4 unchanged sentences
Interest Rate Risk
−Removed: We had cash and cash equivalents of $159.8 million as of December 31, 2019, which consisted of cash in readily available checking accounts and overnight repurchase investments.
+Added: We had cash and cash equivalents of $112.5 million as of December 31, 2020, which consisted of cash in readily available checking accounts, overnight repurchase investments, and short term investments with remaining maturities of 90 days or less.
These securities are not dependent on interest rate fluctuations that may cause the principal amount of these assets to fluctuate.
1 unchanged sentence
Inflation Risk
−Removed: We do not believe that inflation has had a material effect on our business, financial condition or results of operations.
+Added: We do not believe inflation has had a material effect on our business, financial condition, or results of operations.
If our costs become subject to significant inflationary pressures, we may not be able to fully offset such higher costs through price increases.
5 unchanged sentences
Our sales contracts are primarily denominated in the local currency of the customer making the purchase.
−Removed: In addition, a portion of operating expenses are incurred outside the United States and are denominated in foreign currencies.
+Added: In addition, portions of operating expenses are incurred outside the United States and are denominated in foreign currencies.
Decreases in the relative value of the U.S.
dollar to other currencies may negatively affect revenue and other operating results as expressed in U.S.
−Removed: We do not believe that an immediate 10% increase or decrease in the relative value of the U.S.
+Added: We do not believe an immediate 10% increase or decrease in the relative value of the U.S.
dollar to other currencies would have a material effect on operating results.
−Removed: We have experienced and will continue to experience fluctuations in net loss as a result of transaction gains or losses related to remeasuring certain current asset and current liability balances that are denominated in currencies other than the functional currency of the entities in which they are recorded.
+Added: We have experienced, and will continue to experience, fluctuations in net loss as a result of transaction gains or losses related to remeasuring certain current asset and current liability balances denominated in currencies other than the functional currency of the entities in which they are recorded.
We have not engaged in the hedging of foreign currency transactions to date, although we may choose to do so in the future.
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.