3 unchanged sentences
Financial instruments that potentially subject us to significant concentrations of credit risk consist primarily of cash and cash equivalents.
−Removed: As of December 31, 2022, we had approximately $100.0 million in cash, cash equivalents and marketable securities.
−Removed: We invest our cash primarily in money market accounts, but from time to time may invest in commercial paper and debt instruments of financial institutions, corporations, U.S.
−Removed: government-sponsored agencies and the U.S.
+Added: As of December 31, 2023, we had approximately $141.5 million in cash, cash equivalents and marketable securities.
+Added: We invest our cash primarily in money market accounts, certificates of deposit, commercial paper and debt instruments of U.S.
+Added: government-sponsored agencies, the U.S.
+Added: Treasury, financial institutions, and corporations.
The primary objectives of our investment activities are to ensure liquidity and to preserve principal while at the same time maximizing the income we receive from our marketable securities without significantly increasing risk.
3 unchanged sentences
Inflation generally may affect us by increasing our cost of labor and clinical trial costs.
−Removed: Inflation has not had a material effect on our business, financial condition or results of operations during the years ended December 31, 2022 or 2021.
+Added: Inflation did not have a material effect on our business, financial condition or results of operations during the year ended December 31, 2023.
Foreign Currency Exchange Risk
4 unchanged sentences
We cannot predict any future trends in the rate of inflation in Israel or the rate of devaluation, if any, of the NIS against the dollar.
−Removed: For example, the dollar appreciated against the NIS during 2022 by a total of 11.9%.
+Added: For example, the dollar appreciated against the NIS during 2023 by a total of 2.4%.
If the dollar cost of our operations in Israel increases, our dollar-measured results of operations will be adversely affected.
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.