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What changed 10-K
Item 2. Properties
2024-02-28 compared with 2023-02-27 · 2 added, 2 removed, 8 unchanged (33% of the section changed)
4 unchanged sentences
The lease ("SLC Lease") will commence when the space is available for use, which is anticipated to be during 2024, and is expected to terminate in 2039.
−Removed: We have the option to extend the lease for a further eight years at the end of the lease period.
+Added: We have two five year renewal period options to extend the lease for a further ten years at the end of the lease term.
Our European headquarters encompasses office space in a shared facility located in Zürich, Switzerland.
−Removed: The current lease agreement is through at least April 2023, with the option to renew.
+Added: The current lease agreement is through December 2024, with the option to renew.
The lease terms provide flexibility to increase our space allocation on short term notice.
1 unchanged sentence
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.