10 unchanged sentences
Cash held in financial institutions in foreign countries is not significant.
−Removed: Although these depository accounts may exceed government insured depository limits, we have evaluated the credit worthiness of these applicable financial institutions and determined the risk of material financial loss due to the exposure of such credit risk to be minimal.
+Added: Although these depository accounts may exceed government insured depository limits, we have evaluated the credit worthiness of these applicable financial institutions and determined the risk of material financial loss due to the exposure of such credit risk to be remote.
The Company also maintains investments in money market funds that are not federally insured.
7 unchanged sentences
Interest rate risk is highly sensitive due to many factors, including United States monetary and tax policies and United states and international economic factors beyond our control.
+Added: A hypothetical 100 basis-point (one percentage point) increase or decrease in interest rates compared to actual rates at December 31, 2024, would not have had a significant effect on our results.
Foreign Currency Exchange Rate Risk
13 unchanged sentences
To a lesser extent, the Company is also exposed to exchange rate fluctuations between the Australian and Canadian Dollars to the U.S.
−Removed: For 2023 and 2022, foreign currency transaction losses of $(101) and $(559) were recorded primarily in connection with settlements of the intercompany balances and invoices transacted in British Pounds.
+Added: For 2024 and 2023, foreign currency transaction losses of $272 and $101 were recorded primarily in connection with settlements of the intercompany balances and invoices transacted in Euros, British Pounds, Australian Dollars or Canadian Dollars.
For revenue denominated in Euros, if there is an increase in the rate at which Euros are exchanged for U.S.
−Removed: Dollars, it will
−Removed: require more Euros to equal a specified amount of U.S.
+Added: Dollars, it will require more Euros to equal a specified amount of U.S.
Dollars than before the rate increase.
4 unchanged sentences
In 2022, we entered into a clinical trial management agreement for the LeAAPS clinical trial.
−Removed: The terms of the agreement require we make fixed milestone payments upon achievement of various enrollment and project milestones over the estimated ten-year term.
+Added: The terms of the agreement require fixed payments upon achievement of various enrollment and project milestones over the estimated ten-year term.
Additional variable costs, including pass through costs incurred at clinical trial sites, will be billed to us by the contracted party.
4 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.