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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2023-03-01 compared with 2022-03-25 · 2 added, 3 removed, 15 unchanged (25% of the section changed)
9 unchanged sentences
Our Credit Agreement bears interest at a floating rate equal to the lesser of LIBOR plus 1.5% or ABR plus 0.5%.
−Removed: As of December 31, 2021, we had total outstanding debt of $33.3 million in principal amount under the Credit Agreement.
−Removed: Based on the amount outstanding, a 100 basis point increase or decrease in market interest rates over a twelve-month period would result in a change to interest expense of $0.3 million.
+Added: As of December 31, 2022, we had no outstanding debt under the Credit Agreement.
Inflation Risk
3 unchanged sentences
All information required by this item is included in Item 15 of this Annual Report on Form 10-K and is incorporated into this item by reference.
−Removed: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURES
+Added: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
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.