1 unchanged sentence
We are exposed to market risk related to changes in interest rates.
−Removed: As of September 30, 2020, we had cash and cash equivalents of $279.6 million, primarily held in money market mutual funds consisting of U.S.
+Added: As of March 31, 2021, we had cash and cash equivalents of $354.9 million, primarily held in money market mutual funds consisting of U.S.
government-backed securities, and marketable securities of $270.4 million, primarily consisting of U.S.
−Removed: government-backed securities, corporate equity securities and corporate debt securities.
+Added: government-backed securities and corporate debt securities.
Our primary exposure to market risk is interest rate sensitivity, which is affected by changes in the general level of U.S.
3 unchanged sentences
Due to the short-term maturities and low risk profiles of our investments, an immediate 100 basis point change in interest rates would not have a material effect on the fair market value of our investments.
−Removed: While we contract with certain vendors and institutions internationally, substantially all of our total liabilities as of September 30, 2020 were denominated in the United States dollar and we believe that we do not have any material exposure to foreign currency exchange rate risk.
+Added: While we contract with certain vendors and institutions internationally, substantially all of our total liabilities as of March 31, 2021 were denominated in the United States dollar and we believe that we do not have any material exposure to foreign currency exchange rate risk.
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.