2 unchanged sentences
We are exposed to market risk related to changes in interest rates.
−Removed: Our primary exposure to interest rate risk results from the cash equivalents and marketable securities in our investment portfolio.
+Added: Our primary exposure to interest rate risk results from the cash equivalents and short-term investments in our investment portfolio.
Our primary objectives in managing our investment portfolio are to preserve principal, maintain proper liquidity to meet operating needs and maximize yields.
1 unchanged sentence
Currently, we do not hedge these interest rate exposures.
−Removed: As of December 31, 2023, our cash equivalents and marketable securities of $82.9 million primarily consisted of money market mutual funds and U.S.
+Added: As of December 31, 2024, our cash equivalents and short-term investments primarily consisted of money market mutual funds and U.S.
government and agency securities.
2 unchanged sentences
Inflation generally affects us by increasing our cost of labor and research and development contract costs.
−Removed: We do not believe inflation has had a material effect on our results of operations during the periods presented in OmniAb’s consolidated and combined financial statements included in this Annual Report.
+Added: We do not believe inflation has had a material effect on our consolidated financial statements included in this Annual Report.
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.