1 unchanged sentence
We are exposed to market risk related to changes in interest rates.
−Removed: As of September 30, 2020 and December 31, 2019, we had cash, cash equivalents and marketable securities of $722.4 million and $717.8 million, respectively, consisting primarily of investments in U.S.
+Added: As of March 31, 2021 and December 31, 2020, we had cash, cash equivalents and marketable securities of $2.4 billion and $670.5 million, respectively.
+Added: Our marketable securities consist primarily of investments in U.S.
Treasuries, government securities and corporate debt securities.
Our primary exposure to market risk is interest rate sensitivity, which is affected by changes in the general level of U.S.
−Removed: interest rates, particularly because our
−Removed: investments are primarily in short-term marketable securities.
+Added: interest rates, particularly because our investments are primarily in short-term marketable securities.
Our marketable securities are subject to interest rate risk and could fall in value if market interest rates increase.
3 unchanged sentences
We do not currently hedge our foreign currency exchange rate risk.
−Removed: As of September 30, 2020 and December 31, 2019, liabilities denominated in foreign currencies were immaterial.
+Added: As of March 31, 2021 and December 31, 2020, liabilities denominated in foreign currencies were immaterial.
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.