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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2022-03-02 compared with 2021-02-26 · 2 added, 1 removed, 26 unchanged (10% of the section changed)
21 unchanged sentences
In the third fiscal quarter of 2018, we established a hedge program to hedge foreign currency exchange risks and currently do not expect to enter into foreign currency exchange contracts for trading or speculative purposes.
+Added: See Note 2, Summary of Significant Accounting Policies for more information regarding the hedge program.
As of December 31, 2021, we had net assets in various local currencies.
−Removed: A hypothetical 10% movement in foreign exchange rates would have an immaterial impact on our net income (loss) for the period.
+Added: A hypothetical 10% movement in foreign exchange rates would have an immaterial impact on our net loss for the period.
Actual future gains and losses associated with our foreign currency exposures and positions may differ materially from the sensitivity analysis performed as of December 31, 2021 due to the inherent limitations associated with predicting foreign currency exchange rates and our actual exposures and positions.
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.