1 unchanged sentence
This lease commenced in late 2020 and has a 60-month term, expiring in November 2025, with an option to renew for one additional five-year period.
−Removed: We also lease approximately 35,600 square feet of laboratory and office space in Phoenix, Arizona under two agreements, expiring in April 2033 and July 2033.
+Added: We also lease approximately 46,000 square feet of laboratory and office space in Phoenix, Arizona under two agreements, expiring in July 2033 and October 2033.
For both leases, there are options to renew for two additional five-year terms.
In April 2022, we entered into a lease agreement for 20,856 square feet of laboratory and office space in Pittsburgh, Pennsylvania, with a 10.5-year term and an option to renew for one additional five-year period.
−Removed: Starting in early 2026, the total square footage under this lease will increase to approximately 44,677.
−Removed: We expect to commence operations in this new facility in the second quarter of 2023.
−Removed: In connection with our acquisition of Cernostics in December 2021, we occupy 8,100 square feet of office and laboratory space in Pittsburgh, Pennsylvania under a lease which we renewed in September 2022, expiring in May 2023.
+Added: We commenced operations in the Pittsburgh facility in the second quarter of 2023.
+Added: In February 2024, we purchased approximately 23 acres of land in Friendswood, Texas for the purpose of developing a commercial office building which may be used as our future corporate headquarters.
+Added: We have initiated planning for such facilities and do not expect substantial construction of such facilities would be ready for operational use before the end of 2025.
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.