1 unchanged sentence
The primary objective of our investment activities is preservation of capital, with the secondary objective of maximizing income.
−Removed: As of June 30, 2021, we had cash and cash equivalents of $2.1 billion, $47.9 million in restricted cash and working capital of $703.5 million.
+Added: As of September 30, 2021, we had cash and cash equivalents of $1.9 billion, $9.8 million in restricted cash and working capital of $420.8 million.
Our exposure to market risk is primarily confined to our investment portfolio, which historically has been classified as available-for-sale.
7 unchanged sentences
We have two foreign consolidated subsidiaries, Novavax AB, which is located in Sweden, and Novavax CZ, which is located in the Czech Republic.
−Removed: A 10% decline in the exchange rate between the U.S.
−Removed: dollar and Swedish Krona would result in a decline of stockholders’ equity of approximately $8 million as of June 30, 2021.
−Removed: A 10% decline in the exchange rate between the U.S.
−Removed: dollar and Czech Koruna would result in a decline of stockholders’ equity of approximately $5 million as of June 30, 2021.
+Added: A 10% decline in the foreign exchange rate between the U.S.
+Added: dollar and Swedish Krona would result in a decline of stockholders’ equity of approximately $5.2 million as of September 30, 2021.
+Added: A 10% decline in the foreign exchange rate between the U.S.
+Added: dollar and Czech Koruna would result in a decline of stockholders’ equity of approximately $6.0 million as of September 30, 2021.
Our Notes have a fixed interest rate, and we have no additional material debt.
1 unchanged sentence
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.