9 unchanged sentences
As a result, we are exposed to movements in the exchange rates of various currencies against the U.S.
−Removed: Our Biopharmaceutical Development division is particularly susceptible to currency exposures since it incurs a substantial portion of its expenses in Swedish Krona, while most revenue contracts are in U.S.
+Added: Our Biopharmaceutical Development division is particularly susceptible to currency exposures since it incurs a substantial portion of its expenses in Swedish Krona, while most of its revenue contracts are in U.S.
dollars and euros.
2 unchanged sentences
The effect of a change in currency exchange rates on our international subsidiaries' assets and liabilities is reflected in the accumulated other comprehensive income component of stockholders’ equity.
−Removed: A hypothetical 10 percent increase in currency exchange rates compared to the U.S.
−Removed: dollar strengthening) would have resulted in an estimated $410 after tax decrease in net loss over a one-year period, excluding the impact of non-recurring impairment losses recorded in the euro, Swedish krona, and Chinese yuan in fiscal year 2024.
−Removed: Actual changes in market prices or rates may differ from hypothetical changes.
+Added: A hypothetical 10 percent change in currency exchange rates compared to the U.S.
+Added: dollar strengthening) would have resulted in an approximate estimated $2,000 increase in net loss over a one-year period.
+Added: Actual changes in market prices or rates will likely differ from hypothetical changes.
Interest Rates
Our Credit Facility bears interest at either a base rate or a SOFR rate, plus an applicable spread.
−Removed: Based on our interest rate and balances outstanding as of March 31, 2024, we estimate that if interest rates increased 1 percentage point, we would incur approximately $505 of additional interest expense per year.
−Removed: Our risk with respect to interest rates has increased subsequent to the end of fiscal year 2024 due to our additional borrowings under the Credit Facility's term loan of $75,000 as of April 5, 2024, with an interest rate of 8.4% as of the date of the borrowing.
+Added: Based on our interest rates and balances outstanding as of the date of this filing, adjusted for future required principal payments and expected new borrowings under our Credit Facility to repay our Notes, we estimate that if interest rates increased 1 percentage point, we would incur approximately $1,500 of additional cash interest expense per year than we would if current rates remain unchanged.
Inflation Risk
5 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.