−Removed: As of December 31, 2024, we had an operating lease for 3,628 square feet of office space in San Diego, California, with a lease term that expires on April 30, 2025.
−Removed: We also have an operating lease for 25,476 square feet of laboratory and office space in Taicang, China, with a lease term that expires on April 30, 2026.
−Removed: In February 2025, we relocated our corporate headquarters to a new location in San Diego, California which includes 6,942 square feet of office space.
−Removed: This space is leased through January 2028.
+Added: In February 2025, we relocated our corporate headquarters to a new location in San Diego, California.
+Added: The associated operating lease is for 6,942 square feet of office space and expires on January 31, 2028.
+Added: We also have an operating lease for 25,476 square feet of laboratory and office space in Taicang, China, with an initial lease term that expires on April 30, 2027.
We believe that our existing facilities are adequate to meet our current needs, and that suitable additional alternative space will be available in the future on commercially reasonable terms.
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.