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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2020-09-25 compared with 2019-09-16 · 2 added, 2 removed, 15 unchanged (21% of the section changed)
11 unchanged sentences
Interest Rate Risk
−Removed: The Company’s investment policy for its cash and cash equivalents is focused on the preservation of capital and supporting the liquidity requirements of the Company.
+Added: The Company’s investment policy for its cash and cash equivalents is focused on the preservat ion of capital and supporting the liquidity requirements of the Company.
The Company’s interest earned on its cash balances is impacted on the fluctuations of U.S.
interest rates.
−Removed: We do not use interest rate derivative instruments to manage exposure to interest rate changes.
+Added: We do not use interest rate derivative instruments to manage exposure to int erest rate changes.
We do not believe that interest rate fluctuations will have any material effect on our operations.
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.