Quantitative and Qualitative Disclosures About Market Risk.
−Removed: of March 31, 2022, our exposure to market risk was primarily from our At The Market Facility.
+Added: of June 30, 2022, our exposure to market risk was primarily from our At The Market Facility.
During the quarter the price at which we
1 unchanged sentence
We would have risk on our
−Removed: commercial credit facility had we drawn down upon it as the interest rate changes at the greater of 6% and the prime rate plus 2.75%.
+Added: commercial credit facility had we drawn down upon it as the interest rate changes at the greater of 6% or the prime rate plus 2.75%.
We have no other floating debt obligations.
−Removed: As we have drawn down upon this facility in the second quarter of 2022, we will have some
−Removed: quantitative data in the Quarterly Report on Form 10-Q for the second quarter of this year.
Our interest rate exposure will be primarily
due to differences between our floating rate debt obligations compared to our floating rate short-term investments.
+Added: Our ability to borrow under our Revolving Line of Credit is based upon a floating formula regarding the value of
+Added: collateral which is our owned bitcoin, thus decreases in the market price for bitcoin limit our ability to borrow under the facility.
have been no other material changes in our primary risk exposures or management of market risks as of this quarter.
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.