What changed 10-Q

Item 3. Quantitative and Qualitative Disclosures About Market Risk

2023-05-10 compared with 2022-11-02 · 2 added, 2 removed, 4 unchanged (50% of the section changed)

1 unchanged sentence

Foreign Currency Exchange Risk

All of our sales and the majority of our expenses are denominated in U.S.

Since we operate in the People’s Republic of China, a percentage of our operational expenses are denominated in Chinese Renminbi (“RMB”) and exchange volatility could positively or negatively impact those operating costs.

The majority of our sales and our expenses are denominated in U.S.

Since we operate in the People’s Republic of China (“PRC”), a percentage of our operational expenses are denominated in Chinese Renminbi (“RMB”) and exchange volatility could positively or negatively impact those operating costs.

Additionally, we may hold certain assets and liabilities in local currency on our consolidated balance sheet.

1 unchanged sentence

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.