−Removed: Our principal executive office is located in Silver Spring, Maryland, where we lease approximately 5,052 square feet of office and laboratory space under a lease that expires in May 2024.
−Removed: We also occupy approximately 12,888 square feet of manufacturing and office space in Roswell, Georgia under a lease that expires in July 2024, and 2,391 square feet for administrative space in San Diego, California that commenced in February 2024 and expires in February 2026.
−Removed: We expect to renew both of our leases that expire in 2024.
+Added: Our principal executive office at December 31, 2024 is located in Silver Spring, Maryland, where we lease approximately 5,052 square feet of office and laboratory space under a lease that expires in May 2025.
+Added: We also occupy approximately 12,888 square feet of manufacturing and office space in Roswell, Georgia under a lease that expires in July 2029 (with an early termination right in October 2026), and 2,391 square feet for administrative space in San Diego, California that expires in February 2026.
We believe that our facilities are sufficient to meet our current needs and that suitable additional space will be available as and when needed.
+Added: Additionally, in March 2025, we signed a lease for 26,598 square feet in Gaithersburg, Maryland.
+Added: This new facility will become our principal executive office and be utilized for office, manufacturing and laboratory space.
+Added: We expect to occupy this new facility in the second quarter of 2025.
+Added: This lease expires in January 2036 with early termination dates in 2029 and 2033.
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.