5 unchanged sentences
Our consolidated results of operations and cash flows are subject to fluctuations due to changes in foreign currency exchange rates.
−Removed: Historically, our revenue contracts have been denominated in U.S.
−Removed: Our expenses are generally denominated in the currencies where our operations are located.
+Added: Substantially all of our sales contracts are denominated in U.S.
+Added: Our expenses are generally denominated in the currencies of the countries where our operations are located.
To date, we have not entered into any hedging arrangements with respect to foreign currency risk or other derivative instruments.
5 unchanged sentences
dollar against other currencies would result in an increase in our operating loss of approximately $58.5 million, $60.8 million and $70.4 million for fiscal 2022, 2023 and 2024, respectively.
−Removed: The increase in this hypothetical change in fiscal 2023 is due to an increase in our expenses denominated in foreign currencies due to the continued growth of our business internationally.
+Added: The increase in this hypothetical change in fiscal 2024 is due to an increase in our expenses denominated in foreign currencies.
This analysis disregards the possibilities that rates can move in opposite directions and that losses from one geographic area may be offset by gains from another geographic area.
6 unchanged sentences
Due to the short-term nature of our investment portfolio, we do not believe an immediate 10% increase or decrease in interest rates would have a material effect on the fair market value of our portfolio.
−Removed: Therefore, we do not expect our operating results or cash flows to be materially affected by a sudden change in interest rates.
+Added: Therefore, we do not expect our operating results or cash flows to be materially affected by any sudden change in interest rates.
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.