1 unchanged sentence
Our exposure to market risk is primarily confined to our investment securities.
−Removed: The primary objective of our investment activities is to preserve our capital to fund operations.
+Added: The primary objective of our investment activities is to preserve our capital to fund operations, and we do not enter into financial instruments for trading or speculative purposes.
We also seek to maximize income from our investments without assuming significant risk.
To achieve our objectives, we maintain a portfolio of investments in high-credit-quality securities.
−Removed: As of September 30, 2022, we had cash, cash equivalents and short-term investments of $221.0 million.
+Added: As of March 31, 2023, we had cash, cash equivalents and short-term investments of $371.4 million.
In accordance with our investment policy, we invest funds in highly liquid, investment-grade securities.
4 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.