−Removed: We lease approximately 35,823 square feet of office, laboratory, and manufacturing space at our headquarters in San Diego, California.
−Removed: Of this, 16,457 square feet is sub-leased under an agreement that expires on December 31, 2020.
−Removed: As of January 1, 2021, our lease obligation will be 19,216 square feet, with the lease expiring December 31, 2025.
+Added: We lease approximately 35,823 square feet of office, laboratory, and manufacturing space at our headquarters in San Diego, California, with the lease expiring December 31, 2025.
+Added: From November 2018 to December 31, 2020, sublet one of our two leased facilities in San Diego.
+Added: In December 2019, we amended the lease of one our two San Diego facilities to add 2,695 square footage and extend the lease through December 2025.
+Added: In February 2021, we amended the lease of our other San Diego facilities to extend the term from through December 2025.
+Added: We also lease 9,710 square feet of office space in a Salt Lake City, Utah under a non-cancelable operation lease with a term ending September 30, 2021.
+Added: The Company has the ability to enter into renewal negotiations, prior to the lease end date, with no specific terms.
We believe that we will need additional space as we grow our operations, but believe that suitable additional or substitute space will be available to accommodate future growth of our business.
4 unchanged sentences
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.