8 unchanged sentences
Interest Rate Risk and Market Risk
−Removed: We had cash, cash equivalents and marketable securities of $518.1 million as of January 31, 2022, of which $35.2 million was invested in government bonds, commercial paper, corporate debt securities and asset-backed securities.
+Added: We had cash, cash equivalents, and marketable securities of $482.7 million as of January 31, 2023, of which $410.1 million was invested in government bonds, foreign bonds, and corporate debt securities.
Our cash and cash equivalents are held for working capital and general corporate purposes.
3 unchanged sentences
Fixed rate securities may have their market value adversely affected due to a rise in interest rates, while floating rate securities may produce less income than expected if interest rates fall.
−Removed: As of January 31, 2022, a hypothetical 10% change in interest rates would not have had a material impact on the value of our cash, cash equivalents, or available-for-sale investments.
+Added: As of January 31, 2023, a hypothetical 10% change in interest rates would not have had a material impact on our consolidated financial statements.
Because we classify our debt securities as “available for sale,” no gains or losses are recognized due to changes in interest rates unless such securities are sold prior to maturity or unless declines in fair value are determined to be non-temporary.
12 unchanged sentences
dollars are recorded as a separate component on the consolidated statements of comprehensive loss.
−Removed: Gains or losses due to transactions in foreign currencies are included in interest and other income, net in our consolidated statements of operations.
+Added: Gains or losses due to transactions in foreign currencies are included in interest and other income (expense), net in our consolidated statements of operations.
The volatility of exchange rates depends on many factors that we cannot forecast with reliable accuracy.
5 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.