Annual report pursuant to Section 13 and 15(d)

Lease Obligations

v3.8.0.1
Lease Obligations
12 Months Ended
Dec. 31, 2017
Leases [Abstract]  
Lease Obligations
Lease Obligations
The Company leases office facilities in California and Kansas. These leases expire between 2018 and 2023. Total rent expense, net under all office leases for 2017, 2016 and 2015 was $0.3 million, $0.3 million and $0.4 million, respectively. The following table provides a summary of operating lease obligations and payments expected to be received from sublease agreements as of December 31, 2017 (in thousands):

Operating lease obligations:
 
Lease
Termination
Date
 
Less than 1
year
 
1-2 years
 
3-4 years
 
Thereafter
 
Total
Corporate headquarters-San Diego, CA
 
April 2023
 
$
131

 
$
275

 
$
291

 
$
50

 
$
747

Office and research facility-La Jolla, CA
 
June 2019
 
737

 
373

 

 

 
1,110

Bioscience and Technology Business Center-Lawrence, KS
 
December 2020
 
57

 
113

 

 

 
170

Office - Emeryville, CA
 
August 2021
 
253

 
528

 
186

 

 
967

Research Facility - Emeryville, CA
 
August 2021
 
197

 
412

 
142

 

 
$
751

Total operating lease obligations
 
 
 
$
1,375

 
$
1,701

 
$
619

 
$
50

 
$
3,745

 
 
 
 
 
 
 
 
 
 
 
 
 
Sublease payments expected to be received:
 
 
 
 
 
 
 
 
 
 
 
 
Office and research facility-La Jolla, CA
 
June 2019
 
641

 
361

 

 

 
1,002

Net operating lease obligations
 
 
 
$
734

 
$
1,340

 
$
619

 
$
50

 
$
2,743