What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2026-02-25 compared with 2025-03-17 · 1 added, 2 removed, 24 unchanged (11% of the section changed)

20 unchanged sentences

Our foreign currency exposure is primarily concentrated in the Euro.

A 10% strengthening of the U.S.

dollar exchange rate against all currencies with which we have exposure, after taking into account offsetting positions at December 31, 2024 would have resulted in a $1.8 million decrease in the carrying amounts of those net assets.

While we are exposed to market risks related to changes in foreign currency exchange rates, we do not believe a hypothetical 10% change in exchange rates would have a material impact on our financial position or results of operations.

Actual gains and losses in the future may differ materially from these hypothetical gains and losses based on changes in the timing and amount of foreign currency exchange rate movements and our actual exposure.

2 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.