1 unchanged sentence
Foreign Currency Exchange Risks
−Removed: Our Israeli operations have currency rate fluctuation risk associated with the exchange rate movement of the U.S.
−Removed: dollar against the NIS.
−Removed: For the year ended December 31, 2023, the U.S.
−Removed: dollar appreciated on average by approximately 9.8% against the NIS as compared to December 31, 2022.
−Removed: For the year ended December 31, 2023, expenses generated by our Israeli operations totaled approximately $33.4 million .
−Removed: Based on our exposure to NIS exchange rate fluctuation against a dollar as of December 31, 2023, a 1% increase or decrease in the value of the NIS would increase or decrease our income before income taxes by approximately $0.3 million.
We actively monitor the movement of the U.S.
4 unchanged sentences
We regularly assess these risks and have established policies and business practices to protect against the adverse effects of collection risks.
−Removed: During 2023, we
−Removed: increased our allowance for credit losses from approximately $9.2 million to approximately $9.3 million.
−Removed: During 2022, we increased our allowance for credit losses from approximately $6.3 million to approximately $9.2 million.
−Removed: A large proportion of receivables are due from larger corporate customers that typically have longer payment cycles.
+Added: During 2024, we decreased our allowance for credit losses from $9.3 million to $8.6 million.
+Added: During 2023, we increased our allowance for credit losses from $9.2 million to $9.3 million.
+Added: A large proportion of our receivables are due from larger corporate customers that typically have longer payment cycles.
We base our allowance for credit losses on specifically identified credit risks of customers, historical trends and other information that we believe to be reasonable.
14 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.