Company: DERM
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001410578-25-000490
Chunk: 13

Company: Journey Medical Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 2
Chunk 13
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Item 2. Properties 

Our executive offices are located at 9237 E Via de Ventura Blvd. Suite 105, Scottsdale, AZ 85258. We believe that our existing facilities are adequate to meet our current requirements. We do not own any real property. In July 2024, we amended our lease and entered into a new 25 - month extension of the office space in Scottsdale, AZ at an average annual rent of $0.1 million. The term of this amended lease will commence on February 1, 2025 and will expire on February 28, 2027.

In September 2022, we amended our lease and entered into a new 25-month extension of the office space in Scottsdale, AZ at an average annual rent of $0.1 million. The term of this amended lease commenced on January 1, 2023 and expired on January 31, 2025.

Item 3. Legal Proceedings

To our knowledge, there are no legal proceedings pending against us, other than routine actions, administrative proceedings, and other actions not deemed material, that are expected to have a material adverse effect on our financial condition, results of operations, or cash flows. In the ordinary course of business, however, the Company may be subject to both insured and uninsured litigation. Suits and claims may be brought against the Company by customers, suppliers, partners and/or third parties (including tort claims for personal injury arising from clinical trials of the Company’s product candidates and property damage) alleging deficiencies in performance, breach of contract, etc., and seeking resulting alleged damages.

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Item 4. Mine Safety Disclosures

Not applicable.

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