1 unchanged sentence
Interest Rate Risk
−Removed: We are exposed to market risk for changes in interest rates related to principal amount of the Acquisition Note and Credit Agreement.
−Removed: The principal amount of the Acquisition Note and Credit Agreement is subject to rates based on the Secured Overnight Financing Rate plus a spread based on leverage.
−Removed: As of April 30, 2025 and January 31, 2025, the outstanding balance of the Acquisition Note was approximately $2.4 million and $2.9 million , respectively.
−Removed: A 1% change in the effective interest rate applied to the Acquisition Note would have resulted in a pre-tax interest expense fluctuation of approximately $23 thousand on an annualized basis.
+Added: We are exposed to market risk for changes in interest rates related to principal amount of the T&L Note and Credit Agreement.
+Added: The principal amount of the T&L Note and Credit Agreement is subject to rates based on the Secured Overnight Financing Rate plus a spread based on leverage.
+Added: As of July 31, 2025 and January 31, 2025, the outstanding balance of the T&L Note was approximately $2.0 million and $2.9 million, respectively.
+Added: A 1% change in the effective interest rate applied to the T&L Note would have resulted in a pre-tax interest expense fluctuation of approximately $23 thousand on an annualized basis.
A 1% change in the effective interest rate applied to the Credit Agreement would not have resulted in a pre-tax interest expense fluctuation as there were no borrowings on the agreement.
4 unchanged sentences
We believe that substantially all of the raw materials and supplies we purchase are available from alternate sources.
−Removed: We may or may not have the ability to increase
−Removed: our selling prices in response to commodity price increases.
+Added: We may or may not have the ability to increase our selling prices in response to commodity price increases.
A 1.0% increase in commodity prices would negatively impact costs of sales by approximately $812 thousand on an annualized basis.
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.