4 unchanged sentences
Borrowings under the Notes have a fixed interest rate.
−Removed: As of December 31, 2024 and 2023, we had $361.0 million aggregate principal amount of borrowings outstanding under the Notes, respectively.
+Added: As of each of December 31, 2025 and 2024, we had $361.0 million aggregate principal amount of borrowings outstanding under the Notes.
Additionally, we are exposed to interest rate risk relating to our investment portfolio.
13 unchanged sentences
To mitigate this risk, we may enter into forward contracts or secure foreign currency exchange rates for certain durations with financial institutions.
−Removed: As such, the impact of foreign currency exchange rate fluctuations to our operating results have been immaterial to date.
+Added: As such, the impact of foreign currency exchange rate fluctuations to our operating results has been immaterial to date.
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.