12 unchanged sentences
As of December 31, 2022 , we had $225.8 million of variable rate debt outstanding under our Credit Facilities, consisting of $155.8 million outstanding under the Term Loan Facility (net of unamortized discount of $1.7 million) in outstanding variable rate borrowings.
−Removed: We had no outstanding variable rate borrowings under our Revolving Credit Facility.
+Added: We had $70.0 million outstanding variable rate borrowings under our Revolving Credit Facility.
Based upon a sensitivity analysis of our debt levels on December 31, 2022 , an increase or decrease of 1% in the effective interest rate would cause an increase or decrease in interest expense of approximately $1.6 million over the next 12 months.
1 unchanged sentence
Foreign Currency Risk.
−Removed: In January 2017, we acquired certain assets of Underground Toys Limited and now sell directly to certain of our customers in Europe, the Middle East and Africa through our subsidiary, Funko UK, Ltd.
+Added: We sell directly to certain of our customers in Europe, the Middle East and Africa through our subsidiary, Funko UK, Ltd.
While currently our inventory purchases for Funko UK, Ltd.
10 unchanged sentences
We have experienced and anticipate experiencing inflationary pressures on the inbound shipping and product costs which we have partially mitigated through price increases of certain products.
−Removed: We also anticipate inflationary pressures paired with c ompetition for talent to increase wages, commissions and benefits expense.
+Added: We also anticipate inflationary pressures on goods and services we obtain for general operations .
We cannot assure you, however, that our results of operations and financial condition will not be materially impacted by inflation in the future.
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.