BLIS — what changed in the latest 10-Q
A section-by-section comparison of BLIS'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 · 2026-03-17 vs the prior 10-Q · 2025-12-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +11 | −9 | ~22 | 32 |
| Controls & procedures | Text added/removed | 0 | 0 | ~11 | 7 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 1 |
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): Market risk (Item 3), Risk factors, 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 · 2026-03-17
We have incurred recurring losses to date. At January 31, 2026, the Company’s had a working capital deficit of 1,643,789 which indicates that it is not able to cover its current liabilities with its current assets. These matters raise substantial doubt about the Company’s ability to continue as a go…
For the nine month period January 31, 2026 the Company incurred net losses of $1,889,563 versus net losses of $1,528,996, for nine month period ended January 31, 2025. The increase in net loss applicable to common stockholders of $360,567 during the nine month period ended January 31, 2026 was prima…
For the three month period ended January 31, 2026 the Company incurred net losses of $290,266 versus net losses of $639,212, for the three month period ended January 31, 2025. The decrease in net loss of $348,946 during the three month period ended January 31, 2026 was primarily due to decreases in …
During the three month period ended January 31, 2025, the Company had a loss from operations of discontinued operations of $0.
During the three month period ended January 31, 2026, net loss applicable to common stockholders was $290,266. During the three month period ended January 31, 2025, net loss applicable to common stockholders was $639,212. The decrease in net loss applicable to common stockholders of $348,946 during …
Text removed vs the prior filing · source: 10-Q · 2025-12-15
We have incurred recurring losses to date. Our consolidated financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be …
During the six month period ended October 31, 2025, net loss applicable to common stockholders was $1,599,297. During the six month period ended July 31, 2024, net loss applicable to common stockholders was $889,784.
During the three month period ended October 31, 2025, the Company had a loss from operations of discontinued operations of $0.
For the year ended three month period ended October 31, 2025 the Company incurred net losses of $897,416 versus net losses of $453,921, for the three month period ended October 31, 2024. The increase in net loss of $443,495 during the three month period ended October 31, 2025 was primarily due to in…
For the six months ended October 31, 2025 net cash flows used in operating activities was $442,699.
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