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APD, risk-factor evolution

Item 1A (Risk Factors) year-over-year changes. Pre-computed at ingest time: paragraph adds/removes plus term-frequency cosine similarity between consecutive years.

📞 Earnings calls for APD on Subtext ↗

Section length over time

0172934575186691520182019202020212022202320242025
  • Carried over
  • Newly added

Item 1A word count by fiscal year, split into text carried over from the prior year vs. newly added (from year-over-year diffs).

Year-over-year transitions

YearsSimilarityAddedRemovedSection length
20152018
0.91
+4485-41764485 wordsDiff →
20182019
1.00
+4621-44854621 wordsDiff →
20192021
0.99
+4863-46214863 wordsDiff →
20212022
1.00
+1540-12005203 wordsDiff →
20222023
1.00
+2248-19265525 wordsDiff →
20232024
1.00
+2854-21856194 wordsDiff →
20242025
1.00
+3308-32166286 wordsDiff →