8 unchanged sentences
We do not enter into investments for trading or speculative purposes.
−Removed: As of December 31, 2023, we had $5.9 million deposited in four banks located in China, $5.0 million deposited in one bank located in France, and $0.3 million deposited in one bank located in the United Kingdom.
+Added: As of December 31, 2024, we had $6.7 million deposited in six banks located in China, $1.8 million deposited in one bank located in France, and $0.7 million deposited in one bank located in the United Kingdom.
We also maintained $102.1 million in cash equivalents that include money market accounts as of December 31, 2024.
14 unchanged sentences
As of December 31, 2024, we had $601.9 million in long-term debt and finance leases outstanding, all of which have either a fixed interest rate or are locked-in fixed interest rates through swap contracts.
−Removed: As of December 31, 2022, we had $75.9 million in long-term debt and finance leases outstanding.
−Removed: Of this amount, $13.3 million had variable interest rates which were not locked-in through fixed interest rate swap contracts.
−Removed: The debt with variable interest rate exposure had a weighted-average interest rate of 5.2% at December 31, 2022.
+Added: As of December 31, 2023, we had $590.0 million in long-term debt and finance leases outstanding, all of which have either a fixed interest rate or are locked-in fixed interest rates through swap contracts.
Foreign Currency Exchange Risk
−Removed: Our finished pharmaceutical products are primarily sold in the U.S.
+Added: Our products are primarily sold in the U.S.
domestic market, and have little exposure to foreign currency price fluctuations.
2 unchanged sentences
These books are remeasured into the functional currency of USD, using the current or historical exchange rates.
−Removed: The resulting currency remeasurement
−Removed: adjustments and other transactional foreign exchange gains and losses are reflected in our statement of operations.
+Added: The resulting currency remeasurement adjustments and other transactional foreign exchange gains and losses are reflected in our consolidated statement of operations.
Our French subsidiary, AFP, maintains its books of record in euros.
13 unchanged sentences
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.