Quantitative and Qualitative Disclosures About Market Risk.
−Removed: Our cash, cash equivalents, and short-term investments of $159.1 million as of September 30, 2020 consist of U.S.
+Added: Our financial instruments consist primarily of cash equivalents and short-term investments.
+Added: Our cash equivalents as of March 31, 2021 consisted of money market accounts that have contractual maturities of less than 90 days from the date of acquisition.
+Added: Our short-term investments as of March 31, 2021 consist of U.S.
Government Agency and Treasury Securities.
Due to the short-term maturities of our cash equivalents and short-term investments, and the fixed income nature of these investments, an immediate 10% change in interest rates would not have a material effect on the fair market value of our cash equivalents and short-term investments.
−Removed: As of September 30, 2020, the aggregate principal amount outstanding under the Athyrium Credit Facility was $75.0 million, which bears interest at a fixed rate of 9.875% per annum.
+Added: As of March 31, 2021 and 2020, the aggregate principal amount outstanding under the Athyrium Credit Facility was $75.0 million, which bears interest at a fixed rate of 9.875% per annum.
+Added: On May 4, 2021, we utilized substantially all of the proceeds from the tranche A loan under the Loan Agreement to repay in full all outstanding amounts owed under Athyrium Credit Facility.
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.