2 unchanged sentences
Our exposure to interest rate risk relates to the interest income generated by cash, cash equivalents, and interest expense on the Credit Facility.
−Removed: The primary objective of our investment policy is to preserve principal while maximizing
−Removed: income without significantly increasing risk.
+Added: The primary objective of our investment policy is to preserve principal while maximizing income without significantly increasing risk.
We do not believe that an increase or decrease in interest rates of 100 basis points would have a material effect on our operating results or financial condition.
2 unchanged sentences
Foreign Currency Exchange Rate Risk
−Removed: Most of our revenue is generated within the United States and we have minimal foreign currency risk related to our revenue.
−Removed: In addition, most of our operating expenses are denominated in the U.S.
−Removed: dollar, resulting in minimal foreign currency risks.
−Removed: In the future, if our international revenue increases or more of our expenses are denominated in currencies other than the U.S.
−Removed: dollar, our exposure to foreign currency risk will likely be more significant.
−Removed: For any of the periods presented, we did not enter into any foreign exchange contracts.
−Removed: However, in the future, we may enter into derivatives or other financial instruments in an attempt to hedge our foreign currency exchange risk.
+Added: Most of our revenue is generated within the United States and as such we have minimal foreign currency risk related to our revenue.
+Added: Our foreign currency risk primarily relates to operating expenses, cash balances and lease liabilities denominated in currencies other than U.S.
+Added: dollars, primarily British pounds and Euros.
+Added: Our results of current and future operations and cash flows are, therefore, subject to fluctuations due to changes in foreign currency exchange rates.
+Added: We have experienced and will continue to experience fluctuations in our net income as a result of transaction gains or losses related to revaluing monetary asset and liability balances that are denominated in currencies other than the functional currency of the entities in which they are recorded.
+Added: We have not entered into any derivatives or other financial instruments in an attempt to hedge our foreign currency exchange risk, but we may do so in the future.
+Added: Table o f Contents
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.