12 unchanged sentences
Fluctuations in the foreign exchange rate of the U.S.
−Removed: dollar against the Australian dollar resulted in an immaterial gain in foreign currency translation in the fiscal year ended June 30, 2024.
−Removed: We had an immaterial gain in foreign currency translation for fiscal year 2023 and a loss of $0.1 million in foreign currency translation for fiscal year 2022.
+Added: dollar against the Australian dollar resulted in an immaterial loss in foreign currency translation in the fiscal year ended June 30, 2025.
+Added: Fluctuations in the foreign exchange rate of the U.S.
+Added: dollar against the Australian dollar resulted in an immaterial gain in foreign currency translation in the fiscal year ended June 30, 2024 and June 30, 2023.
We are also subject to risks relating to changes in the general economic conditions in the countries where we conduct business.
4 unchanged sentences
Revenues and expenses of our foreign subsidiary are translated at the average foreign exchange rate in effect for each month of the year.
−Removed: Certain assets and liabilities related to intercompany positions reported on our consolidated balance sheets that are denominated in a currency other than the functional currency are translated at the foreign exchange rates at the balance sheet date and the associated gains and losses are included in net (loss) income.
+Added: Certain assets and liabilities related to intercompany positions reported on our consolidated balance sheets that are denominated in a currency other than the functional currency are translated at the foreign exchange rates at the balance sheet date and the associated gains and losses are included in net income (loss).
Interest Rate Risk
We are subject to interest rate risk in connection with borrowings under our revolving credit facility, which bear interest at variable rates.
−Removed: At June 30, 2024, we had no outstanding debt under our revolving credit facility.
+Added: At June 30, 2025, we had $18.0 million outstanding debt under our revolving credit facility.
As of June 30, 2025, the undrawn borrowing amount under our revolving credit facility was $330.3 million
−Removed: At August 26, 2024, the interest rate on our revolving credit facility was 8.75% under the terms of the Credit Agreement.
−Removed: Based on a sensitivity analysis at August 26, 2024, a 100 basis point increase in interest rates would increase our annual interest expense by approximately $0.3 million.
−Removed: If interest rates continue to increase, as they did throughout fiscal year 2024, we will be obligated to make higher interest payments to our lenders.
+Added: At June 30, 2025, the interest rate on our revolving credit facility was 7.75% under the terms of the Credit Agreement.
+Added: Based on a sensitivity analysis at June 30, 2025, a 100 basis point increase in interest rates would increase our annual interest expense by approximately $0.2 million.
+Added: If interest rates increase, we will be obligated to make higher interest payments to our lenders.
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.