3 unchanged sentences
Interest Rate Risk
−Removed: As of June 30, 2023, and during the three and six months then ended, the Company had no outstanding debt.
+Added: As of September 30, 2023, and during the three and nine months then ended, the Company had no outstanding debt.
We may become subject to interest rate market risk associated with any future borrowings under our revolving credit facility.
The interest rate under the revolving credit facility varies depending on the interest rate option selected by the Company plus a margin determined in accordance with a pricing grid.
−Removed: We are also exposed to market risk with respect to our cash and investment balances, which approximated $56.0 million at June 30, 2023.
+Added: We are also exposed to market risk with respect to our cash and investment balances, which approximated $71.8 million at September 30, 2023.
Assuming a hypothetical 10% decrease in interest rates for invested balances, interest income from cash and investments would decrease on an annualized basis by approximately $0.3 million.
16 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.