3 unchanged sentences
Our exposure to market risk is confined to our cash and cash equivalents.
−Removed: As of June 30, 2021, our cash and cash equivalents consisted primarily of investments in treasury securities.
+Added: As of September 30, 2021, our cash and cash equivalents consisted primarily of investments in treasury securities.
We do not engage in any hedging activities against changes in interest rates.
−Removed: Due to the short-term duration of our investment portfolio and the low risk profile of our investments, we would not expect our operating results or cash
−Removed: flows to be affected to any significant degree by the effect of a sudden change in market interest rates or credit conditions on our securities portfolio.
+Added: Due to the short-term duration of our investment portfolio and the low risk profile of our investments, we would not expect our operating results or cash flows to be affected to any significant degree by the effect of a sudden change in market interest rates or credit conditions on our securities portfolio.
We may, however, require additional financing to fund future obligations and no assurance can be given that the terms of future sources of financing will not expose us to material market risk.
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.