Kodiak Sciences Inc KOD CA — Number Of Options To Extend Lease Term
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Where this comes from
Reported directly by Kodiak Sciences Inc in its filing.
Tagged under the XBRL concept kod:NumberOfOptionsToExtendLeaseTerm.
The source filing: Kodiak Sciences Inc’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 4:15 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-211951
The lease term for 1250 Page Mill Road is 13 years and commenced in July 2020. The lease includes two options to extend for a term of five years each. The lease term for 1200 Page Mill Road is 6.5 years and commenced in September 2020. The lease includes an option to extend for another 6.5 years. In both cases, the Company determined the extension options were not reasonably certain to be exercised at lease inception. In addition to fixed monthly rent, the Company pays for variable operating expenses, such as property taxes, insurance costs, and maintenance costs.
Item 1. Financial Statements (Unaudited).
FAQ
- What does CA — number of options to extend lease term mean?
- The total number of contractual provisions available to the company to extend the duration of existing lease agreements for properties in the specified region. This reflects the company's flexibility in maintaining its operational footprint. It serves as an indicator of strategic real estate optionality and long-term site control.