14 unchanged sentences
As of December 31, 2022 , we had not hedged our interest rate risk.
−Removed: With respect to our interest expense for the three months ended December 31, 2021 , an increase of 1.0% in each of our interest rates would have resulted in an increase of $0.5 million in our interest expense for such period.
+Added: With respect to our interest expense for the year ended December 31, 2022 , an increase of 1.0% in each of our interest rates would have resulted in an increase of $0.6 million in our interest expense for such period.
Foreign Exchange Rates
11 unchanged sentences
Therefore, exchange gain (loss) arising from re-measurement of intercompany loans were recorded in the Cumulative Translation Adjustment accounts.
−Removed: During the year ended December 31, 2021 , we recognized less than $0.5 million of exchange gains arising from foreign currency transactions and re-measurement of monetary assets and liabilities dominated in non-functional currency on the balance sheet date.
+Added: During the year ended December 31, 2022 , we recognized approximately $1.5 million of exchange loss arising from foreign currency transactions and re-measurement of monetary assets and liabilities dominated in non-functional currency on the balance sheet date.
During the year ended December 31, 2022 , 4.7% of our revenue was denominated in RMB and none of our revenue was denominated in NT dollars.
2 unchanged sentences
If exchange rates of RMB and NT dollars for U.S.
−Removed: dollars were 1% higher during the year ended December 31, 2021 , our operating expenses would have had been higher by $0.5 million.
+Added: dollars were 1% higher during the year ended December 31, 2022 , our operating expenses would have had been higher by $0.4 million.
As of December 31, 2022 , we held the U.S.
−Removed: dollar denominated liabilities net of assets of approximately $5.7 million in our China subsidiary and $13.4 million in our Taiwan branch.
+Added: dollar denominated liabilities net of assets of approximately $24.6 million in our China subsidiary and $26.7 million in our Taiwan branch.
With respect to these U.S.
dollar denominated net assets as of December 31, 2022 , if exchange rates of RMB and NT dollars for U.S.
−Removed: dollars were 1% higher during the year ended December 31, 2021 , our other operating expenses would have been reduced by $0.2 million.
+Added: dollars were 1% higher during the year ended December 31, 2022 , our other operating expenses would have been reduced by $0.4 million.
Any significant revaluation of the RMB and NT dollars may materially and adversely affect the cash flows, revenues, and net income (loss) as reported in U.S.
2 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.