Item 2. Properties
Item 2. Properties
Our corporate headquarters are located in San Diego, California. We believe that our property and equipment are generally well maintained, in good operating condition and suitable for the conduct of our business.
Details of our leased facilities, which include our corporate headquarters and consist of office space and research and development laboratories, follow.
Address Type Square Feet
12780 El Camino Real, San Diego, California Office Space, Research and Development Laboratories 141,000
6027 Edgewood Bend Court, San Diego, California
Office Space 124,000
6029 Edgewood Bend Court, San Diego, California
Office Space 110,000
12790 El Camino Real, San Diego, California Office Space 88,000
10420 Wateridge Circle, San Diego, California Research and Development Laboratories 46,000
12777 High Bluff Drive, San Diego, California Office Space 45,000
12770 El Camino Real, San Diego, California Office Space 26,000
On February 8, 2022, we entered into a lease agreement for a four-building campus facility to be constructed in San Diego, California, including a six-year option for the construction of a fifth building. This campus facility, comprised of office space and research and development laboratories, will serve as our new corporate headquarters.
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The construction of the campus facility is phased. The first phase of construction relating to office space was completed in December 2023. As we begin to occupy our new campus facility, we will sublease certain of our existing leased premises when we determine there is excess leased capacity.
Item 3. Legal Proceedings
For a description of our legal proceedings, refer to Note 13 to the consolidated financial statements, which is incorporated herein by reference.
Item 4. Mine Safety Disclosures
None.
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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.