1 unchanged sentence
We are exposed to market risk related to changes in interest rates.
−Removed: As of September 30, 2025 and December 31, 2024, we had cash, cash equivalents and marketable securities of $1.3 billion and $1.5 billion, respectively, consisting primarily of investments in U.S.
+Added: As of March 31, 2026 and December 31, 2025, we had cash, cash equivalents and marketable securities of $1.0 billion and $1.2 billion, respectively, consisting primarily of investments in U.S.
Treasuries, government securities, corporate debt securities and certificates of deposit.
7 unchanged sentences
We do not currently hedge our foreign currency exchange rate risk.
−Removed: As of September 30, 2025 and December 31, 2024, we had minimal or no liabilities denominated in foreign currencies.
+Added: As of March 31, 2026 and December 31, 2025, we had minimal or no liabilities denominated in foreign currencies.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.