−Removed: 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.
−Removed: From November 2018 to December 31, 2020, sublet one of our two leased facilities in San Diego.
−Removed: 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.
−Removed: In February 2021, we amended the lease of our other San Diego facilities to extend the term from through December 2025.
−Removed: 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.
−Removed: The Company has the ability to enter into renewal negotiations, prior to the lease end date, with no specific terms.
−Removed: 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.
−Removed: We believe that our existing office, laboratory and manufacturing space will be sufficient to meet our needs in the interim.
+Added: We lease an aggregate of approximately 35,823 square feet of office, laboratory, and manufacturing space in two buildings at our headquarters in San Diego, California, with the lease for all rented space expiring December 31, 2025.
+Added: In December 2021, we executed a new lease for approximately 11,978 additional square feet of office and laboratory space in San Diego, California that expires in January 2026.
+Added: In January 2022, we executed an amendment to our headquarters lease for a new unit adding an additional 5,278 square feet of office and laboratory space in San Diego, California that expires in January 2026.
+Added: In August 2020, through the acquisition of Lineagen, we obtained a lease for approximately 9,710 square feet of office space in a Salt Lake City, Utah under a non-cancelable operating lease that expires in December 2026.
+Added: In October 2021, through the acquisition of BioDiscovery, we obtained a finance lease for approximately 4,786 square feet of office space in El Segundo, California that expires in February 2041.
+Added: We feel our properties are sufficient to satisfy our current needs.
LEGAL PROCEEDINGS
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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.