5 unchanged sentences
Although substantially all of our revenues are denominated in U.S.
−Removed: dollars, a substantial portion of our expenses were incurred and paid in the Philippine peso, Indian rupee, Mexican peso, and the Colombian peso in the year ended December 31, 2024.
+Added: dollars, a substantial portion of our expenses were incurred and paid in the Philippine peso, Indian rupee, Mexican peso, Colombian peso and euro in the year ended December 31, 2025.
We also incur expenses in U.S.
dollars, and currencies of the other countries in which we have operations.
−Removed: The exchange rates among the Philippine peso, Indian rupee, Mexican peso, Colombian peso and the U.S.
+Added: The exchange rates among the Philippine peso, Indian rupee, Mexican peso, Colombian peso, euro and the U.S.
dollar have changed substantially in recent years and may fluctuate substantially in the future.
The following table presents a summary of foreign currency exchange rates and changes for the periods indicated:
−Removed: Philippine Peso Indian Rupee Mexican Peso Colombian Peso
+Added: Philippine Peso Indian Rupee Mexican Peso Colombian Peso Euro
Average exchange rate against the U.S.
6 unchanged sentences
dollar would have increased (decreased) our expenses incurred and paid in that foreign currency as follows:
−Removed: (in thousands) Philippine Peso Indian Rupee Mexican Peso Colombian Peso
+Added: (in thousands) Philippine Peso Indian Rupee Mexican Peso Colombian Peso Euro
10% appreciation $ 47,586 $ 13,934 $ 4,353 $ 10,745 $ 8,252
10 unchanged sentences
Based on the outstanding balances and interest rates under the 2022 Credit Facilities as of December 31, 2025, a hypothetical 10% increase or decrease in SOFR would cause an increase or decrease in interest expense of $0.9 million over the next 12 months.
−Removed: As of December 31, 2024, we had accounts receivable, net of allowance for credit losses, of $199.0 million, of which $60.1 million was owed by two of our clients.
−Removed: Collectively, these clients represented 30% of our gross accounts receivable as of December 31, 2024.
+Added: As of December 31, 2025, we had accounts receivable, net of allowance for credit losses, of $254.1 million, of which $47.2 million was owed by one of our clients.
+Added: Collectively, this client represented 19% of our gross accounts receivable as of December 31, 2025.
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.