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 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: This exposure is associated with balances outstanding under our PNC loan agreement, which consists of both a revolving credit facility component and two term loans, all of which are priced on a floating rate basis.
We had no advances outstanding under our revolving credit facility at April 30, 2026.
−Removed: The balance of our term loan was $13.8 million at April 30, 2025, bearing interest at floating rates.
+Added: The total balance of our term loans was $20.1 million at April 30, 2026, bearing interest at floating rates.
We believe that our current exposure to interest rate market risk is not material.
16 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.