What changed in this filing

/stocks — the workspaceLOADING

Item 1B. Unresolved Staff Comments

2026-03-12 compared with 2025-03-18 · 32 added, 33 removed, 13 unchanged (83% of the section changed)

1 unchanged sentence

are no unresolved staff comments at December 31, 2025.

– Cybersecurity

1C – CYBERSECURITY

Cybersecurity

Risk Management

We face several cybersecurity risks in connection with our business.

Our business strategy,

results of operations, and financial condition have not, to date, been affected by risks from cybersecurity threats.

reporting period, we have not experienced any material cyber incidents, nor have we experienced a series of immaterial incidents,

which would require disclosure.

the ordinary course of our business, we use, store and process data including data of our employees, partners, collaborators,

To effectively prevent, detect, and respond to cybersecurity threats, we maintain a cyber risk management program,

which is comprised of a wide array of policies, standards, architecture, and processes.

The cyber risk management program falls

under the responsibility of our Director of Information Technology (“IT”), who has cross-functional expertise

in IT, computer science, cyber security, and more than 20 years of experience.

The IT Director leads a team of IT specialists

with similar IT and cybersecurity backgrounds.

Under the guidance of our IT Head, we develop, maintain, and evidence the policies,

standards, and processes in a manner consistent with applicable legal requirements.

We also utilize a variety of cybersecurity

software from reputable vendors in cybersecurity.

face several cybersecurity risks in connection with our business.

Our business strategy, results of operations, and financial

condition have not, to date, been affected by risks from cybersecurity threats.

During the reporting period, we have not experienced

any material cyber incidents, nor have we experienced a series of immaterial incidents, which would require disclosure.

In the ordinary course of our business, we use, store and process data

including data of our employees, partners, collaborators, and vendors.

To effectively prevent, detect, and respond to cybersecurity threats,

we maintain a cyber risk management program, which is comprised of a wide array of policies, standards, architecture, and processes.

cyber risk management program falls under the responsibility of the head of our Information Technology (“IT”), who has cross-functional

expertise in IT, computer science, cyber security, and more than 20 years of experience.

The IT head leads a team of IT specialists with

similar IT and cybersecurity backgrounds.

Under the guidance of the IT head, we develop, maintain, and evidence the policies, standards,

and processes in a manner consistent with applicable legal requirements.

We also utilize a variety of cybersecurity software from reputable

vendors in cybersecurity.

have implemented a cybersecurity risk management program that is designed to identify, assess, and mitigate risks from cybersecurity

threats to this data and our systems and ensure the effectiveness of our security controls.

Our cybersecurity risk management

program is intended to address applicable NIST 800-171 & CMMC requirements for our business.

Our cybersecurity risk management

program incorporates several components, including information security program assessments, continuous monitoring of critical

risks from cybersecurity threats using automated tools, backup testing, periodic threat testing, and documented standards, policies,

cybersecurity risk management program is intended to address applicable NIST 800-171 & CMMC requirements for our business.

Our cybersecurity

risk management program incorporates several components, including information security program assessments, continuous monitoring of

critical risks from cybersecurity threats using automated tools, backup testing, periodic threat testing, and documented standards, policies,

and procedures.

We deploy a wide range of security tools across the environment, and implement access control policies to further

limit access to data within the systems.

We deploy a wide range of security tools across the environment, and implement access control policies to further limit

access to data within the systems.

periodically engage third parties to conduct risk assessments, including penetration testing, tabletops and other system vulnerability

4 unchanged sentences

Board of Directors ("Board") is responsible for the oversight of cybersecurity risk management.

The Board delegates

oversight of the cybersecurity risk management program to the Information Security Oversight Committee (“ISOC").

Chief Financial Officer (“CFO”), who serves on ISOC, provides updates to the Audit Committee on our cybersecurity

risk management program, including any critical cybersecurity risks, ongoing cybersecurity initiatives and strategies, and applicable

regulatory requirements and industry standards on a quarterly basis.

The CFO also notifies the Board and Audit Committee of any

cybersecurity incidents (suspected or actual) and provides updates on the incidents as well as cybersecurity risk mitigation activities

as appropriate.

The Board delegates oversight

of the cybersecurity risk management program to the Information Security Oversight Audit Committee ("ISOC").

The Chief Financial

Officer ("CFO"), who serves on ISOC, provides updates to the Audit Committee on our cybersecurity risk management program,

including any critical cybersecurity risks, ongoing cybersecurity initiatives and strategies, and applicable regulatory requirements

and industry standards on a quarterly basis.

The CFO also notifies the Board and Audit Committee of any cybersecurity incidents (suspected

or actual) and provides updates on the incidents as well as cybersecurity risk mitigation activities as appropriate.

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.

What changed 10-K

Item 1B. Unresolved Staff Comments