2 unchanged sentences
We are exposed to market risk from changes in interest rates, primarily related to our investments and our borrowings.
−Removed: The principal objectives of our investment activities are to preserve principal, provide liquidity and maximize income consistent with minimizing risk of material loss.
−Removed: The recorded carrying amounts of cash and cash equivalents approximate fair value due to their short maturities.
+Added: The principal objectives of our investment activities are to preserve principal, provide liquidity
+Added: and maximize income consistent with minimizing risk of material loss.
Our interest income is sensitive to changes in the general level of interest rates in the United States, particularly since our investments are generally short-term in nature.
4 unchanged sentences
Although we do not believe that inflation has had a material impact on our financial condition or results of operations to date, a high rate of inflation in the future may have an adverse effect on our ability to maintain and increase our gross margin, and on our sales and marketing and reimbursement expenses as a percentage of our revenue if the prices for our products do not increase as much or more than these increased costs.
−Removed: As of December 31, 2023 and 2022, our cash and cash equivalents were maintained with one financial institution in the United States.
+Added: As of December 31, 2024 and 2023, our cash was maintained with one financial institution in the United States.
We perform periodic evaluations of the relative credit standing of this financial institution and believe it has sufficient assets and liquidity to conduct its operations in the ordinary course of business with little or no credit risk to us.
−Removed: We have not experienced any losses on our cash or cash equivalents to date.
+Added: We have not experienced any losses on our cash to date.
Our accounts receivable primarily relate to revenue from the sale of our products to patients in the United States.
8 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.