Quantitative and Qualitative Disclosures About Market Risk.
−Removed: As of September 30, 2023, we had cash and cash equivalents of $11.2 million and a deposit for interest reserve of $5.3 million.
+Added: As of March 31, 2024, we had cash and cash equivalents of $4.1 million including cash, cash equivalents and market investments.
Our primary exposure to market risk is interest rate sensitivity, which is affected by changes in the general level of U.S.
interest rates.
−Removed: We are exposed to market risk related to the marketability of our Wugen common stock reported within Investments in the accompanying condensed balance sheet.
+Added: We are exposed to market risk related to the marketability of our Wugen common stock reported within Investments in the accompanying condensed interim balance sheet.
Until such time as these shares become publicly traded, we will have limited access to liquidity for these securities.
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.