secwatch.observer — SEC 8-K summary
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Issuer:     ILLUMINA, INC. (ILMN)
CIK:        0001110803
Form:       8-K/A
Filed at:   2025-01-14T23:59:59+00:00
Accession:  0001110803-25-000011
Event type: other_material
Sentiment:  negative
Materiality: 0.35
Item codes: 2.05
LLM model:  deepseek-v4-flash:cloud@v2

Illumina records $14M additional impairment on San Diego property in Q4 2024
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- Total $32M impairment in Q1 2024 from exiting Foster City campus and another San Diego property.
- Additional $14M right-of-use asset impairment in Q4 2024 for the San Diego property; no remaining assets there.
- Company continues to evaluate options for remaining Foster City campus.
- All real estate exit charges will be excluded from non-GAAP financial metrics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110803/000111080325000011/0001110803-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110803/000111080325000011/ilmn-20230621.htm
  HTML page:      https://secwatch.observer/filing/0001110803-25-000011

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