CPMD — what changed in the latest 10-Q
A section-by-section comparison of CPMD'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 · 2026-08-18 vs the prior 10-Q · 2026-05-20
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +97 | −106 | ~10 | 7 |
| Market risk (Item 3) | Text added/removed | +1 | −122 | 0 | 0 |
| Controls & procedures | Text added/removed | +17 | −122 | 0 | 0 |
| Legal proceedings | Text added/removed | +6 | −122 | 0 | 0 |
| Risk factors | Restated in full this quarter | +1 | 0 | 0 | 0 |
| Other information | Text added/removed | +1 | −122 | 0 | 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 · 2026-08-18
The following discussion and analysis of the Company’s financial condition and results of operations as at and for the three and six months ended June 30, 2026 and 2025 should be read together with the Company’s financial statements and related notes appearing elsewhere in this Quarterly Report on F…
In connection with, and because we desire to take advantage of, the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, we caution readers regarding certain forward-looking statements in the following discussion and elsewhere in this Report and in any other statement ma…
This Quarterly Report on Form 10-Q includes a number of “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements concerning anticipated financial results and developments of our operations in future periods that reflect manage…
· risks associated with the Company's history of losses and need for additional financing,
· risks associated with increased costs affecting its financial condition,
Text removed vs the prior filing · source: 10-Q · 2026-05-20
Management’s Discussion and Analysis of Financial Condition and Results of Operations/Plan of Operation
Preferred shares series A, $1.00 par value, 100,000 shares authorized, 74,416 issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series B, $1.00 par value, 3,000,000 shares authorized, 455,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series C, $1.00 par value, 100,000 shares authorized, 100,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
The accompanying notes are an integral part of these unaudited condensed interim consolidated financial statements.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-18
Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 45
Text removed vs the prior filing · source: 10-Q · 2026-05-20
Preferred shares series A, $1.00 par value, 100,000 shares authorized, 74,416 issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series B, $1.00 par value, 3,000,000 shares authorized, 455,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series C, $1.00 par value, 100,000 shares authorized, 100,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
The accompanying notes are an integral part of these unaudited condensed interim consolidated financial statements.
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-18
Our management, with the participation of our Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), has evaluated the effectiveness of our disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended…
These controls are designed to ensure that information required to be disclosed in the reports we file or submit pursuant to the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC, and that such informat…
Based on this evaluation, our CEO and CFO concluded that our disclosure controls and procedures were not effective as at June 30, 2026, solely due to the material weakness in internal control over financial reporting described below.
Our management, including our CEO and CFO, does not expect that our disclosure controls and procedures will prevent all error and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are…
During the quarter ended June 30, 2026, management continued its efforts to improve the Company's internal control over financial reporting and to remediate the material weakness described below. Remediation activities undertaken during the quarter included enhanced review procedures over significan…
Text removed vs the prior filing · source: 10-Q · 2026-05-20
Preferred shares series A, $1.00 par value, 100,000 shares authorized, 74,416 issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series B, $1.00 par value, 3,000,000 shares authorized, 455,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series C, $1.00 par value, 100,000 shares authorized, 100,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
The accompanying notes are an integral part of these unaudited condensed interim consolidated financial statements.
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-18
As part of the Company’s acquisition of AMS in 2018, the Company is working with legal counsel to determine whether it has claims against Steven Barber arising from his alleged default under the consulting agreement entered into in connection with the acquisition (the “Consulting Agreement”). In Jan…
No decision on whether to proceed on either of these situations has been reached as at the date of this Report, but the Company does not believe that these situations present a probability of material risk. As at June 30, 2026, the Company has an outstanding payable of $549,780 included in accounts …
On July 18, 2024, Deloitte filed a civil claim in the Alberta Court of Justice alleging a breach of contract. Deloitte was engaged by the Company to assist with fiscal year 2022 finance backfill and diagnostic services and, in accordance with a signed engagement letter dated August 29, 2022, perform…
The plaintiffs have filed a lawsuit against the Company alleging wrongful termination, related misconduct, and unpaid compensation. The plaintiffs seek $3 million in compensatory damages and an additional $3 million in punitive damages. During the six months ended June 30, 2026, the Company particip…
The Company issued two promissory notes to Astor Street LLC in January 2021 and granted Astor Street LLC a security interest in all of the Company’s present and after-acquired assets. Astor Street LLC commenced a claim to recover amounts owing of CAD $312,303 in April 2022 and obtained a default jud…
Text removed vs the prior filing · source: 10-Q · 2026-05-20
Preferred shares series A, $1.00 par value, 100,000 shares authorized, 74,416 issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series B, $1.00 par value, 3,000,000 shares authorized, 455,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series C, $1.00 par value, 100,000 shares authorized, 100,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
The accompanying notes are an integral part of these unaudited condensed interim consolidated financial statements.
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-18
Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 45
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-18
During the three and six months ended June 30, 2026, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is defined in Item 408(a) of Regulation S-K.
Text removed vs the prior filing · source: 10-Q · 2026-05-20
Preferred shares series A, $1.00 par value, 100,000 shares authorized, 74,416 issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series B, $1.00 par value, 3,000,000 shares authorized, 455,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
Preferred shares series C, $1.00 par value, 100,000 shares authorized, 100,000 shares issued and outstanding as at March 31, 2026 and December 31, 2025
The accompanying notes are an integral part of these unaudited condensed interim consolidated financial statements.
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
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