−Removed: Our principal laboratory and administrative facilities are currently located in Pasadena, California, which is located in the greater Los Angeles region.
−Removed: We currently lease 83,083 square feet of laboratory and office space in Pasadena, California (the initial lease).
−Removed: The lease became effective on August 1, 2022 and is for a term of 13 years.
−Removed: An additional 46,460 square feet of space adjacent to the existing space, is subject to a lease that begins on July 1, 2025 (the second lease).
−Removed: The second lease is for a term of 10 years and expires at the same time as the initial lease.
−Removed: We also continue to lease 24,000 square feet of office and lab at our previous facility in Monrovia, California pursuant to a lease that expires December 31, 2025.
−Removed: In August 2023, we entered into a lease for 9,400 square feet of office space in San Diego, California.
−Removed: The term of the lease agreement began in September 2023 and expires in December 2027.
−Removed: We believe that our existing facilities are adequate to meet our current and future needs.
+Added: The following table summarizes the Company’s leased facilities as of February 25, 2026.
+Added: Approximate Square Footage
+Added: Lease Expiration
+Added: Remaining Lease Term (years)
+Added: Monrovia, California
+Added: Research and Office Facility
+Added: 24,573 December 2026
+Added: Pasadena, California
+Added: Corporate Headquarters and Lab Facility
+Added: 129,543 July 2035
+Added: San Diego, California
+Added: Research Facility
+Added: 9,044 December 2027
+Added: On December 18, 2025, the Company entered into a sublease agreement to sublease a portion of its Pasadena space to a third party.
+Added: The sublease term commenced on February 1, 2026 and expires on January 31, 2031.
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.