What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2026-03-17 compared with 2025-03-13 · 1 added, 2 removed, 18 unchanged (14% of the section changed)

10 unchanged sentences

We do not currently hedge our foreign currency exchange rate risk.

As of December 31, 2024 and 2023, we had minimal assets and liabilities denominated in foreign currencies and an immediate

change of 10% in the exchange rate of the foreign currencies would result in a net impact of approximately $0.1 million in our consolidated balance sheets and consolidated statement of operations and comprehensive loss.

As of December 31, 2025 and 2024, we had minimal assets and liabilities denominated in foreign currencies and an immediate change of 10% in the exchange rate of the foreign currencies would result in a net impact of approximately $0.1 million in our consolidated balance sheets and consolidated statement of operations and comprehensive loss.

Inflation generally affects us by increasing our cost of labor and clinical trial costs.

6 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.