2 unchanged sentences
These risks primarily include interest rate sensitivities.
−Removed: We had cash and cash equivalents of $129.5 million as of June 30, 2021, which consisted of bank deposits and money market mutual funds.
+Added: As of September 30, 2021, we had cash and cash equivalents of $435.3 million, which consisted of bank deposits and money market mutual funds.
The primary objective of our investment activities is to preserve capital to fund our operations while earning a low-risk return.
−Removed: Because our money market mutual funds are short-term in duration, we believe that our exposure to interest rate risk is not significant, and a hypothetical 1% change in market interest rates during any of the periods presented would not have had a significant impact on the total value of our portfolio.
+Added: Because our money market mutual funds are short-term in duration, we believe that our exposure to interest rate risk is not significant and that a hypothetical 1% change in market interest rates during any of the periods presented would not have had a significant impact on the total value of our portfolio.
We are not currently exposed to significant market risk related to changes in foreign currency exchange rates;
1 unchanged sentence
Inflation generally affects us by increasing our cost of labor and research and development costs.
−Removed: We do not believe that inflation had a material effect on our business, results of operations, or financial condition during the three and six months ended June 30, 2021 and 2020.
+Added: We do not believe that inflation had a material effect on our business, results of operations, or financial condition during the three and nine months ended September 30, 2021 and 2020.
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.