What changed 10-K

Item 1A. Risk Factors

2023-03-27 compared with 2022-03-25 · 1 added, 1 removed, 42 unchanged (5% of the section changed)

40 unchanged sentences

Trade restrictions and /or tariffs resulting from changing government trade policies have the potential to disrupt UTMD’s supply chain.

The COVID-19 pandemic could continue to disrupt UTMD’s supply chain or interfere with normal business operations due to the loss of employee availability and rapidly rising input costs.

Lack of predictability of a major OEM customer currently representing over 20% of UTMD’s sales.

ITEM 1B – UNRESOLVED STAFF COMMENTS

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.