Quantitative and Qualitative Disclosures About Market Risk.
−Removed: As of September 30, 2020, we had cash, cash equivalents and marketable securities of $127.2 million, consisting of cash, corporate bonds, commercial paper, money market accounts and U.S.
+Added: As of March 31, 2021, we had cash, cash equivalents and marketable securities of $115.7 million, consisting of cash, corporate bonds, commercial paper, money market accounts and U.S.
government debt securities.
2 unchanged sentences
interest rates.
−Removed: If market interest rates were to increase immediately and uniformly by 50 basis points, from levels as of September 30, 2020, the net fair value of our interest sensitive marketable securities would hypothetically decline by less than $0.1 million.
+Added: If market interest rates were to increase immediately and uniformly by 50 basis points, from levels as of March 31, 2021, the net fair value of our interest sensitive marketable securities would hypothetically decline by $0.1 million.
As we incur research expenses in foreign countries, we face exposure to movements in foreign currency exchange rates, primarily the Euro, British Pound and Australian dollar against the U.S.
1 unchanged sentence
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.