3 unchanged sentences
A majority of our customers enter into contracts that are denominated in U.S.
−Removed: Our expenses are generally denominated in the currencies of the countries where our operations are located, which is primarily in the United States and to a lesser extent in the United Kingdom, other Euro-zone countries within mainland Europe, Canada, Australia, Singapore and Japan.
+Added: Our expenses are generally denominated in the currencies of the countries where our operations are located, which is primarily in the United States and to a lesser extent in the United Kingdom, other Euro-zone countries within mainland Europe, Canada, Australia, Israel, Singapore and Japan.
Our results of operations and cash flows are, therefore, subject to fluctuations due to changes in foreign currency exchange rates and may be adversely affected in the future due to changes in foreign currency exchange rates.
2 unchanged sentences
The effectiveness of our existing hedging transactions and the availability and effectiveness of any hedging transactions we may decide to enter into in the future may be limited, and we may not be able to successfully hedge our exposure, which could adversely affect our financial condition and operating results.
−Removed: For further information, see Note 10, Derivatives and Hedging Activities , in the Notes to our Consolidated Financial Statements included in this Annual Report on Form 10-K.
+Added: For further information, see Note 2, Summary of Significant Accounting Policies, in the Notes to our Consolidated Financial Statements included in this Annual Report on Form 10-K.
As our international operations grow, we will continue to reassess our approach to manage our risk relating to fluctuations in foreign currency rates.
Interest Rate Risk
−Removed: As of December 31, 2020, we had cash and cash equivalents of $173.6 million consisting of bank deposits and money market funds and short- and long-term investments of $149.0 million consisting of U.S.
−Removed: Government agencies, commercial paper, corporate bonds, agency bonds and asset-backed securities.
+Added: As of December 31, 2021, we had cash and cash equivalents of $164.6 million consisting of bank deposits and money market funds and short- and long-term investments of $92.9 million consisting of commercial paper, U.S.
+Added: Government agencies, corporate bonds and agency bonds.
Our investments are made for capital preservation purposes.
13 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.