Company: ACHV
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0000950170-25-036831
Chunk: 106

Company: ACHIEVE LIFE SCIENCES, INC.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 2
Chunk 106
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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.