7 unchanged sentences
We regularly assess these risks and have established policies and business practices to protect against the adverse effects of collection risks.
−Removed: During 2024, we decreased our allowance for credit losses from $9.3 million to $8.6 million.
−Removed: During 2023, we increased our allowance for credit losses from $9.2 million to $9.3 million.
+Added: During 2025, we reduced our allowance for credit losses from $8.6 million to $4.5 million.
+Added: During 2024, we reduced our allowance for credit losses from $9.3 million to $8.6 million.
A large proportion of our receivables are due from larger corporate customers that typically have longer payment cycles.
6 unchanged sentences
For all other customers, we use an aging schedule and recognize allowances for credit losses based on the creditworthiness of the debtor, the age and status of outstanding receivables, the current business environment and our historical collection experience adjusted for current expectations for the customer or industry.
−Removed: Accounts receivable are written off against the allowance for uncollectible accounts when we determine amounts are no longer collectible.
Interest Rate Risk
6 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.