114 unchanged sentences
These risks in turn could cause our operating results and financial condition to suffer.
−Removed: Revenue from EMEA sales was 20% of our total revenue during the three months ended December 31, 2025 compared to 23% during the three months ended December 31, 2024.
−Removed: Revenue from EMEA sales was 20% of our total revenue during the six months ended December 31, 2025 compared to 24% during the six months ended December 31, 2024.
+Added: Revenue from EMEA sales remained consistent at 22% of our total revenue during the three months ended March 31, 2026 and 2025.
+Added: Revenue from EMEA sales was 20% of our total revenue during the nine months ended March 31, 2026 compared to 23% during the nine months ended March 31, 2025.
In addition to those discussed elsewhere in this section, our EMEA sales operations are subject to a number of specific risks, such as:
9 unchanged sentences
Any of the above risks could adversely affect our international operations, reduce our revenue from customers outside of the United States or increase our operating costs, each of which could adversely affect our business, results of operations, financial condition, and growth prospects.
−Removed: As of December 31, 2025, approximately 44% of our workforce was employed in India.
+Added: As of March 31, 2026, approximately 44% of our workforce was employed in India.
Of our employees in India, 61% are allocated to research and development.
5 unchanged sentences
In addition, the maintenance of stable political relations between the U.S., the European Union (EU) and India are also of great importance to our operations.
−Removed: Recent developments, such as the U.S.
−Removed: administration's imposition of a 50% tariff on Indian goods effective August 27, 2025, have introduced significant uncertainties.
+Added: Prior developments, such as the U.S.
+Added: administration's imposition of tariffs of up to 50% on certain Indian goods effective August 27, 2025, introduced significant uncertainties.
This tariff escalation has strained U.S.-India relations.
204 unchanged sentences
Although we have implemented contracts, diligence programs, policies and procedures designed to address compliance with applicable laws and regulations, there can be no assurance that our employees, contractors, partners, suppliers, data providers or agents will not violate such laws and regulations or our contracts, policies and procedures.
−Removed: Additionally, public perception and standards related to the privacy of personal information can shift rapidly, in ways that may affect our reputation or influence legislator to enact regulations and laws, or regulators to enforce such laws or issue guidance, in each case that may limit our ability to provide certain products and services.
−Removed: In the U.S., the California Consumer Privacy Act (CCPA), as amended by the California Privacy Rights Act (CPRA) provides California residents with expanded rights to regarding personal information and impose significant compliance obligations.
+Added: Additionally, public perception and standards related to the privacy of personal information can shift rapidly, in ways that may affect our reputation or influence legislators to enact regulations and laws, or regulators to enforce such laws or issue guidance, in each case that may limit our ability to provide certain products and services.
+Added: In the U.S., the California Consumer Privacy Act (CCPA), as amended by the California Privacy Rights Act (CPRA) provides California residents with expanded rights regarding personal information and impose significant compliance obligations.
In addition, numerous other states have adopted comprehensive privacy laws with varying requirements and enforcement mechanisms, including obligations related to sensitive personal information, data subject rights, and cybersecurity programs.
4 unchanged sentences
In addition to costs involved in monitoring and analyzing such laws to determine to what extent they apply, and costs involved in any compliance measures, there are also financial risks in the event of enforcement action, with many imposing obligations and penalties for noncompliance.
−Removed: Further, to the extent that any new laws may limit our ability to provide our solutions to customers.
+Added: Further, to the extent that any new laws may limit our ability to provide our solutions to customers, our business, financial condition, and operating results could be adversely affected.
In addition to government activity, privacy advocacy and other industry groups have established or may establish new self-regulatory standards that may place additional burdens on us.
34 unchanged sentences
Our customers and potential customers conduct business in a variety of industries, including financial services, the public sector, healthcare, telecommunications and other highly regulated industries.
−Removed: Regulators in certain industries have adopted and may in the future adopt regulations or interpretive positions regarding the use of cloud computing, AI and other
−Removed: outsourced services.
+Added: Regulators in certain industries have adopted
+Added: and may in the future adopt regulations or interpretive positions regarding the use of cloud computing, AI and other outsourced services.
The costs of compliance with, and other burdens imposed by, industry-specific laws, regulations and interpretive positions may limit customers’ use and adoption of our services and reduce overall demand for our services.
33 unchanged sentences
Disruptions and volatility in the financial markets may lead to adverse changes in the availability, terms and cost of capital, all of which could have a material adverse effect on our business, financial condition, results of operations and prospects.
+Added: Geopolitical instability, including the risk of military conflict involving Iran and broader escalation in the Middle East, could adversely affect our business, financial condition, and results of operations.
+Added: Escalation of hostilities involving Iran could disrupt global markets, increase energy and operating costs, trigger cyber threats, and create volatility in customer spending and enterprise technology budgets.
+Added: Broader sanctions, trade restrictions, supply chain disruptions, or instability affecting customers, partners, vendors, and cloud infrastructure providers could delay purchasing decisions, reduce demand for our solutions, impair collections, and disrupt business operations.
+Added: Any prolonged geopolitical instability or related economic downturn could have a material adverse effect on our business, financial condition, and results of operations.
Risks Related to Intellectual Property
39 unchanged sentences
● developments with respect to intellectual property rights and litigation, regulatory scrutiny and new legislation;
−Removed: ● market conditions and trends in customer engagement platforms, AI solution and the broader technology industries;
+Added: ● market conditions and trends in customer engagement platforms, AI solutions and the broader technology industries;
● general market and economic conditions.
2 unchanged sentences
Our insiders who are significant stockholders have the ability to exercise significant control over matters requiring stockholder approval, including the election of our board of directors, and may have interests that conflict with those of other stockholders.
−Removed: Our directors and executive officers, together with their affiliates and members of their immediate families, beneficially owned, in the aggregate, approximately 36% of our outstanding capital stock as of December 31, 2025, of which our Chief Executive Officer, Ashutosh Roy, beneficially owned approximately 32% as of such date.
+Added: Our directors and executive officers, together with their affiliates and members of their immediate families, beneficially owned, in the aggregate, approximately 35% of our outstanding capital stock as of March 31, 2026, of which our Chief Executive Officer, Ashutosh Roy, beneficially owned approximately 32% as of such date.
As a result of these concentrated holdings, Mr.
1 unchanged sentence
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.