9 unchanged sentences
The functional currency of each of our foreign subsidiaries is the U.S.
−Removed: dollar, except for AMSC Austria, for which the local currency (Euro) is the functional currency.
−Removed: The assets and liabilities of AMSC Austria are translated into U.S.
+Added: dollar, except for AMSC Austria (Euro), AMSC Brazil and Comtrafo (Real), for which the local currencies are the functional currency.
+Added: The assets and liabilities of AMSC Austria, AMSC Brazil and Comtrafo are translated into U.S.
dollars at the exchange rate in effect at the balance sheet date and income and expense items are translated at average rates for the period.
6 unchanged sentences
dollar, and our revenues and earnings could be materially impacted by movements in foreign currency exchange rates upon the translation of the earnings of such subsidiaries into the U.S.
−Removed: If the functional currency for AMSC Austria were to fluctuate by 10% the net effect would be immaterial to our consolidated financial statements.
−Removed: Foreign currency gains (losses) are included in net income and were a gain of $0.3 million for both the three and six months ended September 30, 2025, and loss of $0.3 million and $0.5 million for the three and six months ended September 30, 2024, respectively.
+Added: If the functional currency for AMSC Austria, AMSC Brazil, or Comtrafo were to fluctuate by 10% the net effect would be immaterial to our consolidated financial statements.
+Added: Foreign currency gains (losses) are included in net income and were no gain or loss and a loss of $0.3 million for the three and nine months ended December 31, 2025, respectively, and a loss of $0.2 million and $0.7 million for the three and nine months ended December 31, 2024, respectively.
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.