1 unchanged sentence
Interest rate sensitivity.
−Removed: As of December 31, 2021, we do not have any debt, and we are not holding any short-term investments, but we do hold $40.0 million of cash and cash equivalents in money market funds.
−Removed: Changes in yields on the money market funds are not expected to have a significant impact to our consolidated results of operations.
+Added: As of March 31, 2022, we do not have any debt, and we are not holding any short-term investments.
+Added: Our cash and cash equivalents balance of $84.3 million is maintained within various interest bearing and earnings allowance checking accounts.
+Added: Changes in interest rates on these checking accounts are not expected to have a significant impact to our consolidated results of operations.
Our investment policy requires us to invest funds in excess of current operating requirements.
7 unchanged sentences
dollars for reporting purposes, movements in exchange rates will affect reported results and net assets.
−Removed: Volatile market conditions arising from the COVID-19 pandemic may result in significant changes in exchange rates, which could affect our results of operations expressed in U.S.
+Added: Volatile market conditions arising from the COVID-19 pandemic and/or ongoing hostilities in Ukraine may result in significant changes in exchange rates, which could affect our results of operations expressed in U.S.
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.