2 unchanged sentences
Financial instruments that potentially subject us to significant concentrations of credit risk consist primarily of cash and cash equivalents.
−Removed: We invested our excess cash primarily in cash equivalents such as money market investments as of September 30, 2025.
+Added: We invested our excess cash primarily in cash equivalents such as money market investments as of March 31, 2026.
The primary objectives of our investment activities are to ensure liquidity and to preserve principal while at the same time maximizing the income we receive from our cash and cash equivalents without significantly increasing risk.
2 unchanged sentences
We also have interest rate exposure as a result of borrowings outstanding under the Athyrium Notes.
−Removed: As of September 30, 2025 the aggregate outstanding principal amounts of the Athyrium Notes was $33.3 million.
+Added: As of March 31, 2026 , the aggregate outstanding principal amount of the Athyrium Notes was $11.1 million.
The Athyrium Notes bear interest at a rate per annum equal to the sum of 8.00% plus the adjusted three-month term SOFR and the lesser of (a) the sum of (i) three-month term SOFR and (ii) 0.26161% (26.161 basis points) and (b) three and one-half of one percent (3.50%) per annum.
−Removed: If overall interest rates had increased by one hundred basis points during the quarter ended September 30, 2025 , our interest expense would have increased by $0.3 million.
+Added: If overall interest rates had increased by one hundred basis points during the quarter ended March 31, 2026 , our interest expense would have increased by $0.2 million.
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.