10 unchanged sentences
The following performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or Securities Exchange Act of 1934, each as amended, except to the extent that we specifically incorporate it by reference into such filing.
−Removed: The comparative stock performance graph below compares the five-year cumulative total stockholder return (assuming reinvestment of dividends, if any) from investing $100 on December 31, 2014, to the close of the last trading day of 2019, in each of our common stock and the selected indices.
+Added: The comparative stock performance graph below compares the five-year cumulative total stockholder return (assuming reinvestment of dividends, if any) from investing $100 on the last trading day of 2015, to the close of the last trading day of 2020, in each of our common stock and the selected indices.
The stock price performance reflected in the graph below is not necessarily indicative of future price performance.
9 unchanged sentences
The following selected consolidated financial data for each of the five years in the period ended December 31, 2020 are derived from our audited consolidated financial statements.
−Removed: The selected consolidated financial data set forth below should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the financial statements, and the related Notes, included elsewhere in this annual report on Form 10-K.
+Added: The selected consolidated financial data set forth below should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the
+Added: financial statements, and the related Notes, included elsewhere in this annual report on Form 10-K.
Historical results are not necessarily indicative of future results.
13 unchanged sentences
(2) On January 1, 2018, we adopted the new revenue standard by applying the modified retrospective method to all contracts that were not completed as of January 1, 2018.
−Removed: Please read Note 2 to our consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data,” of this annual report on Form 10-K for further discussion of our adoption of the new revenue standard.
+Added: Please read Note 2 to our consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data,” in our annual report on Form 10-K for the fiscal year ended December 31, 2019 that was filed with the SEC on February 13, 2020 for further discussion of our adoption of the revenue standard.
2020 2019 2018 2017 2016 (1)
Balance Sheet Data:
−Removed: Cash, cash equivalents and marketable debt and equity securities $ 1,536,162 $ 1,084,155 $ 1,704,537 $ 942,601 $ 1,280,951
+Added: Cash, cash equivalents and marketable securities $ 1,874,395 $ 1,536,162 $ 1,084,155 $ 1,704,537 $ 942,601
Restricted investments 40,725 14,825 44,825 30,000 150,000
1 unchanged sentence
Total assets 3,407,061 2,395,134 1,574,802 1,994,730 1,262,810
+Added: Liability related to the sale of future royalties, net of current portion (Note 5) 1,058,225 — — — —
Long-term debt 191,278 — 30,000 30,000 150,000
2 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.