3 unchanged sentences
Additional risks that we are not aware of or do not believe are material at the time of this filing may also become important factors that adversely affect our business.
−Removed: There have been no material changes to our risk factors as previously disclosed under Part I, Item 1A “Risk Factors” in the 2024 Annual Report, except as indicated below:
−Removed: Risk related to recent U.S.
−Removed: tariff announcements
−Removed: Changes in United States trade policy, including recently announced tariffs, could have a material adverse impact on our business, financial condition, and results of operations.
−Removed: The imposition of new tariffs or increases in existing tariffs on goods imported from countries where we or our suppliers operate could result in increased costs for raw materials, components, or finished goods.
−Removed: These cost increases may reduce our margins, require us to raise prices, or make our products less competitive in the marketplace.
−Removed: Additionally, retaliatory tariffs imposed by other countries on U.S.
−Removed: exports could adversely impact demand for our products in international markets.
−Removed: If we are unable to mitigate these risks through supply chain adjustments, pricing strategies, or other measures, our financial performance and growth prospects could be negatively affected.
+Added: There have been no material changes to our risk factors as previously disclosed under Part I, Item 1A “Risk Factors” in the 2025 Annual Report.
Unregistered sales of equity securities and use of proceeds
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.