12 unchanged sentences
Based on our $348.0 million of investments in money market funds, U.S.
−Removed: treasury notes, corporate bonds and municipal obligations as of March 31, 2023, an immediate 10% change in market interest rates would not have a material impact on the fair market value of our investment portfolio or on our financial position or results of operations.
−Removed: As of March 31, 2023, we had $197.0 million in borrowings outstanding.
+Added: treasury notes, corporate bonds and municipal
+Added: obligations as of June 30, 2023, an immediate 10% change in market interest rates would not have a material impact on the fair market value of our investment portfolio or on our financial position or results of operations.
+Added: As of June 30, 2023, we had $196.5 million in borrowings outstanding.
The Initial Term Loan bears interest at an interest rate equal to LIBOR (subject to a 1.00% floor) plus 6.50%.
−Removed: Based on the $197.0 million of principal outstanding as of March 31, 2023, an immediate 10% change in the LIBOR would not have a material impact on our debt-related obligations, financial position or results of operations.
+Added: Based on the $196.5 million of principal outstanding as of June 30, 2023, an immediate 10% change in the LIBOR would not have a material impact on our debt-related obligations, financial position or results of operations.
Foreign Currency Fluctuation Risk
4 unchanged sentences
Inflation generally affects us by increasing our cost of labor and clinical trial costs.
−Removed: We do not believe that inflation had a material effect on our business, financial condition or results of operations for the each of the three months ended March 31, 2023 and 2022.
+Added: We do not believe that inflation had a material effect on our business, financial condition or results of operations for each of the three and six months ended June 30, 2023 and 2022.
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.