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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2026-02-20 compared with 2025-02-28 · 1 added, 1 removed, 14 unchanged (13% of the section changed)
5 unchanged sentences
As of December 31, 2025, we had approximately $13,481,899 in total face value of debt, of which approximately $2,415,341 was subject to variable interest rates (excluding debt with interest rate swaps).
−Removed: If benchmark index rates were to increase or decrease by 100 basis points, the increase or decrease in interest expense on the variable-rate debt would increase or decrease future earnings and cash flows by approximately $30,453 annually.
+Added: If the Daily Simple Secured Overnight Financing Rate (“SOFR”) was to increase or decrease by 100 basis points, the increase or decrease in interest expense on the variable-rate debt would increase or decrease future earnings and cash flows by approximately $24,153 annually.
Interest rate risk amounts were determined by considering the impact of hypothetical interest rates on our financial instruments.
7 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.