2 unchanged sentences
Our market risk exposure is primarily the result of inflation and foreign exchange rates.
−Removed: The uncertainty that exists with respect to the economic impact of the Macroeconomic Conditions continues to create significant volatility in the financial markets subsequent to the quarter ended September 30, 2022.
+Added: The uncertainty that exists with respect to the economic impact of the Macroeconomic Conditions continues to create significant volatility in the financial markets subsequent to the quarter ended March 31, 2023.
On January 20, 2021, we issued the 2026 Notes.
−Removed: During 2021 we carried these instruments at face value less unamortized discount and unamortized issuance costs on our condensed consolidated balance sheets.
−Removed: Subsequent to the adoption of ASU 2020-06 on January 1, 2022, we carry these instruments at face value less unamortized issuance costs.
+Added: We carry these instruments at face value less unamortized issuance costs.
However, the fair value of the 2026 Notes fluctuates when the market price of our common stock fluctuates.
1 unchanged sentence
We do not believe that inflation has had a material effect on our business, financial condition or results of operations.
−Removed: While we have experienced inflationary pressures on our inventory component and freight costs, we have implemented price increases on some of our products in 2022 to cover some of these increases in costs.
+Added: While we have experienced inflationary pressures on our inventory component and freight costs, we implemented price increases on some of our products in 2022 to cover some of these increases in costs.
If our costs become subject to significant inflationary pressures, we may not be able to fully offset such higher costs through price increases.
2 unchanged sentences
Because substantially all of our revenue and operating expenses are denominated in U.S.
−Removed: dollars, we do not believe that our exposure to foreign currency exchange risk is material to our business, financial condition or results of operations.
+Added: dollars, we do not believe our exposure to foreign currency exchange risk is material to our business, financial condition or results of operations.
If a significant portion of our revenue and operating expenses becomes denominated in currencies other than U.S.
1 unchanged sentence
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.