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, 2020, we had cash and cash equivalents of $424.4 million, $77.9 million in marketable securities, all of which are current, $107.2 million in restricted cash and working capital of $423.1 million.
+Added: As of September 30, 2020, we had cash and cash equivalents of $334.2 million, $169.9 million in marketable securities, all of which are current, $67.6 million in restricted cash and working capital of $432.0 million.
Our exposure to market risk is primarily confined to our investment portfolio, which historically has been classified as available-for-sale.
6 unchanged sentences
where we conduct the vast majority of our business activities.
−Removed: We have two foreign consolidated subsidiaries, Novavax AB, which is located in Sweden, and Praha Vaccines, which is located in the Czech Republic.
+Added: We have two foreign consolidated subsidiaries, Novavax AB, which is located in Sweden, and Novavax CZ (formerly Praha Vaccines a.s.), which is located in the Czech Republic.
A 10% decline in the exchange rate between the U.S.
−Removed: dollar and Swedish Krona would result in a decline of stockholders’ equity (deficit) of approximately $2.6 million at June 30, 2020.
+Added: dollar and Swedish Krona would result in a decline of stockholders’ equity (deficit) of approximately $3.3 million as of September 30, 2020.
A 10% decline in the exchange rate between the U.S.
−Removed: dollar and Czech Koruna would result in a decline of stockholders’ equity (deficit) of approximately $9.8 million at June 30, 2020.
+Added: dollar and Czech Koruna would result in a decline of stockholders’ equity (deficit) of approximately $10.1 million as of September 30, 2020.
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.