3 unchanged sentences
or Canadian obligations and bank securities and money market investments in compliance with our investment policy.
−Removed: We do not hold any mortgaged-backed investments in our investment portfolio.
+Added: We do not hold any mortgage-backed investments in our investment portfolio.
Securities must have a minimum Dun & Bradstreet rating of A for bonds or R1 low for commercial paper.
1 unchanged sentence
This policy applies to all of our financial resources.
−Removed: At December 31, 2024, we had $24.6 million in money market investments and savings accounts as compared to $11.9 million at December 31, 2023;
+Added: At December 31, 2025, we had $33,716 in money market investments and savings accounts as compared to $24,614 at December 31, 2024;
these investments typically have minimal risk.
−Removed: We have not experienced any loss or write
−Removed: down of our money market investments for the years ended December 31, 2024 and 2023;
+Added: We have not experienced any loss or write down of our money market investments for the years ended December 31, 2025 and 2024;
however, the amounts we hold in money market accounts are substantially above the $250 amount insured by the FDIC and may lose value.
7 unchanged sentences
however, we do hold Canadian dollars and Euros which we use to pay vendors in Canada and the EU in addition to other corporate obligations.
−Removed: At December 31, 2024, we held approximately CAD$0.16 million and €0.24 million.
+Added: At December 31, 2025, we held approximately CAD$210 and €279.
Financial Statements and Supplementary Data
3 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.