1 unchanged sentence
Interest Rate Risk
−Removed: As of December 31, 2023 and 2022, our cash consists of cash in readily available checking accounts.
+Added: We are exposed to interest rate risk related to our outstanding debt.
+Added: As of December 31, 2024 and 2023, our cash and cash equivalents consists of cash in readily available checking and interest bearing accounts.
We do not hold any short-term investments.
As a result, the fair value of our portfolio is relatively insensitive to interest rate changes.
−Removed: As of December 31, 2023 and 2022, we had no bank debt outstanding and are therefore not exposed to interest rate risk with respect to debt.
+Added: As of December 31, 2024 and 2023, we had $2,380,396 and 470,396, respectively, of notes payable bank outstanding primarily related to loans for motor vehicles and equipment in South Africa and financing of Directors and Officers’ insurance premiums.
+Added: This results in a minimal exposure to interest rate risk with respect to debt.
We believe a hypothetical 100 basis point increase or decrease in interest rates during the period presented would not have had a material impact on our financial results.
8 unchanged sentences
We do not believe that inflation and changing prices had a significant impact on our results of operations for the period presented herein.
+Added: We are potentially subject to concentrations of credit risk in our accounts receivable.
+Added: Two customers, Customer A and Customer B, represent approximately 28% ($200,000) and 20% ($144,590), respectively, of consolidated accounts receivable as of December 31, 2024.
+Added: Although the Company is directly affected by the financial condition of its customers, management does not believe significant credit risks exist at December 31, 2024.
+Added: Generally, we do not require collateral or other securities to support its accounts receivable.
+Added: Major Customer
+Added: Revenues from one customer of our specialist isotopes and related services segment represent approximately 14% or $592,000 our consolidated revenues.
+Added: for the year ended December 31, 2024.
+Added: For year ended December 31, 2023, there were no customers that represented more than 10% of revenues.
+Added: We expect to maintain this relationship with the customer.
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.