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We believe that it is in good operating condition and adequately serves our current business operations.
−Removed: In October 2021, we made the decision to permanently close our fixed office locations (with the exception of our global headquarters facility), effective in December 2021.
−Removed: This change was intended to align our real estate footprint with our transition to a remote-first workforce.
−Removed: We enter into arrangements for smaller more flexible workspaces where necessary.
−Removed: As discussed above, in December 2021, we acquired EVERFI and assumed a lease for office space in Washington, D.C.
+Added: In December 2021, we acquired EVERFI and assumed a lease for office space in Washington, D.C.
+Added: and an office in London, U.K.
+Added: In February 2023, we closed our Washington, DC office location to align with our remote-first workforce strategy.
+Added: We are pursuing strategic alternatives for the Washington, DC office space, including sublease, and we have the intent and ability to sublease this office space.
LEGAL PROCEEDINGS
For a discussion of our legal proceedings, see Note 11 to our consolidated financial statements in this report.
+Added: 2022 Form 10-K
+Added: Blackbaud, Inc.
MINE SAFETY DISCLOSURES
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.