1 unchanged sentence
ABOUT MARKET RISK.
−Removed: We are not currently
−Removed: exposed to significant market risk related to changes in interest rates.
−Removed: As of December 31, 2022, our cash equivalents consisted primarily
−Removed: of short-term money market funds.
+Added: We are not currently exposed
+Added: to significant market risk related to changes in interest rates.
+Added: As of December 31, 2023, our cash equivalents consisted primarily of
+Added: short-term money market funds.
Our primary exposure to market risk is interest rate sensitivity, which is affected by changes in the
1 unchanged sentence
interest rates.
−Removed: Due to the short-term nature of the cash equivalents in our portfolio and the low risk profile of
−Removed: 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: 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
position or results of operations.
8 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.