12 unchanged sentences
The fair market value of our fixed rate securities may be adversely impacted by increases in interest rates.
−Removed: For example, in 2024 we maintained our portfolio of fixed income investments with short-term maturities to reduce risk and impact from rate changes.
−Removed: A hypothetical 100 basis-point (one percentage point) increase in interest rates compared to rates at December 31, 2024 and December 31, 2023 would have adversely affected the fair value of our investment portfolio by approximately $0.2 million and $0.1 million, respectively.
+Added: For example, we maintain our portfolio of fixed income investments with short-term maturities to reduce risk and impact from rate changes.
+Added: A hypothetical 100 basis-point (one percentage point) increase in interest rates compared to rates at December 31, 2025 and December 31, 2024 would have adversely affected the fair value of our investment portfolio by approximately $0.2 million in both periods.
Foreign Currency Exchange Risk
4 unchanged sentences
dollars, although we sell our products and services in local currency outside of the United States, principally the euro, Great British pound and Japanese yen.
−Removed: For the years ended December 31, 2024 and 2023, approximately 27% and 23%, respectively, of our sales were denominated in currencies other than U.S.
+Added: For both the years ended December 31, 2025 and 2024, approximately 27% of our sales were denominated in currencies other than U.S.
Our expenses are generally denominated in the currencies in which our operations are located, which is primarily in the United States.
2 unchanged sentences
dollar increases relative to foreign currencies, we will incur losses on the remeasurement on customer receivables which are denominated in foreign currencies.
−Removed: In addition, for our price lists
−Removed: denominated in foreign currencies, if the value of the U.S.
+Added: In addition, for our price lists denominated in foreign currencies, if the value of the U.S.
dollar increases relative to the foreign currencies, the value of the revenue transactions when translated or remeasured to our U.S.
8 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.