9 unchanged sentences
Increases in these variable interest rates will increase our future interest expense and decrease our results of operations and cash flows.
−Removed: No amounts were drawn under the Credit Facility as of December 31, 2020.
+Added: Our right to take draws on the long term debt expired on December 31, 2021 and no amounts were drawn under the Credit Facility as of December 31, 2021.
Our exposure to interest rates risk relates to our 2017 Credit Facility with variable interest rates, where an increase in interest rates may result in higher borrowing costs.
6 unchanged sentences
These non-functional currency denominated monetary assets are subject to re-measurement which may create fluctuations in other expense, net, a component in our consolidated statement of operations and in the fair value of the assets in the consolidated balance sheets.
−Removed: As of December 31, 2020, the effect of a hypothetical 10% unfavorable change in exchange rates on currencies denominated in other than their functional currency would result in a potential loss in future earnings in our consolidated statement of operations and a reduction in the fair value of the assets of approximately $0.1 million.
+Added: As of December 31, 2021, the effect of a hypothetical 10% unfavorable change in exchange rates on currencies denominated in other than their functional currency would result in a potential loss in future earnings in our consolidated statement of operations and a reduction in the fair value of the assets of approximately $46 thousand.
We did not engage in hedging transactions in 2021, 2020 and 2019.
−Removed: Investment in Non-Marketable Debt and Equity Securities
−Removed: We own investments in non-marketable available-for-sale debt security and non-marketable equity securities without readily determinable fair values.
−Removed: To analyze the fair value measurement of these debt securities, we perform a qualitative analysis using significant unobservable inputs.
−Removed: Significant changes to the unobservable inputs may result in a significantly higher or lower fair value estimate.
+Added: Investment in Non-Marketable Equity Securities
+Added: We own investments in non-marketable equity securities without readily determinable fair values.
We may value these equity securities based on significant recent arms-length equity transactions with sophisticated non-strategic unrelated investors, providing the terms of these security transactions are substantially similar to the security transactions terms between the investors and us.
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.