BSCL — what changed in the latest 10-Q
A section-by-section comparison of BSCL'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 · 2026-08-14 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +17 | −10 | ~5 | 13 |
| Controls & procedures | Text added/removed | +1 | 0 | ~4 | 5 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 0 |
| 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.
Not shown (absent or not faithfully extractable): Market risk (Item 3)
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 · 2026-08-14
By written consent dated March 2, 2026, stockholders holding approximately 51.3% of the voting equity of the Company approved and ratified the following corporate actions (“Actions”): (i) changing the name of the Company to “BILI Social International, Inc.” (the “Name Change”); (ii) a reverse stock …
On June 9, 2026, the Board adopted charters for a Compensation Committee, Audit Committee, and Nominating and Corporate Governance Committee of the Board.
On June 9, 2026, the Board adopted a Code of Ethics, which establishes standards of ethical conduct applicable to the Company’s directors, officers, employees, and, where applicable, agents and representatives and an insider trading policy
On June 9, 2026, the Board approved an increase in the number of directorships of the Company from three to six, and appointed Robert Fotheringham, Zhenlong (Joe) Jiao and Henoc Muamba, as non-employee members of the Board to fill such vacancies. Messrs. Fotheringham, Jiao and Muamba are deemed to q…
Each of Messrs. Fotheringham, Jiao and Muamba will serve in the Company’s Audit Committee, Compensation Committee and Nominating and Governance Committee. The Chair of the Audit Committee will be Mr. Fotheringham, the Chair of the Compensation Committee will be Mr. Fotheringham, and the Chair of the…
Text removed vs the prior filing · source: 10-Q · 2026-05-15
We recorded operating expense of $303,858 for the three months ended March 31, 2026, compared to $155,645 for the three months ended March 31, 2025. The increase of operating expenses in 2026 was primarily attributable to payroll expenses and legal and professional expenses incurred for the expansio…
Other expense, net for the three months ended March 31, 2026 was $159 as compared to other income net of $1,406 for the three months ended March 31, 2026. The decrease in 2026 is the result of a decrease in interest income compared to 2025.
We recorded a net income of $50,654 for the three months ended March 31, 2026, compared to a net loss of $176,242 for the three months ended March 31, 2025. The shift from net loss to net income was primarily attributable to expansion of our business with the higher revenues generated and higher gro…
Liquidity and Capital Resources for the Three Months Ended March 31, 2026 and 2025
As of March 31, 2026, our cash and cash equivalents were $276,832. We believe that our existing cash and cash equivalents, along with cash generated from operations, will be adequate to meet our requirements for the next 12 months and for the foreseeable future, including working capital needs and c…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-14
As part of its remediation efforts, as reported on Form 8-K filed with the Commission June 11, 2026, on June 9, 2026, the Board (i) appointed three new independent directors, and (ii) adopted charters for a Compensation Committee, Audit Committee, and Nominating and Corporate Governance Committee of…
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