13 unchanged sentences
A 10% decline in the foreign exchange rates (primarily against the U.S.
−Removed: dollar) relating to our foreign subsidiaries would result in an increase in stockholders’ deficit of approximately $9 million as of March 31, 2026.
+Added: dollar) relating to our foreign subsidiaries would result in an increase in stockholders’ deficit of approximately $10 million as of June 30, 2026.
Market and Interest Rate Risk
7 unchanged sentences
Our convertible senior notes have a fixed interest rate.
−Removed: Borrowings under the Credit Agreement bear interest at a variable rate based on a floating benchmark rate plus a margin, which exposes us to interest rate volatility which could increase our use of cash to pay interest.
+Added: Borrowings under the Credit Agreement bear interest at a variable rate based on a floating benchmark rate plus a margin, which exposes us to interest rate volatility that could increase our use of cash to pay interest.
We currently do not engage in any interest rate hedging activity, and we have no intention to do so in the foreseeable future.
−Removed: As of March 31, 2026, a hypothetical 10% change in interest rates would not have resulted in a material impact on our consolidated financial statements.
+Added: As of June 30, 2026, a hypothetical 10% change in interest rates would not have resulted in a material impact on our consolidated financial statements.
As such, we do not believe that we are exposed to any material interest rate risk as a result of our borrowing activities.
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.