Item 1B. Unresolved Staff Comments
Item
1B. Unresolved Staff Comments.
None.
Item
1C. Cybersecurity.
We
recognize the importance of assessing, identifying, and managing material risks associated with cybersecurity threats, as such term is
defined in Item 106(a) of Regulation S-K. These risks include, among other things: operational risks, intellectual property theft, fraud,
extortion, harm to employees and violation of data privacy or security laws.
Identifying
and assessing cybersecurity risk is integrated into our overall risk management systems and processes. Cybersecurity risks related to
our business, technical operations, privacy and compliance issues are identified and addressed through a multi-faceted approach including
third party assessments, internal IT Audit, IT security, governance, risk and compliance reviews. To defend, detect and respond to cybersecurity
incidents, we, among other things: conduct proactive privacy and cybersecurity reviews of systems and applications, audit applicable
data, conduct employee training, monitor emerging laws and regulations related to data protection and information security and implement
appropriate changes.
Our
risk management program also assesses third party risks, and we perform third-party risk management to identify and mitigate risks from
third parties such as vendors, suppliers, and other business partners associated with our use of third-party service providers. Cybersecurity
risks are evaluated when determining the selection and oversight of applicable third-party service providers and potential fourth-party
risks when handling and/or processing our employee, business or customer data.
Item
2. Description of Property.
Our
administrative and accounting office is located in Tampa, Florida. We currently share space with MIRA Pharmaceuticals, Inc., another
pharmaceutical development company, under a lease of approximately 2,279 square feet of office space under a lease that is due to expire
on March 31, 2025. We share the office and costs in Tampa with two other companies. Our corporate headquarters and executive offices
are in Baltimore, Maryland. Our Baltimore location, which comprises approximately 150 square feet, is under a lease that is due to expire
on April 30, 2024. We will not renew this lease upon expiration and, instead, will move all corporate headquarter related activities
to the shared space in Tampa, Florida previously referenced.
Item
3. Legal Proceedings.
None
Item
4. Mine Safety Disclosures.
Not
applicable.
42
PART
II
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