2 unchanged sentences
interest rates, particularly because our cash equivalents are in the form of money market funds that are invested in U.S.
−Removed: Treasury securities.
−Removed: As of September 30, 2020, we had cash, cash equivalents, and marketable securities of $127.0 million.
+Added: Treasury securities and our investments are in short-term marketable securities, such as corporate bonds and commercial paper.
+Added: As of March 31, 2021, we had cash, cash equivalents, and marketable securities of $143.9 million.
Interest income is sensitive to changes in the general level of interest rates;
1 unchanged sentence
We are also exposed to market risk related to changes in foreign currency exchange rates.
−Removed: We contract with vendors that are located outside of the United States and certain invoices are denominated in foreign cur rencies.
+Added: We contract with vendors that are located outside of the United States and certain invoices are denominated in foreign currencies.
We are subject to fluctuations in foreign currency rates in connection with these arrangements.
We do not currently hedge our foreign currency exchange rate risk.
−Removed: As of September 30, 2020 , we had minimal or no liabilities denominated in foreign cu rrencies.
+Added: As of March 31, 2021, we had minimal or no liabilities denominated in foreign currencies.
Inflation generally affects us by increasing our cost of labor and clinical trial costs.
−Removed: We do not believe that inflation had a material effect on our business, financial condition or results of operations during the three and nine months ended September 30, 2020 and 2019.
+Added: We do not believe that inflation had a material effect on our business, financial condition or results of operations during the three months ended March 31, 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.