5 unchanged sentences
in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021.
−Removed: There have been no significant changes from the risk factors previously disclosed in our Annual Report, except as follows:
+Added: There have been no significant changes from the risk factors previously disclosed in our Annual Report, except that the following risk factor discussion is hereby added to our "Risk Factors":
Our operating margins could decrease due to increased pricing pressure or other pressures, if we are unable to either achieve efficiencies in our operating expenses or grow revenues at a rate faster than expenses.
5 unchanged sentences
We have significant operations in foreign countries, including, but not limited to, countries in Europe, Latin America, Asia, the Middle East and Africa, that may require complex arrangements to deliver services on global contracts for our customers.
−Removed: As a result, we are subject to heightened risks inherent in conducting business internationally, including the following:
+Added: As a result, we are subject to heightened risks inherent in conducting business internationally, including, without limitation, the following:
conducting a single trial across multiple countries is complex, and issues in one country, such as a failure to comply with local regulations or restrictions, may affect the progress of the trial in the other countries, for example, by limiting the amount of data necessary for a trial to proceed, resulting in delays or potential cancellation of contracts, which in turn may result in loss of revenue;
10 unchanged sentences
natural disasters, pandemics or international conflict, including terrorist acts, could interrupt our services, endanger our personnel or cause project delays or loss of trial materials or results;
−Removed: Russian military action in Europe may impact foreign countries in which we may need to enroll patients in our clinical trials and could cause such clinical trials to be delayed or suspended.
+Added: Russian military action in Europe may impact foreign countries in which we may need to enroll patients in our clinical trials, could cause such clinical trials to be delayed or suspended and could impact operations in Russia and Belarus.
These risks and uncertainties could negatively impact our ability to, among other things, perform large, global projects for our customers.
2 unchanged sentences
In addition, we may be more susceptible to these risks as we enter and continue to target growth in emerging countries and regions, including Asia, Eastern Europe and Latin America, which may be subject to a relatively higher risk of political instability, economic volatility, crime, corruption and social and ethnic unrest, all of which are exacerbated in many cases by a lack of an independent and experienced judiciary and uncertainties in how local law is applied and enforced.
−Removed: The materialization of any such risks could have an adverse impact on our financial condition, results of operations, cash flows or reputation.
+Added: The materialization of any such risks could have an adverse impact on our financial condition, results of operations, cash flows and reputation.
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.