4 unchanged sentences
We do not have significant exposure to market risk with respect to investments, as any investments we enter into are primarily highly liquid investments.
−Removed: As of March 31, 2022, we had cash and cash equivalents and marketable securities of $302.3 million, consisting of operating, savings and money market accounts which are not materially affected by changes in the general level of U.S.
+Added: As of June 30, 2022, we had cash and cash equivalents, marketable securities and short term investments of approximately $256.8 million, consisting of operating, savings money market accounts and various short term investments which are not materially affected by changes in the general level of U.S.
interest rates.
−Removed: Furthermore, all of the Convertible Notes issued by us accrue interest at a fixed rate.
−Removed: We also have interest rate exposure as a result of our outstanding term loans under the Credit Facility.
−Removed: As of March 31, 2022, the aggregate outstanding principal amounts of the term loans was $35.0 million.
+Added: Furthermore, the Convertible Notes issued by us accrue interest at a fixed rate.
+Added: We also have interest rate exposure as a result of our outstanding term loans under the Debt Facility and borrowings under the Credit Facility.
+Added: As of June 30, 2022, the aggregate outstanding principal amounts of the term loans under the Debt Facility was $35.0 million.
The term loans bear interest at an annual rate equal to 6.95% plus a base rate defined as the greater of three-month LIBOR (as of the last day of each calendar month) and 2.55%.
−Removed: The $20 million credit line under the Credit Facility has an interest rate of 8.95% annually plus a base rate defined as the greater of three-month LIBOR and 2.55% (a total of 11.5% as of March 31, 2022).
+Added: The $20 million credit line under the Credit Facility has an interest rate of 8.95% annually plus a base rate defined as the greater of three-month LIBOR and 2.55% (a total of 11.5% as of June 30, 2022).
If overall interest rates increase by 100 basis points, our interest expense would not be significantly affected.
14 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.