Note 12. Subsequent Event

On August 21, 2026, we entered into a Seventh Amendment to Office Lease (the “Seventh Amendment”) with Redwood City Partners, LLC (the “Landlord”), amending that certain Office Lease dated September 15, 2014, as amended, for our corporate headquarters in Redwood City, California. The Seventh Amendment extends the termination date of the lease to June 30, 2040 and reduces the rentable square footage from 283,062 to 242,935 starting July 1, 2028. Total undiscounted base rent payable under the Seventh Amendment, net of rent abatements, from July 1, 2028 through June 30, 2040 is expected to be approximately $283.3 million. In addition to base rent, we are also obligated to pay our proportionate share of certain operating expenses, utilities, insurance costs, and taxes associated with the premises. As an incentive to enter into the Seventh Amendment, the Landlord has agreed to provide a tenant improvement allowance of up to $27.5 million for the design and construction of specified improvements to the leased premises, which is payable through December 31, 2030.