Interest Rate Risk Interest rate risk is the risk of financial loss due to adverse changes in the value of assets and liabilities due to movements in interest rates. Our exposure to market risk for changes in interest rates relates primarily to our Credit Agreement and to a lesser extent our cash, cash equivalents, and restricted cash. As of June 30, 2026, we had debt outstanding under our Credit Agreement of $386.3 million. A hypothetical 100 basis point change in interest rates would result in a change in our pre-tax interest expense of approximately $1.0 million and $3.4 million for the three and six months ended June 30, 2026, respectively. Foreign Currency Exchange Risk We conduct business in certain foreign markets. As a result, we are exposed to foreign exchange risk related to certain currencies, primarily the Euro and British Pound. For the three months ended June 30, 2026, and 2025, international revenue accounted for 43.0% and 42.0% of our consolidated revenue, respectively, and for the six months ended June 30, 2026, and 2025, international revenue accounted for 43.0% and 41.6% of our consolidated revenue, respectively. We have exposure to foreign currency exchange risk related to transactions carried out in a currency other than our functional currency, the U.S. dollar. As foreign currency exchange rates fluctuate, transactions carried out in foreign currencies other than the U.S. dollar could impact revenue and distort year-over-year comparability of operating results. Historically, we have not hedged any foreign currency exposures. We have performed a sensitivity analysis as of June 30, 2026, and 2025. A hypothetical 10% change in Euro and British Pound, relative to the U.S. dollar, would have changed revenue by $3.3 million and $2.4 million for the three months ended June 30, 2026, and 2025, respectively, and by $6.3 million and $4.5 million for the six months ended June 30, 2026, and 2025, respectively, with all other variables held constant. This accounts for 2.4% and 2.3% of total revenue for the three months ended June 30, 2026, and 2025, respectively, and 2.4% and 2.4% of total revenue for the six months ended June 30, 2026, and 2025, respectively. Our continued international expansion increases our exposure to exchange rate fluctuations and as a result, such fluctuations could have a significant impact on our future results of operations.