18 unchanged sentences
Interest Rate Risk
−Removed: We are exposed to interest rate risk, primarily associated with our Revolving Credit Facility, Financing Agreement and certain finance leases.
−Removed: As of December 31, 2022, we had $1.4 million outstanding under our Revolving Credit Facility, with a weighted average interest rate of 6.6%.
−Removed: As of December 31, 2022, the aggregate principal balance outstanding under the M&E Term Loan was $10.4 million with an interest rate of 9.9% and finance leases of $7.5 million with an interest rate of 3.7%.
−Removed: A hypothetical 1.0% increase or decrease in the weighted average interest rates would cause our interest expense to fluctuate by approximately $0.2 million per year.
+Added: We are exposed to interest rate risk, primarily associated with our Wells Fargo Revolving Credit Facility and Financing Agreement.
+Added: As of December 31, 2023, the Company had no debt outstanding under the Wells Fargo Revolving Credit Facility, with a weighted average interest rate of 7.0%.
We do not currently hedge our interest rate exposure.
11 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.