4 unchanged sentences
Interest rate risk
−Removed: As of September 30, 2021, we had total outstanding debt of $74.1 million in principal amount under the Term Loan Facility, $2.4 million under the convertible term loan, and no outstanding debt under the Revolving Credit Facility (each as defined in Note 8, “Long Term Debt” to the Condensed Consolidated Financial Statements).
+Added: As of December 31, 2021, we had total outstanding debt of $73.1 million in principal amount under the Term Loan Facility, $2.4 million under the convertible term loan, and no outstanding debt under the Revolving Credit Facility (each as defined in Note 8, “Long Term Debt” to our condensed consolidated financial statements).
As of June 30, 2021, we had total outstanding debt of $75.0 million in principal amount under the Term Loan Facility and $2.4 million under the Convertible Term Loan.
−Removed: As of September 30, 2021, the interest rate on the Term Loan Facility was 1.84%
−Removed: Additionally, we are required to pay the following fees pursuant to the terms of the 2021 Credit Agreement:
−Removed: (a) a commitment fee on the average daily unused portion of the revolving credit commitments of 0.25% effective March 8, 2021 and 0.5% per annum prior to that date;
−Removed: (b) a customary administrative agent fee to the first lien administrative agent;
−Removed: (c) a participation fee on the daily amount of letter of credit exposure of each letter of credit issued by each issuing bank at a rate equal to 5.0% with respect to the term loan borrowings under the 2021 Credit Agreement;
−Removed: (d) a fronting fee which shall accrue at 0.125% on the actual daily amounts of the exposure determined in the prior subsection (c).
−Removed: We had cash and cash equivalents of $215.5 million and $201.5 million as of September 30, 2021 and June 30, 2021, respectively, which are deposited with high credit quality financial institutions and are primarily in demand deposit accounts.
+Added: As of December 31, 2021, the interest rate on the Term Loan Facility was 1.84%
+Added: We had cash and cash equivalents of $216.3 million and $201.5 million as of December 31, 2021 and June 30, 2021, respectively, which are deposited with high credit quality financial institutions and are primarily in demand deposit accounts.
Our cash and cash equivalents and interest payments in respect of our debt are subject to market risk due to changes in interest rates.
4 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.