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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2025-05-07 compared with 2024-11-08 · 2 added, 2 removed, 6 unchanged (40% of the section changed)
3 unchanged sentences
Outstanding borrowings under our Line of Credit Agreement bear interest at Prime Rate plus .25%.
−Removed: At September 30, 2024, the interest rate on the Line of Credit Agreement was 8.25%.
−Removed: At September 30, 2024, approximately $3.2 million was outstanding under the Line of Credit Agreement.
+Added: At March 31, 2025, the interest rate on the Line of Credit Agreement was 7.75%.
+Added: At March 31, 2025, approximately $3.2 million was outstanding under the Line of Credit Agreement.
Avalon does not undertake any specific actions to cover its exposure to interest rate risk and Avalon is not a party to any interest rate risk management transactions.
1 unchanged sentence
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.