Leases

May 8, 2018,

we entered into a Second Amendment to Lease (the “Lease Amendment”) with

AP3

SD1

Campus Point LLC (the “Landlord”), amending that certain Lease, dated

October 18, 2016,

by and between us and the Landlord, as amended by that certain First Amendment to Lease, dated

March 15, 2017 (

the “Lease”). The Lease Amendment provides for us to lease additional office space in the building located at

4242

Campus Point Court, San Diego, California, for a period of

months, beginning on the date that our improvements to the premises are substantially complete. Pursuant to the Lease Amendment, we have agreed to pay a basic annual rent that increases incrementally over the term of the Lease Amendment from

$0.9

million for the

first

months of the Lease Amendment (inclusive of certain rent abatements) to a prorated portion of a basic annual rent of

$1.4

million for the last

three

months of the Lease Amendment, and such other amounts as set forth in the Lease Amendment. We also paid to the Landlord an additional security deposit in the amount of

$0.1

million. Except as modified by the Lease Amendment, all of the provisions of the Lease will continue unmodified and in full force and effect.

The following table shows the annual future minimum lease payments under all of our operating leases as of

June 30, 2018 (

in thousands):

Period ending June 30:
2019	$	3,320
2020		2,686
2021		2,764
2022		2,845
2023		2,928
Thereafter		4,654
Total future minimum lease payments	$	19,197