Navidea relocated its Dublin, Ohio headquarters from Blazer Parkway (“Blazer”) to a smaller space at Bradenton Avenue. The Company concurrently executed a sublease arrangement (“Sublease”) for the Blazer space because there is early termination provision in the Blazer lease. The Blazer lease and the Sublease end simultaneously in

million, which is equal to the fair value of the remaining payments due under the Blazer Lease, net of the fair value of the payments to be received by the Company under the Sublease, and including a finder’s fee. The Company also recorded a loss on contract termination of and a loss on disposal of assets, primarily leasehold improvements and furniture and fixtures, related to the Blazer space of Both losses are included in selling, general and administrative expenses for the -month periods ended

changes in our terminated lease liability during the -month period ended is presented below: