8 unchanged sentences
however, historical fluctuations in interest income have not been significant.
−Removed: We had outstanding debt of $36.9 million under the CIBC Agreement with an annual effective interest rate of 9.0% as of December 31, 2024.
−Removed: In the ordinary course of business, we may enter into contractual arrangements to reduce
−Removed: our exposure to interest rate risks.
+Added: We had outstanding debt of $36.9 million under the Amended and Restated CIBC Agreement with an annual effective interest rate of 8.2% as of December 31, 2025.
+Added: In the ordinary course of business, we may enter into contractual arrangements to reduce our exposure to interest rate risks.
We believe that a 10% change in interest rates would not have a significant impact on our consolidated financial statements.
1 unchanged sentence
We operate in countries other than the United States and are exposed to foreign currency risks.
−Removed: Revenue from sales outside of the United States represented 32.6% and 33.1% of our total revenue for the year ended December 31, 2024 and 2023, respectively.
+Added: Revenue from sales outside of the United States represented 37.0% and 32.6% of our total revenue for the years ended December 31, 2025 and December 31, 2024, respectively.
We bill most direct sales outside of the United States in local currencies, which are mostly comprised of the Swiss franc, the Euro, the British pound, and the Australian dollar.
Operating expenses related to these sales are largely denominated in the same respective currency, thereby limiting our transaction risk exposure.
−Removed: We therefore believe that the risk of a significant impact on our operating income from foreign currency fluctuations is not significant.
+Added: We therefore believe that the risk of a significant impact on our operating income from
+Added: foreign currency fluctuations is not significant.
The risk of a significant impact on our operating income from foreign currency fluctuations will further diminish as revenue from sales to customers in the United States increases and represents a greater proportion of total revenues.
10 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.