3 unchanged sentences
Interest rate risk
−Removed: We are exposed to market risk for changes in interest rates related primarily to our cash and cash equivalents, marketable securities and our indebtedness.
+Added: We are exposed to market risk for changes in interest rates related primarily to our cash and cash equivalents, marketable debt securities and our indebtedness.
As of December 31, 2022, we had cash and cash equivalents of $141.6 million held primarily in cash deposits and money market funds.
−Removed: Our marketable securities are held in U.S.
+Added: Our marketable debt securities are held in U.S.
government debt securities.
−Removed: As of December 31, 2021, we had short-term marketable securities of $440.5 million and long-term marketable securities of $698.0 million.
+Added: As of December 31, 2022, we had short-term marketable debt securities of $869.6 million.
Our primary exposure to market risk is interest income sensitivity, which is affected by changes in the general level of the interest rates in the United States.
9 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.