5 unchanged sentences
To achieve our objectives, we maintain a portfolio of cash equivalents and investments in a variety of securities of high credit quality.
−Removed: We had cash, cash equivalents and marketable securities of $207.0 million and $133.5 million as of June 30, 2020 and December 31, 2019, respectively, which consisted of money market funds, commercial paper, corporate debt securities, asset-based securities and U.S.
+Added: We had cash, cash equivalents and marketable securities of $202.4 million and $133.5 million as of September 30, 2020 and December 31, 2019, respectively, which consisted of money market funds, commercial paper, corporate debt securities, asset-based securities and U.S.
government agency securities.
−Removed: Additionally, we had equity securities of $49.1 million as of June 30, 2020, consisting solely of common stock of Vaxcyte, which are subject to a lockup agreement through December 2020.
+Added: Additionally, we had equity securities of $78.8 million as of September 30, 2020, consisting solely of common stock of Vaxcyte, which are subject to a lockup agreement into December 2020.
Such interest earning instruments carry a degree of interest rate risk;
8 unchanged sentences
We do not believe that our cash, cash equivalents or marketable securities have significant risk of default or illiquidity.
−Removed: As of June 30, 2020 and December 31, 2019, we had $24.3 million and $9.9 million, respectively, in debt outstanding, net of debt discount.
+Added: As of September 30, 2020 and December 31, 2019, we had $24.4 million and $9.9 million, respectively, in debt outstanding, net of debt discount.
Our debt with Oxford and SVB bears interest at a floating per annum rate equal to the greater of (i) 8.07% or (ii) the sum of (a) the greater of (1) the thirty (30) day U.S.
4 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.