2 unchanged sentences
These risks primarily relate to changes in interest rates.
−Removed: Our cash and cash equivalents as of March 31, 2021 consisted of cash and a money market fund account.
+Added: Our cash and cash equivalents as of June 30, 2021 consisted of cash and a money market fund account.
Because of the short-term nature of our money market fund, a sudden change in market interest rates would not be expected to have a material impact on our financial position or results of operations.
−Removed: As of March 31, 2021, the principal amount of our term loan was $9.2 million.
−Removed: The following table is an estimate of our interest expense based upon our floating rate term loan that could result from hypothetical interest rate changes, based on debt levels as of March 31, 2021:
+Added: As of June 30, 2021, the principal amount of our term loan was $7.9 million.
+Added: The following table is an estimate of our interest expense based upon our floating rate term loan that could result from hypothetical interest rate changes, based on debt levels as of June 30, 2021:
Hypothetical Change in Interest Rates (i)
9 unchanged sentences
Inflation would generally affect 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 during the three months ended March 31, 2021 and the year ended December 31, 2020.
+Added: We do not believe that inflation had a material effect on our business, financial condition or results of operations during the three and six months ended June 30, 2021 and the year ended December 31, 2020.
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.