1 unchanged sentence
Our primary exposure to market risk is interest rate sensitivity, which is affected by changes in the general level of U.S.
−Removed: interest rates, particularly because our cash equivalents are in the form of money market funds that are invested in U.S.
+Added: interest rates, particularly because our cash equivalents are in the form of corporate bonds, commercial paper, and money market funds that are invested in U.S.
Treasury securities and our investments are in short-term marketable securities, such as corporate bonds and commercial paper.
−Removed: As of March 31, 2021, we had cash, cash equivalents, and marketable securities of $143.9 million.
+Added: As of June 30, 2021, we had cash, cash equivalents, and marketable securities of $125.6 million.
Interest income is sensitive to changes in the general level of interest rates;
4 unchanged sentences
We do not currently hedge our foreign currency exchange rate risk.
−Removed: As of March 31, 2021, we had minimal or no liabilities denominated in foreign currencies.
+Added: As of June 30, 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 months ended March 31, 2021 and 2020.
+Added: We do not believe that inflation had a material effect on our business, financial condition or results of operations during the three and six months ended June 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.