13 unchanged sentences
As of December 31, 2024 , we had not hedged our interest rate risk.
−Removed: During a portion of the year ending ending December 31, 2023, we did have certain loans that bore floating interest rates.
−Removed: With respect to our interest expense for the year ended December 31, 2023 an increase of 1.0% in each of our interest rates would have resulted in an increase of $0.2 million in our interest expense for such period.
Foreign Exchange Rates
15 unchanged sentences
If exchange rates of RMB and NT dollars for U.S.
−Removed: dollars were 1% higher during the year ended December 31, 2023 , our operating expenses would have had been higher by $0.4 million.
+Added: dollars were 1% higher during the year ended December 31, 2024 , our operating expenses would have had been lower by $0.5 million.
As of December 31, 2024 , we held the U.S.
−Removed: dollar denominated liabilities net of assets of approximately $11.4 million in our China subsidiary and $16.2 million in our Taiwan branch.
+Added: dollar denominated assets net of liabilities of approximately $12.8 million in our China subsidiary and liabilities net of assets of $27.7 million in our Taiwan branch.
With respect to these U.S.
dollar denominated net assets as of December 31, 2024 , if exchange rates of RMB and NT dollars for U.S.
−Removed: dollars were 1% higher during the year ended December 31, 2023 , our other operating expenses would have been reduced by $48K.
+Added: dollars were 1% higher during the year ended December 31, 2024 , our other operating expenses would have been reduced by $0.1 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.
5 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.