1 unchanged sentence
Interest Rate Fluctuation Risk
−Removed: Our exposure to interest rate risk relates to the interest income generated by cash and cash equivalents.
−Removed: The primary objective of our investment policy is to preserve principal while maximizing income without significantly
−Removed: increasing risk.
+Added: Our exposure to interest rate risk relates to the interest income generated by cash, cash equivalents and short-term investments.
+Added: The primary objective of our investment policy is to preserve principal while maximizing income without significantly increasing risk.
We believe that an increase or decrease in interest rates of 100 basis points on our cash and cash equivalents balance would increase or decrease our interest income by approximately $15.8 million.
4 unchanged sentences
Our results of current and future operations and cash flows are, therefore, subject to fluctuations due to changes in foreign currency exchange rates.
−Removed: 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 experienced and will continue to experience fluctuations in our net income (loss) 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.
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.
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.