4 unchanged sentences
Dollar, particularly the Euro, British Pound and Canadian Dollar.
−Removed: For the three months ended August 31, 2025, approximately 3.2% of our sales were denominated in foreign currencies.
+Added: For the six months ended November 30, 2025, approximately 4.6% of our sales were denominated in foreign currencies.
We do not have expenses denominated in foreign currencies at the level of our sales and as a result, our profitability is exposed to currency fluctuations.
5 unchanged sentences
The risk associated with fluctuating interest rates is primarily limited to indebtedness.
−Removed: As of August 31, 2025, the Company did not have any outstanding debt (see Note 6, "Long-Term Debt" set forth in the Notes in the consolidated financial statements included in this Annual Report on Form 10-K).
+Added: As of November 30, 2025, the Company did not have any outstanding debt (see Note 6, "Long-Term Debt" set forth in the Notes in the consolidated financial statements included in this Annual Report on Form 10-K).
The Credit Agreement provides for a $25.0 million secured revolving credit facility.
1 unchanged sentence
The Revolving Facility will also carry a commitment fee of 0.2% per annum.
−Removed: As of August 31, 2025 there were no amounts outstanding on the Revolving Facility.
+Added: As of November 30, 2025 there were no amounts outstanding on the Revolving Facility.
Concentration of Credit Risk
8 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.