6 unchanged sentences
Interest Rate Sensitivity.
−Removed: We had cash, cash equivalents, short-term investments and long-term investments totaling $53.5 million at September 30, 2021.
+Added: We had cash, cash equivalents, short-term investments and long-term investments totaling $51.5 million at December 31, 2021.
These amounts were invested primarily in money market funds, certificates of deposit, government agency bonds and foreign government obligations.
2 unchanged sentences
Due to the short-term nature of these investments, we believe that we do not have any material exposure to changes in the fair value of our investment portfolio as a result of changes in interest rates.
−Removed: We believe a hypothetical 100 basis point increase or decrease in interest rates would not materially affect the fair
−Removed: value of our interest-sensitive financial instruments.
+Added: We believe a hypothetical 100 basis point increase or decrease in interest rates would not materially affect the fair value of our interest-sensitive financial instruments.
Declines in interest rates, however, will reduce future investment income.
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.