2 unchanged sentences
We had cash and cash equivalents totaling $79.9 million as of December 31, 2022, the majority of which was invested in money market accounts.
−Removed: We also had marketable securities of $69.8 million which were invested in investment-grade corporate bonds, commercial paper and asset-backed securities.
+Added: We also had marketable securities of $105.9 million which were invested in investment-grade corporate bonds, commercial paper, asset-backed securities, U.S.
+Added: Treasury securities, and agency securities.
Such interest-earning instruments carry a degree of interest rate risk with respect to the interest income generated.
5 unchanged sentences
We do not enter into investments for trading or speculative purposes.
−Removed: We did not have any outstanding debt under our $40.0 million revolving credit line as of December 31, 2021.
−Removed: The line of credit carries a variable interest rate equal to the greater of (i) 4.75% and (ii) (x) at any time when the Streamline Period is not in effect, one and one-half of one percent (1.50%) above the prime rate and (y) at any time when the Streamline Period is in effect, the prime rate and is available through January 31, 2022.
−Removed: See “—Liquidity and Capital Resources—SVB Credit Facility.”
+Added: We did not have any outstanding debt during any of the periods presented under our $40.0 million revolving credit line which expired on January 31, 2022.
We have not been exposed to, nor do we anticipate being exposed to, material risks due to changes in interest rates.
15 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.