12 unchanged sentences
dollar will have an adverse impact.
−Removed: A 10% change in the exchange rates for the Canadian dollar would have affected the carrying amount of the net assets by approximately $40.8 million and $40.1 million as of September 30, 2025 and December 31, 2024, respectively.
+Added: A 10% change in the exchange rates for the Canadian dollar would have affected the carrying amount of the net assets by approximately $37.7 million and $40.5 million as of March 31, 2026 and December 31, 2025, respectively.
The corresponding impact would be recorded in accumulated other comprehensive income.
1 unchanged sentence
As we continue to recognize gains and losses in foreign currency transactions, depending upon changes in future currency rates, such gains and losses could have a significant, and potentially adverse, effect on the Company’s results of operations.
−Removed: During the three and nine months ended September 30, 2025, the Company had foreign currency gain (loss) on translation of $(26.0) million and $31.1 million, respectively.
−Removed: During the three and nine months ended September 30, 2024 the Company had foreign currency gain (loss) on translation of $12.4 million and $(20.1) million, respectively.
+Added: During the three months ended March 31, 2026, the Company had foreign currency loss on translation of $17.9 million.
+Added: During the three months ended March 31, 2025, the Company had foreign currency loss on translation of $3.1 million.
Interest rate risk
1 unchanged sentence
Fluctuations in interest rates may impact the level of income and expense recorded on the cash equivalents and short-term investments, and the market value of all interest-earning assets, other than those which possess a short term to maturity.
−Removed: During the three months ended September 30, 2025 and 2024, we had interest income, net of $11.7 million and $12.5 million, respectively.
−Removed: During the nine months ended September 30, 2025 and 2024, we had interest income, net of $30.4 million and $40.2 million, respectively.
−Removed: A 10% decrease in the interest rate in effect on September 30, 2025 would not have a material effect on the fair value of our cash equivalents and short-term investments as the majority of the portfolio had a maturity date of three months or less.
−Removed: A 10% decrease in the interest rate in effect for the three and nine months ended September 30, 2025 would have an effect of $0.7 million and $2.6 million, respectively, on interest income, net earned on our cash equivalents and short-term investments.
+Added: During the three months ended March 31, 2026 and 2025, we had interest income, net of $8.9 million and $9.7 million, respectively.
+Added: A 10% decrease in the interest rate in effect on March 31, 2026 would not have a material effect on the fair value of our cash equivalents and short-term investments as the majority of the portfolio had a maturity date of three months or less.
+Added: A 10% decrease in the interest rate in effect for the three months ended March 31, 2026 would have an effect of $1.1 million on interest income, net earned on our cash equivalents and short-term investments.
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.