1 unchanged sentence
General – We are exposed to market risk from changes in currency exchange rates, interest rates, raw materials and equity security prices.
−Removed: Interest rates – We are exposed to market risk from changes in interest rates, primarily related to our indebtedness, CompX’s note receivable from affiliate and our investment in marketable debt securities.
−Removed: We have an outstanding principal amount of indebtedness of $.5 million at December 31, 2024 bearing interest at prime plus 1.875%
−Removed: (9.4% at December 31, 2024) with a maturity date of December 31, 2030.
+Added: Interest rates – We are exposed to market risk from changes in interest rates, primarily related to our indebtedness and CompX’s note receivable from affiliate.
+Added: We have an outstanding principal amount of indebtedness of $.5 million at December 31, 2025 bearing interest at prime plus 1.875% (8.6% at December 31, 2025) with a maturity date of December 31, 2030.
The carrying value of such outstanding indebtedness approximates its fair value.
16 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.