{"url_path":"/sec/nxt/10-k/2026/item-2","section_key":"item-2","section_title":"Item 2 PROPERTIES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-05-19","source_url":"https://www.sec.gov/Archives/edgar/data/1852131/0001852131-26-000017-index.html","accession_number":"0001852131-26-000017","cik":"0001852131","ticker":"NXT","issuer_name":"Nextpower Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1852131/0001852131-26-000017-index.html","primary_entity_key":"0001852131","primary_entity_name":"Nextpower Inc."},"word_count":167,"has_tables":true,"body_markdown":"ITEM 2. PROPERTIES\n\nOur corporate headquarters are located in Fremont, California, USA and consist of approximately 85,000 square feet of leased office, laboratory and warehouse space which is used to accommodate office staff, research and development projects, machine shop work, tools repair, shipping and receiving. Our leased land holding our Center for Solar Excellence adjacent to our headquarters, as well as our leased 22-acre foundations research facility located in Paterson, California, are used for field testing, research and development, training and marketing purposes.\n\nIn addition, we lease an aggregate of approximately 175,000 square feet of office space in California, Tennessee, Australia, Brazil, China, India, Israel, Mexico, and Spain. We also lease approximately 300,000 square feet of warehouse space across various global facilities, including California, Nevada, Brazil, China and India.\n\nWe believe our facilities are in adequate condition and meet our current needs. We have the ability to add new facilities and expand our existing facilities as we continue to add employees and expand into new geographic markets."}