9 unchanged sentences
dollars, thereby reducing the impact of fluctuations in foreign exchange rates on our results.
+Added: We are exposed to certain risks relating to our ongoing business operations, including market risks relating to fluctuations in foreign currency exchange rates.
Operating margins of certain foreign operations can fluctuate with changes in foreign exchange rates to the extent revenue is billed in U.S.
dollars and operating expenses are incurred in the local currency.
+Added: We have entered forward exchange contracts in order to mitigate risks associated with fluctuations in exchange rates on forecasted transactions denominated in foreign currencies and to minimize the impact of foreign currency fluctuations on our earnings and cash flows.
+Added: These contracts have month-to-month settlement dates.
During the years ended December 31, 2024 and 2023, approximately 6.2% and 5.8% of our revenue, respectively, were derived in local currencies from foreign operations with this inherent risk.
In addition, at December 31, 2024 and 2023, our operations outside the United States accounted for approximately 9.2% and 9.4% of our total assets, respectively, the majority of which was denominated in currencies other than the U.S.
−Removed: We currently do not use derivative financial instruments in managing our foreign currency exchange risk.
Financial Statements and Supplementary Data.
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.