8 unchanged sentences
The recorded value of marketable equity securities increased to $41.7 million at December 31, 2022 from $39.4 million at December 31, 2021.
−Removed: The increase resulted from purchases of marketable equity securities of approximately $6.4 million and an increase in market value of the portfolio of approximately $8.2 million, partially offset by sales of marketable equity securities of approximately $3.1 million.
+Added: The increase resulted from purchases of marketable equity securities of approximately $1.2 million and an increase in market value of the portfolio of approximately $1.1 million.
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 $4.2 million.
3 unchanged sentences
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.
+Added: Our line of credit bears interest at a floating rate equal to Term SOFR plus a fixed percentage.
+Added: Accordingly, changes in Term SOFR, which are affected by changes in interest rates, will affect the interest rate on, and therefore our costs under, the line of credit.
Assuming $18.0 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 $180,000 of additional interest expense.
12 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.