2 unchanged sentences
We do not have any material foreign currency exchange rate risk or commodity price risk.
−Removed: As of March 31, 2020 and during the three months then ended, the Company had no outstanding debt.
+Added: As of June 30, 2020 and during the six 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 $142.0 million at March 31, 2020.
−Removed: 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 $228,000.
+Added: We are also exposed to market risk with respect to our cash and investment balances, which approximated $144.5 million at June 30, 2020.
+Added: Assuming a hypothetical 10% decrease in interest rates for invested balances, interest income from cash and investments would decrease on an annualized basis by $110,000.
The Company’s investment policy and strategy is focused on investing in highly rated securities, with the objective of minimizing the potential risk of principal loss.
3 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.