BV — what changed in the latest 10-Q
A section-by-section comparison of BV'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 · 2026-08-04 vs the prior 10-Q · 2026-05-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +22 | −20 | ~35 | 44 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| 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 · 2026-08-04
our contracted services or impact the timing of performance. In our seasonal markets, the performance of our snow removal services is correlated with the amount of snowfall and number of snowfall events in a given season.
Other expense was $9.0 million for the three months ended June 30, 2026 compared to Other income of $0.7 million in the 2025 period. The increase of $9.7 was driven by the losses on the extinguishment of debt in connection with the Tenth Credit Agreement Amendment and the Eleventh Credit Agreement A…
Other expense was $8.9 million for the nine months ended June 30, 2026 compared to $0.1 million in the 2025 period. The change of $8.8 million was driven by the losses on the extinguishment of debt in connection with the Tenth Credit Agreement Amendment and the Eleventh Credit Agreement Amendment in…
Interest expense, net for the nine months ended June 30, 2026 increased $1.8 million, or 4.5%, to $42.1 million from $40.3 million in the 2025 period. The increase was driven by an increase in interest expense due to the impact of interest rate derivative contracts, a decrease in interest income ass…
an increase in the Company's outstanding debt balance, and an increase in finance lease interest. These were partially offset by lower interest expense caused by the decrease in interest rates as a result of the repricing of our Series B Term Loans in fiscal 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-05
Other expense was $0.1 million for the three months ended March 31, 2026 compared to expense of $0.8 million in the 2025 period. The decrease of $0.7 was driven principally by costs associated with the repricing of the Company's term loan in fiscal 2025.
There was no other expense for the six months ended March 31, 2026 compared to an expense of $0.7 million in the 2025 period. The expense in the 2025 period of $0.7 was driven principally by costs associated with the repricing of the Company's term loan in fiscal 2025.
Interest expense, net for the six months ended March 31, 2026 increased $0.3 million, or 1.1%, to $27.2 million from $26.9 million in the 2025 period. The increase was driven by a decrease in interest income associated with the decrease in the Company's cash and cash equivalents balance combined wit…
For the six months ended March 31, 2026, Income tax benefit was $4.6 million compared to $1.9 million in the 2025 period. The increase was primarily attributable to the change in Loss before income taxes.
For the six months ended March 31, 2026, Net loss was $13.5 million compared to a Net loss of $4.0 million in the 2025 period due to the changes noted above. Net loss as a percentage of revenue was 1.0% for the six months ended March 31, 2026 compared to 0.3% for the six months ended March 31, 2025.
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