1 unchanged sentence
We are exposed to market risk related to changes in interest rates.
−Removed: As of September 30, 2021 and December 31, 2020, we had cash, cash equivalents and marketable securities of $1.4 billion and $670.5 million, respectively.
−Removed: Our marketable securities
−Removed: consist primarily of investments in U.S.
+Added: As of March 31, 2022 and December 31, 2021, we had cash, cash equivalents and marketable securities of $1.2 billion and $1.3 billion, respectively.
+Added: Our marketable securities consist primarily of investments in U.S.
Treasuries, government securities and corporate debt securities.
6 unchanged sentences
We do not currently hedge our foreign currency exchange rate risk.
−Removed: As of September 30, 2021 and December 31, 2020, liabilities denominated in foreign currencies were immaterial.
+Added: As of March 31, 2022 and December 31, 2021, 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.