4 unchanged sentences
Interest Rate Sensitivity
−Removed: Our unrestricted cash, cash equivalents, and short-term investments in marketable securities total $58.7 million as of September 30, 2025.
+Added: Our unrestricted cash, cash equivalents, and short-term investments in marketable securities total $65.1 million as of March 31, 2026.
We primarily invest these amounts in money market funds and short-term debt which are held for working capital purposes.
We do not enter into investments for trading or speculative purposes.
−Removed: As of September 30, 2025, the effect of a hypothetical 10% decrease in market interest rates would hav e a $0.3 million i mpact on a potential loss in future interest income and cash flows.
+Added: As of March 31, 2026, the effect of a hypothetical 10% decrease in market interest rates would hav e a $0.2 million i mpact on a potential loss in future interest income and cash flows.
We are also exposed to market risk from changes in interest rates as a result of our indebtedness under the Innovatus Loan.
−Removed: At September 30, 2025, we had $41.0 million principal amount outstanding under the Innovatus Loan.
+Added: At March 31, 2026, $40 million in principal was outstanding under the Innovatus Loan, plus $1.4 million of accrued payment-in-kind interest added to principal .
The floating per annum interest rate of the Innovatus Loan is equal to the sum of (a) the greater of (i) prime rate published in the Money Rates section of the Wall Street Journal and (ii) 7.50% , plus (b) 3.25%;
provided that, at the election of the Company, up to 2.00% of such rate shall be payable in-kind until the third anniversary of the Closing Date.
−Removed: An immediate 10% increase in the prime interest rate would result in a $0.3 million impact on our results of operations over the next twelve months from September 30, 2025.
+Added: An immediate 10% increase in the prime interest rate would result in a $0.3 million impact on our results of operations over the next twelve months from March 31, 2026.
Foreign Currency Risk
4 unchanged sentences
These non-functional currency denominated monetary assets are subject to re-measurement which may create fluctuations in Interest and other expense, net, a component in our condensed consolidated statements of operations and in the fair value of the assets in the condensed consolidated balance sheets.
−Removed: As of September 30, 2025, the effect of a hypothetical 10% unfavorable change in exchange rates on currencies denominated in other than their functional currency is minimal.
−Removed: Investment in Non-Marketable Equity Securities
−Removed: We own investments in non-marketable equity securities without readily determinable fair values.
−Removed: We may value these equity securities based on significant recent arms-length equity transactions with sophisticated non-strategic unrelated investors, providing the terms of these security transactions are substantially similar to the security transactions terms between the investors and us.
−Removed: The impact of the difference in transaction terms on the market value of the portfolio company may be difficult or impossible to quantify.
+Added: As of March 31, 2026, the effect of a hypothetical 10% unfavorable change in exchange rates on currencies denominated in other than their functional currency is minimal.
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.