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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2023-05-18 compared with 2022-05-19 · 1 added, 2 removed, 19 unchanged (14% of the section changed)
10 unchanged sentences
We are exposed to foreign exchange rate risk.
−Removed: During the years ended March 31, 2022 and 2021, we recognized net foreign currency transaction losses of $1.1 million and $0.7
−Removed: million, respectively.
+Added: During the years ended March 31, 2023 and 2022, we recognized a net foreign currency transaction losses of $5.7 million and $1.1 million, respectively.
These losses are primarily related to unrealized and realized foreign currency gains and losses as a result of transactions entered into by our United Kingdom subsidiary in currencies other than the British pound, primarily the euro.
7 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.