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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2024-03-26 compared with 2023-03-31 · 1 added, 1 removed, 16 unchanged (11% of the section changed)
1 unchanged sentence
Our market risk consists principally of interest rate risk on our cash and cash equivalents.
−Removed: Our exposure to market risk is limited primarily to interest income sensitivity, which is affected by changes in interest rates, particularly because our current liquid assets at December 31, 2022 were held in cash and cash equivalents.
+Added: Our exposure to market risk is limited primarily to interest income sensitivity, which is affected by changes in interest rates, particularly because our current liquid assets at December 31, 2023 were held in cash and cash equivalents.
Our investment policy restricts our investments to high-quality investments and limits the amounts invested with any one issuer, industry, or geographic area.
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.