Subsequent Events

9 Months Ended

Sep. 30, 2018

Subsequent Events

Subsequent Events

13. Subsequent Events

 On October 1, 2018, the Company exercised the option under its existing lease agreement with the landlord at the San Carlos, California corporate headquarters to expand the occupancy of the Second Space (as described in Note 7 under Operating Leases) to consolidate its operations at one location. The additional space is approximately 23,000 square feet, which will increase the Company’s total occupancy to approximately 136,000 square feet of laboratory and office space. The expansion does not change the existing term of the lease, which expires in October 2023.