CarGurus(CARG) - 2024 Q1 - Quarterly Report

In connection with the Company's operating lease agreement in Boston, Massachusetts for 225,428 square feet at 1001 Boylston Street (the "1001 Boylston Street Lease"), the Company expects to spend an additional $35,171 to complete its buildout, of which $26,285 has been committed and remains unspent as of March 31, 2024. These costs will be partially reimbursable under the tenant improvement allowance. The Company is subject to a number of risks and uncertainties common to companies in its and similar indus ...