Item 2. Properties
ITEM 2. PROPERTIES
Listed below are our current facilities as of December 31, 2025:
Location
Primary Function
Approx. Square Feet
Leased or Owned
Namur, Belgium (1)
Research and development
17,300
Owned
Namur, Belgium (2)
Manufacturing
9,688
Owned
London, UK (3)
Sales and marketing
323
Leased, expiring 2027
Henderson, Nevada (4)
Administration
301
Leased, expiring 2027
Carlsbad, California (5)
Research and development
6,645
Leased, expiring 2027
(1)
Belgian Volition purchased property located in Namur, Belgium, in October 2016, to be used as a laboratory facility for R&D. The purchase price for the property was €1.2 million, exclusive of any closing costs.
(2)
Belgian Volition purchased property located in Namur, Belgium, in December 2020, to be used as a manufacturing facility. The purchase price for the property was €0.6 million, exclusive of any closing costs.
(3)
Volition Diagnostics signed a new 12-month lease for this property located at 93-95 Gloucester Place, London, W1U 6JQ, United Kingdom, commencing February 1, 2026 until January 31, 2027, at an annual rent of £71,400 GBP.
(4)
Volition America signed a new one-year lease for this property, commencing on April 1, 2026, located at 1489 West Warm Springs Road, Suite 110, Henderson, Nevada 89014, at an annual rent of $20,925.
(5)
Volition America signed a sixty-two month lease for this property, commencing on February 1, 2022, located at 6086 Corte Del Cedro, Carlsbad, California 92011 at an annual rent of $99,714.
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.