8 unchanged sentences
To achieve this objective, we maintain our portfolio of cash equivalents in asset types including bank deposits and money market funds.
−Removed: Declines in interest rates during the year ended December 31, 2020 have reduced our interest income and additional declines would further reduce our future interest income.
+Added: Interest rates were higher in the first half of 2020 and subsequent declines in interest rates for remainder of 2020 and into 2021 have reduced our interest income.
While historical fluctuations in interest income have not been significant, in a financial environment with extremely low or negative interest rates, we have experienced and could continue to experience a reduction in the interest earned from such investment activities.
8 unchanged sentences
Our expenses are generally denominated in the currencies in which our operations are located, which is primarily in the United States.
−Removed: As our operations in countries outside of the United States grow, our results of operations and cash flows will be subject to fluctuations due to changes in foreign currency exchange rates, which could harm our business in the future.
+Added: We are exposed to gains or losses due to changes in foreign currency exchange rates.
For example, if the value of U.S.
−Removed: dollar increases relative to foreign currencies, in the absence of a corresponding change in local currency prices, our revenue could be adversely affected as we convert revenue from local currencies to U.S.
−Removed: In addition, because we conduct business in currencies other than U.S.
−Removed: dollars, but report our results of operations in U.S.
−Removed: dollars, we also face remeasurement exposure to fluctuations in currency exchanges rates, which could hinder our ability to predict our future results and earning and could materially impact our results of operations.
+Added: dollar increases relative to foreign currencies, we will incur losses on the remeasurement on customer receivables which are denominated in foreign currencies.
We do not currently maintain a program to hedge exposures to non-U.S.
1 unchanged sentence
We have performed a sensitivity analysis as of December 31, 2021 and as of December 31, 2020, using a modeling technique that measures the change in the amount of non-U.S.
−Removed: dollar cash and cash equivalents arising from a hypothetical 10% movement in the levels of foreign currency exchange rates relative to the U.S.
+Added: dollar monetary assets arising from a hypothetical 10% movement in the levels of foreign currency exchange rates relative to the U.S.
dollar, with all other variables held constant.
−Removed: The foreign currency exchange rates we used were based on market rates in effect on December 31, 2020 and December 31, 2019, respectively.
−Removed: The sensitivity analysis indicated that a hypothetical 10% movement in foreign currency exchange rates would change the amount of cash and cash equivalents, we would report in U.S.
−Removed: Dollars as of December 31, 2020 and December 31, 2019 by less than 0.13% and by less than 0.24%, respectively.
+Added: sensitivity analysis indicated that a hypothetical 10% movement in foreign currency exchange rates would change the amount of cash and cash equivalents and accounts receivable, we would report in U.S.
+Added: Dollars as of December 31, 2021 and December 31, 2020 by less than $2.4 million and by less than $1.5 million, respectively.
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.