5 unchanged sentences
The interest on this debt is usually determined based on a fixed rate and is contractually set in advance.
−Removed: As of December 31, 2022 and 2021, we had $5.1 million and $5.8 million, respectively, in interest-bearing debt instruments on our consolidated balance sheet.
−Removed: All of our interest-bearing debt is at fixed rates, except for our loan with First Farmers’ Bank and Trust which has a rate reset in July 2025.
+Added: As of December 31, 2023 and December 31, 2022, we had $4.6 million and $5.1 million, respectively, in interest-bearing debt instruments on our consolidated balance sheet.
+Added: All of our interest-bearing debt is at fixed rates, except for our loan with First Farmers’ Bank and Trust, which will have a rate reset in July 2025.
Foreign Currency Exchange Risk
3 unchanged sentences
For the Canadian subsidiary, assets and liabilities are translated at the exchange rates in effect at the balance sheet date, equity accounts are translated at the historical exchange rate, and the income statement accounts are translated at the average rate for each period during the year.
−Removed: Net translation gains or losses are adjusted directly to a separate component of other comprehensive loss within shareholders’ equity.
+Added: Net translation gains or losses are adjusted directly to a separate component of other comprehensive loss within stockholders’ equity.
Financial Statements and Supplementary Data
2 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.