Item 2. Properties
ITEM 2. Properties
We currently lease approximately 180,000 square feet of office space worldwide. Information concerning our principal leased properties as of December 31, 2023 is set forth below:
Location Principal Use Square Footage Lease Expiration Date
San Ramon, California Corporate headquarters, sales, marketing, product design, professional services, research and development 104,000 January 2031
The Philippines Technical support, training and other professional services 26,600 July 2026
Portugal Portions of engineering and operations 20,600 August 2025
Australia Research and development, sales, marketing and client support services 14,000 October 2027
The hosting of our equipment and software at co-located third-party facilities is also significant to our business. We have entered into rental agreements with third-party facilities in Santa Clara, California; Atlanta, Georgia; and Slough, England, which require monthly payments for a fixed period of time in exchange for certain guarantees of space, and network and telecommunication availability. These agreements expire at various dates through 2028.
We believe our facilities are sufficient for our current needs.
ITEM 3. Legal Proceedings
Information with respect to this item may be found under the heading “Legal Matters” in Note 10 of the Notes to Consolidated Financial Statements in this Annual Report on Form 10-K, which information is incorporated herein by reference.
ITEM 4. Mine Safety Disclosures
Not applicable.
50
Table of Contents
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.