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 March 31, 2021 we had $75.9 million of cash and cash equivalents and marketable securities.
+Added: As of June 30, 2021 we had $129.3 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.
1 unchanged sentence
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.
−Removed: 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 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.
+Added: We have established
+Added: guidelines regarding approved investments and maturities of investments, which are designed to maintain safety and liquidity.
+Added: If a 10% change in interest rates were to have occurred on June 30, 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 months ended March 31, 2021 and 2020.
+Added: Inflation has not had a material effect on our business, financial condition or results of operations during the three months ended June 30, 2021.
Foreign Currency Exchange Risk
11 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.