3 unchanged sentences
Interest Rate Risk
−Removed: As of March 31, 2021 and during the three months then ended, the Company had no outstanding debt.
+Added: As of June 30, 2021 and during the three 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 March 31, 2021.
+Added: We are also exposed to market risk with respect to our cash and investment balances, which approximated $55.1 million at June 30, 2021.
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 $9,000.
1 unchanged sentence
We have foreign currency risks related to our revenue and operating expenses denominated in currencies other than the US dollar, including Canadian dollar, New Zealand dollar, and Australian dollar.
−Removed: Increases and decreases in our foreign-
−Removed: denominated revenue from movements in foreign exchange rates are often partially offset by the corresponding decreases or increases in our foreign-denominated operating expenses.
+Added: Increases or decreases in our foreign-denominated revenue from movements in foreign exchange rates are often partially offset by the corresponding increases or decreases in our foreign-denominated operating expenses.
To the extent that our international operations grow, our risks associated with fluctuation in currency rates will become greater, and we will continue to assess our approach to managing this risk.
12 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.