4 unchanged sentences
To achieve our objectives, we maintain a portfolio of investments in high-credit-quality securities.
−Removed: As of December 31, 2023, we had cash, cash equivalents and short-term investments o f $171.8 million.
+Added: As of December 31, 2024, we had cash, cash equivalents and short-term investments of $90.1 million.
In accordance with our investment policy, we invest funds in highly liquid, investment-grade securities.
−Removed: The securities in our investment portfolio are not leveraged and are classified as held-to-maturity.
+Added: The money market funds in our investment portfolio are not leveraged and are classified as available-for-sale.
We currently do not hedge interest rate exposure.
Because of the short-term maturities of our investments, we do not believe that an increase in market rates would have a material negative effect on the realized value of our investment portfolio.
−Removed: We actively monitor changes in interest rates and, with our current portfolio of short-term investments which we intend to hold to maturity, we are not exposed to significant loss due to changes in interest rates.
+Added: We actively monitor changes in interest rates and, with our current portfolio of short-term investments, we are not exposed to significant loss due to changes in interest rates.
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.