3 unchanged sentences
to significant market risk related to changes in interest rates.
−Removed: As of September 30, 2021, our cash equivalents consisted primarily of
−Removed: short-term money market funds.
−Removed: Our primary exposure to market risk is interest rate sensitivity, which is affected by changes in the general
−Removed: level of U.S.
+Added: As of March 31, 2022, our cash equivalents consisted primarily
+Added: of short-term money market funds.
+Added: Our primary exposure to market risk is interest rate sensitivity, which is affected by changes in the
+Added: general level of U.S.
interest rates.
−Removed: Due to the short-term nature of the cash equivalents in our portfolio and the low risk profile of our cash
−Removed: equivalents, an immediate 10% change in interest rates would not have a material effect on the fair market value of our financial position
−Removed: or results of operations.
+Added: Due to the short-term nature of the cash equivalents in our portfolio and the low risk profile
+Added: of our cash equivalents, an immediate 10% change in interest rates would not have a material effect on the fair market value of our financial
+Added: position or results of operations.
We are not currently exposed
4 unchanged sentences
us by increasing our cost of labor and clinical trial costs.
−Removed: We do not believe that inflation had a material effect on our business, financial
−Removed: condition, or results of operations during the nine months ended September 30, 2021 and 2020.
+Added: We do not believe that inflation had a material effect on our business,
+Added: financial condition or results of operations during the three months ended March 31, 2022 and 2021.
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.