4 unchanged sentences
While our expenses are predominantly denominated in U.S.
−Removed: dollars, approximately 7% of our revenue for each of the three and six months ended June 30, 2025 are denominated in other currencies, primarily in Japanese yen.
+Added: dollars, approximately 7% of our revenue for each of the three and nine months ended September 30, 2025 are denominated in other currencies, primarily in Japanese yen.
A hypothetical 10% change in the value of the Japanese yen relative to the U.S.
−Removed: dollar would result in a 1% change in our revenue.
+Added: dollar would result in less than a 1% change in our revenue.
We do not currently utilize hedging strategies to mitigate foreign currency risk.
−Removed: We are exposed to interest rate risk primarily through borrowings under our credit facilities.
−Removed: An incremental change in the borrowing rate of 100 basis points would increase or decrease our annual interest expense by an immaterial amount based on our $60.0 million debt outstanding on our ABL Facility as of June 30, 2025.
−Removed: After July 31, 2025, we will be exposed to interest rate risk primarily through borrowings under our Credit Facility .
−Removed: Our Credit Facility has a variable interest rate based on SOFR.
−Removed: An incremental change in the borrowing rate of 100 basis points would increase or decrease our annual interest expense by $1.3 million based on our initial draw on the Credit Facility of $125.0 million.
+Added: We are exposed to interest rate risk primarily through borrowings under our Credit Facility.
+Added: Our Credit Facility has a variable interest rate based on the SOFR.
+Added: An incremental change in the borrowing rate of 100 basis points would increase or decrease our annual interest expense by $1.3 million based on the Credit Facility balance of $125.0 million.
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.