−Removed: As of December 31, 2024, we lease approximately 24,300 square feet in Germany in Gräfelfing, 4,800 square feet in Planegg and approximately 3,300 square feet of office space in the U.S.
−Removed: in New York City.
+Added: As of December 31, 2025, we lease approximately 24,300 square feet in Germany in Gräfelfing, Germany, 4,800 square feet in Planegg, Germany and approximately 3,300 square feet of office space in New York City, USA.
The New York City lease, which we entered into in November 2019, and extended in April 2023 and November 2024, expires July 31, 2026 and provides the principal location for our U.S.
−Removed: The Gräfelfing, Germany lease, which was effective July 1, 2020 and then adjusted on March 1, 2021 and August 1, 2022 to add more square footage, expired on June 30, 2024, however, the Company is currently operating on a one-year monthly rolling lease.
+Added: The Gräfelfing, Germany lease, which was
+Added: effective July 1, 2020 and then adjusted on March 1, 2021 and August 1, 2022 to add more square footage, expired on June 30, 2024, however, the Company is currently operating on a one-year monthly rolling lease.
The Company or landlord may terminate the lease by providing one-years 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.