7 unchanged sentences
Interest Rate Risk.
−Removed: As of June 30, 2022, we had cash and cash equivalents and short-term investments of $117.2 million.
+Added: As of September 30, 2022, we had cash and cash equivalents and short-term investments of $116.1 million.
Cash and cash equivalents consisted of cash and highly liquid money market instruments and short-term investments consisted of U.S.
1 unchanged sentence
We would not expect our operating results or cash flows to be affected to any significant degree by the effect of a sudden change in market interest on our portfolio.
−Removed: A hypothetical increase in market interest rates of 100 basis points from the market rates in effect at June 30, 2022, would cause the fair value of these investments to decrease by an immaterial amount which would not have significantly impacted our financial position or results of operations.
−Removed: At June 30, 2022 and periodically throughout the year, we have maintained cash balances in various operating accounts in excess of federally insured limits.
+Added: A hypothetical increase in market interest rates of 100 basis points from the market rates in effect at September 30, 2022, would cause the fair value of these investments to decrease by an immaterial amount which would not have significantly impacted our financial position or results of operations.
+Added: At September 30, 2022 and periodically throughout the year, we have maintained cash balances in various operating accounts in excess of federally insured limits.
We limit the amount of credit exposure to any financial institution by evaluating the creditworthiness of the financial institutions with which we invest and investing through more than one financial institution.
6 unchanged sentences
The counterparty to these foreign currency forward contracts is a financial institution that we believe is creditworthy, and therefore, we believe the credit risk of counterparty non-performance is not significant.
−Removed: As of June 30, 2022, we had no outstanding forward contracts.
+Added: As of September 30, 2022, we had no outstanding forward contracts.
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.