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What changed 10-K
Item 2. Properties
2023-03-13 compared with 2022-03-01 · 1 added, 1 removed, 10 unchanged (17% of the section changed)
2 unchanged sentences
We also have two options to extend the lease term, each by five years.
−Removed: The annual base rent due under the lease for our principal office and laboratory space is $7.1 million for 2022, $7.3 million for 2023 and $7.4 million for 2024.
+Added: The annual base rent due under the lease for our principal office and laboratory space is $6.9 million for 2023, $7.0 million for 2024, $7.1 million for 2025, $6.9 million for 2026 and $5.8 million for 2027.
In addition, we are responsible for paying our proportionate share of the building’s utilities, taxes, insurance and maintenance as well as a property management fee.
6 unchanged sentences
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.