15 unchanged sentences
Treasuries, U.S.
−Removed: Agencies, corporate bonds and municipal bonds and notes with maturities up to 36 months.
+Added: Agencies and corporate bonds with maturities up to 36 months.
However, the bias of our investment portfolio is shorter maturities.
12 unchanged sentences
Actual results may differ materially from this sensitivity analysis.
−Removed: The fair value of our convertible notes is subject to interest rate risk, market risk and other factors due to the convertible feature.
+Added: The fair value of our outstanding convertible notes is subject to interest rate risk, market risk and other factors due to the convertible feature.
The fair value of the convertible notes will generally increase as interest rates fall and decrease as interest rates rise.
−Removed: In addition, the fair value of the convertible notes will generally increase as our common stock price increases and will generally
−Removed: decrease as our common stock price declines in value.
+Added: In addition, the fair value of the convertible notes will generally increase as our common stock price increases and will generally decrease as our common stock price declines in value.
The interest and market value changes affect the fair value of our convertible notes but do not impact our financial position, cash flows or results of operations due to the fixed nature of the debt obligation.
+Added: All outstanding convertible notes were retired as of February 1, 2023.
We invoice the majority of our customers in U.S.
2 unchanged sentences
We monitor our foreign currency exposure;
−Removed: however, as of December 31, 2021, we believe our foreign currency exposure is not material enough to warrant foreign currency hedging.
+Added: however, we believe our foreign currency exposure is not material as of December 31, 2022.
Financial Statements and Supplementary Data
2 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.