ACHIEVE LIFE SCIENCES INC
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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FY2024 · Filed Mar 11, 2025
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Item 2. PROPERTIES
We have business offices located in Bothell, Washington and Vancouver, British Columbia.
On November 19, 2018, we entered into a lease agreement for our office space in Vancouver, British Columbia, which commenced on February 1, 2019, and had a four-year term. On December 16, 2022, we entered into an agreement to extend the lease for another two-year term, which commenced on February 1, 2023. On December 9, 2024, we entered into an agreement to extend the lease for another two-year term, which commenced on February 1, 2025. Pursuant to this lease, we rent approximately 2,367 square feet of office space. The annual rent is approximately $0.1 million.
On November 9, 2023, we entered into a lease agreement for our office space in Bothell, Washington, which commenced on March 1, 2024, and had a one-year term. On October 24, 2024, we entered into an agreement to extend the lease for a six month term, which commenced on March 1, 2025. The annual rent is approximately $15,800.
We believe that the facilities we currently lease are sufficient for our anticipated near-term needs.
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