ATEK — what changed in the latest 10-Q
A section-by-section comparison of ATEK's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-15 vs the prior 10-Q · 2025-12-31
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +12 | −11 | ~29 | 35 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | +1 | 0 | ~5 | 6 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-15
On March 19, 2026, the Company, Sponsor, and Ace Green Recycling entered into a First Amendment to Business Combination Agreement (the “First BCA Amendment”), pursuant to which the Business Combination Agreement was amended to (i) provide for additional earnout provisions for stockholders of Ace Gre…
On April 18, 2026, the Company and Ace Green Recycling entered into a Second Amendment to Business Combination Agreement (the “Second BCA Amendment”), pursuant to which the Business Combination Agreement, dated was amended to include a form of certificate of incorporation of New Ace Green reflecting…
On April 21, 2026, the Company and Ace Green Recycling entered into securities purchase agreements (the “PIPE Purchase Agreements”) with certain third-party investors (the “PIPE Investors”), pursuant to which, among other things, the PIPE Investors agreed to purchase (i) a total of 3,333,333 shares …
The Purchase Agreements provide that the closing of the PIPE Investment is expected to occur concurrently with the consummation of the Business Combination, subject to the satisfaction of customary closing conditions, including that the shares of New Ace Green common stock have received approval for…
The Purchase Agreements contain customary representations, warranties and agreements by Athena, Ace Green and the PIPE Investors, as well as customary indemnification provisions.
Text removed vs the prior filing · source: 10-Q · 2025-12-31
For the three months ended September 30, 2025, we had a net loss of $508,085, which consisted of operating expenses of $361,412 (which included return of capital subscription shares expense of $164,000), finance cost of $64,314 and income tax expense of $1,487, partially offset by a reversal of fran…
For the nine months ended September 30, 2025, we had a net loss of $959,779, which consisted of operating expenses of $1,732,026 (which included return of capital subscription shares expense of $164,000), subscription expense on event of default subscription share liability change of $0, finance cos…
For the three months ended September 30, 2024, we had a net loss of $314,920, which consisted of operating expenses of $467,928 and income tax expenses of $38,553, offset by interest income on investments held in the Trust Account of $191,561.
For the nine months ended September 30, 2024, we had a net loss of $1,151,865, which consisted of operating expenses of $1,656,769, finance cost of $59,940 and income tax expenses of $139,657, offset by interest income on investments held in the Trust Account of $704,501.
For the nine months ended September 30, 2025, cash used in operating activities was $660,423. Net loss of $959,779 was reduced by interest income on investments held in Trust Account of $107,453, increased by finance costs – amortization of debt issuance of $235,630 and reduced by return of capital …
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-15
During the process of preparing and filing the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, the Company identified a material weakness in internal control over financial reporting related to the valuation of its subscription shares liability, as controls were not adequa…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice