Celcuity CELC Area Of Land
Area Of Land at other companies
Other financials
Where this comes from
Reported directly by Celcuity in its filing.
Tagged under the XBRL concept us-gaap:AreaOfLand.
The source filing: Celcuity’s 10-K, filed March 26, 2026.
- Filed
- Mar 26, 2026, 7:30 AM EDT
- Fiscal year
- FY2025
- Accession
- 0001493152-26-012801
In November 2025, the Company entered into a lease for clinical laboratory and office space in Minnesota for 19,594 square feet. The lease term will commence on April 1, 2026 and is 62 months with two options to extend the lease term for five years each. The Company also has a one-time option to terminate the lease at the end of the third year, provided certain conditions are met. To exercise this option, the Company must pay a termination fee equal to eight months’ rent plus the landlord’s unamortized transaction costs, which include abated rent, tenant improvement allowances and broker fees. The initial annual lease payment is $0.3 million and increases by 3.5% on an annual basis, resulting in total undiscounted future minimum lease payments of $1.5 million over the initial 62-month term.As of December 31, 2025, the lease has not commenced and is therefore excluded from the tables below.
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FAQ
- What is Celcuity's area of land?
- Celcuity (CELC) reported area of land of $19.59K in Q4 2025.
- What does area of land mean?
- This metric quantifies the total physical land area owned or controlled by the company, typically reported as part of property, plant, and equipment. It provides insight into the company's real estate footprint and potential capacity for future facility expansion or infrastructure development.
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