5 unchanged sentences
As of December 31, 2022 and 2021, a hypothetical increase in interest rates of 50 basis points across the entire yield curve on our holdings would have resulted in an immaterial decrease to the fair value of our holdings.
+Added: Foreign Currency Exchange Risk.
+Added: As a result of our foreign operations, we face exposure to movements in foreign currency exchange rates, primarily the Euro and Yen against the U.S.
+Added: Fluctuations in the global markets may have a positive or negative effect on our foreign exchange rate exposure.
+Added: The current exposures arise primarily from net product revenue, operating costs and expenses and balance sheet amounts.
+Added: Therefore, significant changes in foreign exchange rates of the countries outside the United States where our products are sold, where development expenses are incurred by us or our collaborators, or where we incur operating expenses can impact our operating results and financial condition.
+Added: As sales outside the United States continue to grow, and as we expand our international operations, we will continue to assess potential steps, including foreign currency hedging and other strategies, to mitigate our foreign exchange risk.
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.