We lease all of our facilities and do not own any real property.
−Removed: Our headquarters is located in San Francisco, California, where we have sub-leased several floors, consisting of 259,416 square feet of office space at 101 Spear Street.
−Removed: The sub-lease covers several floors for which the terms commenced on December 1, 2018 and April 1, 2020 and will be expiring at various dates between March 2025 and June 2028.
−Removed: Our existing lease obligations are secured by letters of credit with a cumulative value of $23.7 million as of December 31, 2021.
−Removed: We also lease approximately 600,000 square feet in various locations in North America, South America, Europe and Asia.
+Added: Our headquarters is located in San Francisco, California, where we actively occupy 101,434 square feet of office space at 101 Spear Street.
+Added: In May 2022, we announced our decision to become a remote-first company whereby employees would have flexibility to work remotely on a permanent basis.
+Added: As a result of this decision, in the third quarter of 2022, we permanently closed several of our office locations in the United States, including a portion of our original headquarters space.
+Added: On February 13, 2023, we announced that we will be permanently closing additional office locations during 2023.
+Added: The financial impact on our results of operations from closing several of our offices in 2022 is described in Note 5 and Note 8 to our consolidated financial statements included elsewhere in this Annual Report on Form 10-K.
+Added: We lease additional office space in various other locations in North America, South America, Europe and Asia.
This includes our international headquarters in Dublin, Ireland, and regional offices used for business operations, sales, support, and product development.
−Removed: Additional information regarding our lease commitments is available in Note 6 of our consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data” included elsewhere in this Annual Report on Form 10-K.
−Removed: We intend to procure additional space in the future as we continue expand geographically and add employees.
−Removed: We believe our facilities are adequate and suitable for our current needs and that, should it be needed, suitable additional or alternative space will be available to accommodate our operations.
+Added: Additional information regarding our lease commitments is available in Note 8 to our consolidated financial statements included elsewhere in this Annual Report on Form 10-K.
+Added: We believe that our remaining facilities are adequate and suitable for our current needs and that, should it be needed, suitable additional or alternative space will be available to accommodate our operations.
Legal Proceedings
−Removed: Refer to Note 13(b) of our consolidated financial statements included elsewhere in this Annual Report on Form 10-K for a description of our current material legal proceedings.
+Added: Refer to Note 16(b) to our consolidated financial statements included elsewhere in this Annual Report on Form 10-K for a description of our current material legal proceedings.
Mine Safety Disclosures
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