3 unchanged sentences
We hold our cash and cash equivalents for working capital purposes.
−Removed: Our cash and cash equivalents are held in cash deposits, money market funds, and U.S government and agency securities.
−Removed: Our investments are held in commercial paper, corporate notes and bonds, municipal bonds, and U.S.
+Added: Our cash and cash equivalents are held in cash and checking deposits, money market funds, and U.S government and agency securities.
+Added: Our investments are held in corporate notes and bonds and U.S.
government and agency securities.
5 unchanged sentences
Concentration of Credit Risk
−Removed: We deposit our cash, restricted cash, cash equivalents and investments with financial institutions, and, at times, such balances may exceed federally insured limits.
−Removed: While the company has not experienced any losses in such accounts, the failure of Silicon Valley Bank (“SVB”), at which we held cash and cash equivalents in multiple accounts, exposed us to limited credit risk prior to the completion by the Federal Deposit Insurance Corporation of the resolution of SVB in a manner that fully protected all depositors.
−Removed: We are in the process of transferring our accounts to one or more additional depository institutions.
+Added: We deposit our cash, cash equivalents, restricted cash and investments with large, reputable financial institutions, and, at times, such balances may exceed federally insured limits.
Consolidated Financial Statements and Supplementary Data.
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.