4 unchanged sentences
Interest Rate Risk
−Removed: As of January 31, 2022, we had $1.7 billion of cash, cash equivalents, and short-term investments, which consist of money market funds and certificates of deposit.
+Added: As of January 31, 2023, we had $1.2 billion of cash, cash equivalents, and investments, which consist of money market funds, commercial paper, corporate notes and bonds and U.S.
+Added: government securities.
We also had $64.5 million of restricted cash as of January 31, 2023 primarily due to outstanding letters of credit established in connection with lease agreements for our facilities.
−Removed: Our cash, cash equivalents, and short-term investments are held for working capital purposes.
+Added: Our cash, cash equivalents, and investments are held for working capital purposes.
We do not enter into investments for trading or speculative purposes.
−Removed: We do not believe a 10% increase or decrease in interest rates would have resulted in a material impact to our operating results.
+Added: The effect of a hypothetical 100 basis point change in interest rates would not have had a material effect on the fair market value of our portfolio
+Added: as of January 31, 2023.
+Added: We therefore do not expect our results of operations or cash flows to be materially affected by a sudden change in market interest rates.
Foreign Currency Exchange Risk
−Removed: To date, all of our sales contracts have been denominated in U.S.
+Added: To date, primarily all of our sales contracts have been denominated in U.S.
dollars, therefore our revenue is not subject to foreign currency risk.
3 unchanged sentences
Foreign currency transaction gains and losses are recorded in other income (expense), net in the consolidated statements of operations.
−Removed: As the impact of foreign currency exchange rates has not been material
−Removed: to our historical operating results, we have not entered into derivative or hedging transactions, but we may do so in the future if our exposure to foreign currency becomes more significant.
−Removed: We do not believe a 10% increase or decrease in foreign exchange rates would have resulted in a material impact to our operating results.
+Added: As the impact of foreign currency exchange rates has not been material to our historical operating results, we have not entered into derivative or hedging transactions, but we may do so in the future if our exposure to foreign currency becomes more significant.
+Added: A hypothetical 10% adverse change in the U.S.
+Added: dollar against other currencies would have resulted in an increase in operating loss of approximately $9.7 million for fiscal 2023.
+Added: The hypothetical impact in fiscal 2022 and 2021 would not have been material.
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.