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NOTE 7 – COMMITMENTS AND CONTENGENCIES
The Company has certain financial commitments relating to research and development contracts as of June 30, 2023, as follows:
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The Company is invoiced monthly and quarterly in connection with several research and development contracts. |
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The Company may be obligated to make additional payments related to research and development contracts entered into, dependent on the progress and milestones achieved through the programs. |
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The Company’s principal executive office is currently located at 505 Lomas Santa Fe Drive, Suite 160, Solana Beach, CA, US. Additionally, we have an office outside Manchester, UK, which serve as administrative spaces for managing our subsidiaries, Trinity Reliant Ventures, Ltd (Ireland) and Artelo Biosciences Limited (UK). We do not currently own any properties, laboratories, or manufacturing facilities. All leases for our office space, other than for the principal executive office, are month-to-month. |
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