ATLCL — what changed in the latest 10-Q
A section-by-section comparison of ATLCL'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 · 2026-08-06 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +4 | −3 | ~44 | 102 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 7 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | +2 | −4 | ~11 | 130 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
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 · 2026-08-06
Income Taxes. We experienced effective tax rates of 24.7%, and 24.6% for the three and six months ended June 30, 2026, respectively compared to 24.4% and 24.0% for the three and six months ended June 30, 2025.
The following discussion of our managed receivables includes the aforementioned acquisition of Mercury and its portfolio of approximately $3,054.3 million (as of June 30, 2026) in general purpose credit card receivables. Mercury’s operating results are included for all periods subsequent to the Sept…
During the six months ended June 30, 2025, we sold 200,000 common shares under the Company’s Common Stock ATM Program for net proceeds of $11.6 million. No shares were sold under the Company's Common Stock ATM Program for the three and six months ended June 30, 2026 or for the three months ended Jun…
• impacts due to delays or interruptions associated with ongoing system conversions;
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Income Taxes. We experienced effective tax rates of 24.4% and 23.6% for the three months ended March 31, 2026, and 2025, respectively.
The following discussion of our managed receivables includes the aforementioned acquisition of Mercury and its portfolio of approximately $3,078.7 million (as of March 31, 2026) in general purpose credit card receivables. As we acquired the receivables on September 11, 2025, the financial impact of …
During the three months ended March 31, 2026 and 2025, we sold 0 common shares and 200,000 common shares, respectively, under the Company’s Common Stock ATM Program for net proceeds of $0.0 million and $11.6 million, respectively.
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-06
Failure to realize the expected benefits of our acquisition of Mercury or to integrate successfully Mercury's business could adversely affect our business and the value of our securities. Although we expect significant benefits to result from the acquisition of Mercury, we may not actually realize a…
We operate in a highly competitive industry, and our inability to compete successfully would materially and adversely affect our business, results of operations, financial condition, and future prospects. We operate in a highly competitive and dynamic industry. We face competition from a variety of …
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Failure to realize the expected benefits of our acquisition of Mercury could adversely affect our business and the value of our securities.
Although we expect significant benefits to result from the acquisition of Mercury, we may not actually realize any of them or realize them within the anticipated timeframe. Achieving these benefits will depend, in part, on our ability to integrate Mercury's business successfully and efficiently. The…
We operate in a highly competitive industry, and our inability to compete successfully would materially and adversely affect our business, results of operations, financial condition, and future prospects.
We operate in a highly competitive and dynamic industry. We face competition from a variety of players, including those who enable transactions and commerce via digital payments and consumer loans. Our primary competition consists of facilitators and providers of legacy payment and consumer loan met…
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