5 unchanged sentences
not hold any mortgaged-backed investments in our investment portfolio.
−Removed: Securities must have a minimum Dun & Bradstreet rating
−Removed: of A for bonds or R1 low for commercial paper.
−Removed: The policy also provides for investment limits on concentrations of securities by
−Removed: issuer and maximum-weighted average time to maturity of twelve months.
+Added: Securities must have a minimum Dun & Bradstreet
+Added: rating of A for bonds or R1 low for commercial paper.
+Added: The policy also provides for investment limits on concentrations of securities
+Added: by issuer and maximum-weighted average time to maturity of twelve months.
This policy applies to all of our financial resources.
−Removed: At March 31, 2020, we had $9,519 in money
−Removed: market investment accounts as compared to $13,303 at December 31, 2019;
−Removed: these investments typically have minimal risk.
−Removed: financial markets had been volatile resulting in concerns regarding the recoverability of money market investments, but those conditions
−Removed: have stabilized.
−Removed: We have not experienced any loss or write down of our money market investments since inception.
+Added: At June 30, 2020, we had $38,125 in
+Added: money market investments and savings accounts as compared to $13,303 at December 31, 2019;
+Added: these investments typically have
+Added: minimal risk.
+Added: The financial markets had been volatile resulting in concerns regarding the recoverability of money market investments,
+Added: but those conditions have stabilized.
+Added: We have not experienced any loss or write down of our money market investments since
Our investment policy is to manage investments
5 unchanged sentences
or carry ratings appropriate to the policy.
−Removed: Securities must have a minimum Dun & Bradstreet rating of A for bonds or R1 low
−Removed: for commercial paper.
+Added: Securities must have a minimum Dun & Bradstreet rating of A for bonds or R1
+Added: low for commercial paper.
The policy also provides for investment limits on concentrations of securities by issuer and maximum-weighted
6 unchanged sentences
however, we do hold Canadian dollars which we use to pay vendors in Canada and other corporate obligations.
−Removed: March 31, 2020, the Company held approximately $16 thousand Canadian dollars ($12 thousand as presented to U.S.
−Removed: 31, 2019, the Company held approximately $30 thousand Canadian dollars ($24 thousand as presented into U.S.
+Added: June 30, 2020, the Company held approximately $46 thousand Canadian dollars ($34 thousand as presented to U.S.
+Added: December 31, 2019, the Company held approximately $30 thousand Canadian dollars ($24 thousand as presented into U.S.
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.