What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2022-02-17 compared with 2021-02-17 · 1 added, 1 removed, 23 unchanged (8% of the section changed)

8 unchanged sentences

Our investment policy seeks to preserve the value of capital, consistent with maximizing return on our investments while maintaining adequate liquidity.

To achieve our investment objectives, we maintain a portfolio of various holdings, types and maturities and invest in securities that meet or exceed our investment policy standards, such as high credit quality debt securities.

To achieve our investment objectives, we maintain a portfolio of various holdings, types and maturities and invest in securities that meet or exceed our investment policy standards, focusing on high credit quality debt securities.

We continue to be exposed to interest rate risk related to our cash equivalents and marketable securities.

13 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.