Quantitative and Qualitative Disclosures about Market Risk
−Removed: We have operations within the United States, the United Kingdom, Australia, and Singapore, and we are exposed to market risks in the ordinary course of our business, including the effects of interest rate changes and foreign currency fluctuations.
+Added: We have operations within the United States, the United Kingdom, Australia, Canada, Brazil, and Singapore, and we are exposed to market risks in the ordinary course of our business, including the effects of interest rate changes and foreign currency fluctuations.
Information relating to quantitative and qualitative disclosures about these market risks is described below.
2 unchanged sentences
Such amounts included cash deposits, money market funds, U.S.
−Removed: government securities, commercial paper, asset-backed securities, and corporate debt securities.
+Added: treasury securities, U.S.
+Added: agency securities , commercial paper, and corporate debt securities.
The fair value of our cash, cash equivalents, and marketable securities would not be significantly affected by either an increase or decrease in interest rates due to the short-term maturities of the majority of these instruments.
−Removed: Because we classify our marketable securities as “available-for-sale” and have not yet adopted ASU 2016-13 ( See Note 2 to our Consolidated Financial Statements “Summary of Significant Accounting Policies—New Accounting Standards Not Yet Adopted” for additional information), no gains or losses are recognized in the consolidated statement of operations and comprehensive loss due to changes in interest rates unless such securities are sold prior to maturity or declines in fair value are determined to be other-than-temporary.
We have the ability to hold all marketable securities until their maturities.
5 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.