Item 3. Quantitative and Qualitative Disclosures About Market Risk
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
We are exposed to various market risks, which include
potential losses arising from adverse changes in market rates and prices, such as interest rates. We do not enter into derivatives or
other financial instruments for trading or speculative purposes.
There have been no material changes to the Company’s
market risk during the first three months of 2025. For a discussion of the Company’s exposure to market risk, refer to the Company’s
market risk disclosures set forth in Part II, Item 7A, “Quantitative and Qualitative Disclosures About Market Risk” of the
2024 Form 10-K.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.