3 unchanged sentences
Financial instruments that potentially subject us to significant concentrations of credit risk consist primarily of cash and cash equivalents and marketable securities.
−Removed: As of September 30, 2020 we had $125.5 million of cash and cash equivalents and marketable securities.
+Added: As of March 31, 2021 we had $75.9 million of cash and cash equivalents and marketable securities.
We invest our cash primarily in money market accounts, but also invest in commercial paper and debt instruments of financial institutions, corporations, U.S.
2 unchanged sentences
We have established guidelines regarding approved investments and maturities of investments, which are designed to maintain safety and liquidity.
−Removed: If a 10% change in interest rates were to have occurred on September 30, 2020, this change would not have had a material effect on the fair value of our cash and cash equivalents and marketable securities as of that date.
+Added: If a 10% change in interest rates were to have occurred on March 31, 2021, this change would not have had a material effect on the fair value of our cash and cash equivalents and marketable securities as of that date.
Inflation Risk
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 three and nine months ended September 30, 2020 and 2019.
+Added: Inflation has not had a material effect on our business, financial condition or results of operations during the three months ended March 31, 2021 and 2020.
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, although the dollar appreciated against the NIS in 2018 by 8.1%, the dollar depreciated against the NIS in 2019 by 7.8% .
+Added: For example, although the dollar appreciated against the NIS in 2018 by 8.1%, the dollar depreciated against the NIS during 2019 and 2020 by a total of 14.2%.
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.