Avalo Therapeutics AVTX Maryland — Increase (Decrease) in Operating Lease Liability
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Where this comes from
Reported directly by Avalo Therapeutics in its filing.
Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.
The source filing: Avalo Therapeutics’s 10-Q, filed May 13, 2026.
- Filed
- May 13, 2026, 7:02 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001534120-26-000033
Additionally, Avalo had an operating lease for administrative office space in Rockville, Maryland, which the Company elected to early-terminate effective January 31, 2026 by providing notice and paying the $0.3 million contractual early termination fee in the fourth quarter of 2024, resulting in a remeasurement and reduction of the lease liability and right-of-use (“ROU”) asset by $0.3 million. The lease liability and lease payments related to the property continued through the early-termination date of January 31, 2026. The annual base rent for this office was $0.2 million and was subject to annual 2.5% increases over the term of the lease.
Item 1. Financial Statements.
FAQ
- What is Avalo Therapeutics's maryland — increase (decrease) in operating lease liability?
- Avalo Therapeutics (AVTX) reported maryland — increase (decrease) in operating lease liability of -$300K in Q1 2026.
- How has Avalo Therapeutics's maryland — increase (decrease) in operating lease liability changed year-over-year?
- Avalo Therapeutics's maryland — increase (decrease) in operating lease liability decreased by 0.0% year-over-year, from -$300K to -$300K.
- What does maryland — increase (decrease) in operating lease liability mean?
- The net change in the present value of future lease payments for operating leases associated with the Maryland geographic segment. This reflects adjustments due to new lease agreements, modifications, or the passage of time as the company manages its facility obligations.
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