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Leases
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Leases

Note 5. Leases

The Company leases its corporate headquarters, which includes approximately 150,753 square feet of executive offices and research and development and business operations, in an office park in Hayward, California under a non-cancelable operating lease with terms that extend through 2031. One of the buildings, having approximately 14,460 square feet of leased space, has a lease term that commenced April 2022 with tenant allowances totaling approximately $5.8 million. The Company also leases space in Brisbane, California under a non-cancelable lease that extends through 2031. Both leases are subject to options by the Company to extend the lease terms.

The following table summarizes supplemental cash flow disclosures and non-cash financing activities related to our operating leases (in thousands):

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

Cash paid for amounts included in measurement of lease liabilities

 

$

4,421

 

 

$

2,000

 

Cash received from tenant improvement allowances

 

$

8,381

 

 

$

-

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

3,029

 

 

$

24,473

 

Recognition of tenant improvement allowance receivable included in other current liabilities

 

$

5,791

 

 

$

10,598