secwatch.observer — SEC 8-K summary
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Issuer:     ILLUMINA, INC. (ILMN)
CIK:        0001110803
Form:       8-K/A
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001110803-23-000088
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 2.05
LLM model:  deepseek-v4-flash:cloud@v2

Illumina incurs $54M impairment charge for i3 campus exit; Foster City charges pending
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- Incurred ~$54M in right-of-use asset and leasehold impairment charges in 2023 for exiting i3 campus in San Diego.
- As of Oct 1, 2023, Foster City campus assets total ~$182M; expects charges from partial exit but cannot yet estimate.
- Charges related to real estate footprint reduction will be excluded from non-GAAP financial metrics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110803/000111080323000088/0001110803-23-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110803/000111080323000088/ilmn-20230621.htm
  HTML page:      https://secwatch.observer/filing/0001110803-23-000088

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