17 unchanged sentences
At June 30, 2026, a 100-basis point (or 1%) increase or decrease in the interest rate would increase or decrease interest income by approximately $2.5 million per year.
+Added: We have not incurred any credit risk losses related to deposits of our cash and cash equivalents.
Foreign Currency Risk
−Removed: We have subsidiaries with operations in Canada and South Korea, which use the Canadian Dollar and South Korean Won, respectively, as their functional currencies.
+Added: Historically, over 90% of our operating activities have been in the United States.
+Added: However, we have subsidiaries with operations in Canada and South Korea, which use the Canadian Dollar and South Korean Won, respectively, as their functional currencies.
We also have a subsidiary with operations in Australia, but its functional currency is the U.S.
9 unchanged sentences
Dollar amounts owed by our Canadian operations.
−Removed: A 10% unfavorable change in the Canadian Dollar against the U.S.
+Added: A 10% unfavorable change in the Canadian Dollar, South Korean Won, or Australian Dollar against the U.S.
Dollar would not have had a material impact on our financial results for the fiscal year ended June 30, 2026.
1 unchanged sentence
We have no direct commodity exposure, but we do have exposure to materials derived from certain commodities including steel plate, steel pipe, and copper, which are key materials we use.
+Added: Management has not entered into derivative instruments to manage commodity price risk.
We mitigate risks associated with these exposures primarily by procuring materials upon contract execution to ensure that our purchase price approximates the costs included in the project estimate, and also by negotiating contract provisions that mitigate our exposure to fluctuations in materials costs.
2 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.