2 unchanged sentences
Our exposure to interest rate fluctuations relate primarily to our cash equivalents and short-term investments.
−Removed: We had cash and cash equivalents and short-term investments totaling $198.4 million and $247.3 million, respectively, as of September 30, 2022 and December 31, 2021, which were held for working capital purposes.
−Removed: Our cash equivalents are comprised of money market funds and government bonds, and our short-term investments are comprised of corporate bonds, government bonds, and asset-backed bonds.
+Added: We had cash and cash equivalents and short-term investments totaling $184.4 million and $179.6 million, respectively, as of March 31, 2023 and December 31, 2022, which were held for working capital purposes.
+Added: Our cash equivalents are comprised of money market funds and government bonds, and our short-term investments are comprised of corporate bonds and government and government agency securities.
Our investments are made for capital preservation purposes.
2 unchanged sentences
Foreign Currency Risk
−Removed: There was no material foreign currency risk for the nine months ended September 30, 2022 and 2021 since we operate primarily in the United States.
+Added: There was no material foreign currency risk for the three months ended March 31, 2023 and 2022 since we operate primarily in the United States.
Our operations in the United Kingdom are not considered significant.
2 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.