22 unchanged sentences
Similar impacts have occurred in the past, such as during the 2008-2010 financial crisis.
−Removed: As of March 31, 2023 and December 31, 2022 and for the three months ended March 31, 2023 and 2022, we have not experienced any credit losses associated with our cash, cash equivalents, marketable securities and restricted cash account balances held by financial institutions.
+Added: As of June 30, 2023 and December 31, 2022 and for the three and six months ended June 30, 2023 and 2022, we have not experienced any credit losses associated with our cash, cash equivalents, marketable securities and restricted cash account balances held by financial institutions.
Inflation and rapid increases in interest rates have led to a decline in the trading value of previously issued government securities with interest rates below current market interest rates.
22 unchanged sentences
Any customer or supplier bankruptcy or insolvency, or the failure of any customer to make payments when due, or any breach or default by a customer or supplier, or the loss of any significant supplier relationships, could result in material losses to the Company and may have a material adverse impact on our business.
+Added: The sale or issuance of our common stock to, or through, Goldman Sachs & Co.
+Added: LLC, or Goldman Sachs, and SVB Securities LLC, or SVB, may cause significant dilution and the sale of the shares of common stock acquired by Goldman Sachs or SVB, or the perception that such sales may occur, could cause the price of our common stock to fall.
+Added: On May 4, 2023, we entered into an Equity Distribution Agreement (the “2023 ATM Agreement”) with Goldman Sachs and SVB, pursuant to which we may offer and sell our common stock, having aggregate sales proceeds of up to $450.0 million, to or through Goldman Sachs and SVB, from time to time, in an “at-the-market”
+Added: offering program.
+Added: Sales to, or through, Goldman Sachs and SVB by us could result in substantial dilution to the interests of other holders of our common stock.
+Added: Additionally, the sale of a substantial number of shares of our common stock, or the anticipation of such sales, could make it more difficult for us to sell equity or equity-related securities in the future at a time and at a price that we might otherwise wish to effect sales.
+Added: On July 24, 2023 we received approximately $27.2 million net proceeds through the 2023 ATM Agreement from the sale of 800,000 shares of common stock.
Unregistered Sales of Equi ty Securities and Use of Proceeds
6 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.