on commercially reasonable terms.
Location ~Size (sq. ft.) Lease Expiration Purpose
Wilmington, MA (Main) 66,000 May 2025 Headquarters, R&D & Admin
Wilmington, MA 125,000 December 2030 Innovation Center & Testing
Montreal, QC 48,000 June 2026 Canadian HQ & R&D
Montreal, QC 41,000 June 2026 Testing
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