What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2024-03-13 compared with 2023-02-23 · 1 added, 1 removed, 18 unchanged (10% of the section changed)

14 unchanged sentences

We do not currently engage in interest rate derivatives to hedge our interest rate risk.

The impact of a 1% increase in interest rates on our variable rate debt would have resulted in an increase in interest expense and corresponding decrease/(increase) in pre‑tax income/(loss) of approximately $0.1 million , $0 and $0.4 million , for the years ended December 31, 2022, 2021 and 2020, respectively.

The impact of a 1% increase in interest rates on our variable rate debt would have resulted in an increase in interest expense and corresponding decrease/(increase) in pre‑tax income/(loss) of approximately $0.5 million , $0.1 million and $0 , for the years ended December 31, 2023, 2022 and 2021, respectively.

Financial instruments that potentially subject us to concentrations of credit risk are trade receivables.

2 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.