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 receiveable from affiliate and our investment in marketable debt securities.
+Added: 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.
We have an outstanding principal amount of indebtedness of $.5 million at December 31, 2023 bearing interest at prime plus 1.875% (10.4% at December 31, 2023) with a maturity date of December 31, 2030.
1 unchanged sentence
The outstanding principal amount of the note receivable from affiliate of $10.6 million at December 31, 2023 bears interest at prime plus 1.0% (9.5% at December 31, 2023).
−Removed: We received interest income of $1.0 million from the note
+Added: We received interest income of $1.2 million from the note during 2023.
At December 31, 2023 we have $53.1 million invested in marketable debt securities, $35.4 held by CompX, at an average interest rate of approximately 4.6%.
8 unchanged sentences
Accordingly, such forward-looking statements should not be considered to be projections of future events, gains or losses.
−Removed: Such forward-looking statements are subject to certain risks and uncertainties, some of which are listed in “Business."
+Added: Such forward-looking statements are subject to certain risks and uncertainties, some of which are listed in “Business."
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
3 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.