10 unchanged sentences
Interest Rate Risk
−Removed: We invest our corporate cash in short-term interest earning assets, primarily in WisdomTree fixed income ETFs, federal agency debt instruments, corporate bonds, money market instruments at a commercial bank and other securities which totaled $36.0 million and $138.3 million as of December 31, 2020 and December 31, 2021, respectively.
−Removed: We do not anticipate that changes in interest rates will have a material impact on our financial condition, operating results or cash flows.
−Removed: In addition, our Convertible Notes bear interest at a fixed rate of 3.25% to 4.25%.
+Added: We invest our corporate cash in short-term interest earning assets, primarily in federal agency debt instruments, WisdomTree fixed income ETFs, U.S.
+Added: treasuries, corporate bonds, money market instruments at a commercial bank and other financial instruments which totaled $139.0 million and $127.4 million as of December 31, 2021 and 2022, respectively.
+Added: During the years ended December 31, 2021 and 2022, we recognized losses on these financial instruments of $3.7 million and $16.5 million, respectively, and any losses recognized in the future may be material to our operating results.
+Added: We do not anticipate that changes in interest rates will have a material impact on our financial condition or cash flows.
+Added: In addition, our Convertible Notes bear interest at fixed rates of 5.75%, 3.25% and 4.25% for the 2023 Notes, 2021 Notes and 2020 Notes, respectively.
Therefore, we have no direct financial statement risk associated with changes in interest rates.
5 unchanged sentences
dollar) for consolidation purposes.
−Removed: The advisory fees earned on our international listed ETPs are predominantly in U.S.
+Added: The advisory fees earned on our European listed ETPs are predominantly in U.S.
dollars (and also paid in gold ounces, as described below);
9 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.