7 unchanged sentences
We hold certain actively traded marketable equity securities, which subjects the Company to fluctuations in the fair market value of its investment portfolio based on the current market price of such securities.
−Removed: The recorded value of marketable equity securities decreased to $37.6 million at June 30, 2022 from $39.4 million at December 31, 2021.
+Added: The recorded value of marketable equity securities decreased to $36.0 million at September 30, 2022 from $39.4 million at December 31, 2021.
A 10% decrease in the market price of our marketable equity securities would cause a corresponding 10% decrease in the carrying amounts of these securities, or approximately $3.6 million.
1 unchanged sentence
Interest Rate Risk
−Removed: Our line of credit bears interest at a floating rate equal to LIBOR plus a fixed percentage.
−Removed: Accordingly, changes in LIBOR, which are affected by changes in interest rates, will affect the interest rate on, and therefore our costs under, the line of credit.
−Removed: Assuming $1.0 million of variable rate debt was outstanding under our line of credit for a full fiscal year, a hypothetical 100 basis point increase in LIBOR would result in approximately $10,000 of additional interest expense.
+Added: Our line of credit bears interest at a floating rate equal to SOFR plus a fixed percentage.
+Added: Accordingly, changes in SOFR, which are affected by changes in interest rates, or a change to a new index rate, will affect the interest rate on, and therefore our costs under, the line of credit.
+Added: Assuming $1.0 million of variable rate debt was outstanding under our line of credit for a full fiscal year, a hypothetical 100 basis point increase in SOFR would result in approximately $10,000 of additional interest expense.
Commodity Price Risk
10 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.