2 unchanged sentences
We are exposed to market risk in the area of interest rates.
−Removed: This exposure is associated with balances outstanding under our revolving credit facility and certain lease obligations for production machinery, all of which are priced on a floating rate basis.
−Removed: We had $3 million outstanding under our revolving credit facility at April 30, 2024, bearing interest at floating rates.
+Added: This exposure is associated with balances outstanding under our PNC loan agreement, which consists of both a revolving credit facility component and term loan, and certain lease obligations for production machinery, all of which are priced on a floating rate basis.
+Added: We had no advances outstanding under our revolving credit facility at April 30, 2025.
+Added: The balance of our term loan was $13.8 million at April 30, 2025, bearing interest at floating rates.
We believe that our current exposure to interest rate market risk is not material.
2 unchanged sentences
We derive net sales in U.S.
−Removed: dollars and other currencies including Indian rupees, Singapore dollars, and other currencies.
+Added: dollars and other currencies, including Indian rupees, Singapore dollars, Canadian dollars, and other currencies.
For fiscal year 2025, 23% of net sales were derived in currencies other than U.S.
9 unchanged sentences
These accounts are impacted by changes in foreign currency rates.
−Removed: Cash balances at April 30, 2024 of $11.2 million were held by our foreign subsidiaries and denominated in currencies other than U.S.
+Added: Cash balances at April 30, 2025 of $8.4 million were held by our subsidiaries and denominated in currencies other than U.S.
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.