3 unchanged sentences
We evaluate and manage the exposure to these market risks as follows:
−Removed: Cash Equivalents and Short-term Investments — We had cash equivalents of $45.6 million as of June 30, 2020 , which are subject to interest rate fluctuations.
+Added: Cash Equivalents and Short-term Investments — We had cash equivalents of $45.6 million as of September 30, 2020, which are subject to interest rate fluctuations.
An increase in interest rates could adversely affect the market value of our cash equivalents and short-term investments.
−Removed: A hypothetical 100 basis point increase in interest rates would not have material impact fair value of our cash equivalents and short-term investments as of June 30, 2020 .
+Added: A hypothetical 100 basis point increase in interest rates would not have material impact fair value of our cash equivalents and short-term investments as of September 30, 2020.
We limit our exposure to interest rate and credit risk by establishing and monitoring clear policies and guidelines for our cash equivalents and short-term investment portfolios.
8 unchanged sentences
dollar could cause our licenses to become relatively more expensive to customers in a particular country, leading to a reduction in sales or profitability in that country.
−Removed: The balance sheets of our subsidiaries may have monetary assets and liabilities denominated in currencies other than the primary currency of such business.
−Removed: For example, we have a deposit denominated in South Korean Won held in a subsidiary where the primary currency is the Euro.
−Removed: Fluctuations in currency exchange rates will result in foreign currency translation gains and losses, which are included in Interest and other income in our Condensed Consolidated Statements of Operations and Comprehensive Loss.
+Added: The balance sheets of our subsidiaries may have monetary assets and liabilities denominated in currencies other than the functional currency of such business.
+Added: For example, we have a deposit denominated in South Korean Won held in a subsidiary where the functional currency is the USD.
+Added: Fluctuations in currency exchange rates will result in foreign currency translation gains and losses, which are included in Interest and other income in our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).
In addition, the functional currency of our international subsidiaries is U.
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.