7 unchanged sentences
Interest Rate Risk
−Removed: As of September 30, 2024, we had cash, cash equivalents, and marketable securities of $22,435, which consisted primarily of deposits in our bank accounts, money market funds, and marketable securities.
+Added: As of March 31, 2025, we had cash, cash equivalents, and marketable securities of $25,926, which consisted primarily of deposits in our bank accounts, money market funds, and marketable securities.
Such interest-earning instruments carry a degree of interest rate risk.
3 unchanged sentences
Our concentration of credit risk is determined by evaluating each customer and each vendor that accounts for more than 10% of our accounts receivable and accounts payable, respectively.
−Removed: As of September 30, 2024, there was one customer accounting for 10% or more of our accounts receivable and one vendor accounting for 10% or more of our accounts payable.
+Added: As of March 31, 2025, there were two customers accounting for 10% or more of our accounts receivable and one vendor accounting for 10% or more of our accounts payable.
We perform credit evaluations as needed and generally do not require collateral for our customers.
We analyze accounts receivable, historical percentages of uncollectible accounts, and changes in payment history when evaluating the adequacy of the allowance for doubtful accounts for potential credit losses on customers’ accounts.
−Removed: For the nine months ended September 30, 2024 and 2023, we have write-offs of $70 and $0, respectively, and recorded a provision for expected credit losses of $35 and $0, respectively.
+Added: For the three months ended March 31, 2025 and 2024, we have no write-offs, and recorded a provision for expected credit losses of $0 and $14, respectively.
Foreign Currency Exchange Risk
Our foreign currency exchange gains and losses have been generated primarily from fluctuations in the euro versus the U.S.
−Removed: dollar, and the Japanese yen versus the U.S.
The functional currency of all our entities is the U.S.
5 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.