7 unchanged sentences
Since our results of operations are not dependent on investments, the risk associated with fluctuating interest rates is limited to our investment portfolio, and we believe that a 10% change in interest rates would not have a significant impact on our results of operations.
−Removed: As of September 30, 2023, our investments were in money market funds, certificates of deposits and auction rate securities.
+Added: As of December 31, 2023, our investments were in money market funds, certificates of deposits and auction rate securities.
We are exposed to changes in interest rates as a result of our borrowings under our term loans and revolving lines of credit.
−Removed: The interest rates for the term loans and the revolving lines of credit ranged from 1.2% to 7.5% at September 30, 2023 and 1.20% to 7.08% at June 30, 2023.
−Removed: Based on the outstanding principal indebtedness of $146.2 million under our credit facilities as of September 30, 2023, we believe that a 10% change in interest rates would not have a significant impact on our results of operations.
+Added: The interest rates for the term loans and the revolving lines of credit ranged from 1.2% to 6.8% at December 31, 2023 and 1.20% to 7.08% at June 30, 2023.
+Added: Based on the outstanding principal indebtedness of $375.6 million under our credit facilities as of December 31, 2023, we believe that a 10% change in interest rates would not have a significant impact on our results of operations.
Foreign Currency Risk
4 unchanged sentences
dollar, and thus we are subject to foreign currency exchange rate fluctuations associated with re-measurement to U.S.
−Removed: Realized and unrealized foreign exchange gain for the three months ended September 30, 2023 and 2022 was $7.5 million and $7.8 million, respectively.
+Added: Realized and unrealized foreign exchange loss for the three months ended December 31, 2023 was $9.9 million and realized and unrealized loss for the six months ended December 31, 2023 was $2.4 million.
+Added: Realized and unrealized foreign exchange loss for the three months ended December 31, 2022 was $6.9 million and realized and unrealized gain for the six months ended December 31, 2022 was $0.9 million.
SMCI | Q2 2024 Form 10-Q | 43
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.