2 unchanged sentences
We also seek to maximize income from our investments without assuming significant interest rate risk, liquidity risk, or risk of default by investing in investment grade securities with maturities of four years or less.
−Removed: Our exposure to market risk is confined to investments in cash and cash equivalents, marketable securities, and long term marketable securities.
−Removed: As of December 31, 2023, we had unrestricted cash and cash equivalents, marketable securities, and long term marketable securities of $271.5 million.
+Added: Our exposure to market risk is confined to investments in cash and cash equivalents, and marketable securities.
+Added: As of December 31, 2024, we had unrestricted cash and cash equivalents and marketable securities of $453.6 million.
We fully repaid the outstanding principal and interest on the 2023 Notes in April 2023.
27 unchanged sentences
We do not believe that inflation and changing prices over the years ended December 31, 2024, and 2023 had a significant impact on our consolidated results of operations.
+Added: While we expect significant year-to-year variability in labor and vendor service costs due to uncontrollable inflation factors like natural disasters, geopolitical conflicts, and government regulations, we strive to mitigate future price risks.
+Added: We do this by forming strong partnerships with key suppliers and our CMOs, and by directly managing the procurement and supply levels of key raw materials for our commercial products.
+Added: However, these efforts may not fully protect us from cost increases, which could adversely impact our profitability.
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.