CSUI — what changed in the latest 10-Q
A section-by-section comparison of CSUI'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 · 2026-10-15 vs the prior 10-Q · 2026-04-20
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +17 | −16 | ~2 | 9 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 5 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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): Risk factors
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 · 2026-10-15
Since June 2022, the Company has focused its business activities on real estate operations and has had no involvement in any aspect of the cannabis industry. In February 2023, the Company leased two properties from entities controlled by its CEO. The Company’s former third-party sublease at 2652 Bla…
For the three months ended August 31, 2026, the Company generated related-party rental revenue of $21,000 and incurred cost of rental revenue of $21,931, resulting in a gross loss of $931.
For the three months ended August 31, 2025, the Company generated no rental revenue and incurred no cost of rental revenue.
The increase in rental revenue reflects the new sublease with RLSH, LLC that became effective March 1, 2026. Cost of rental revenue represents the portion of lease expense for the 10 N Newnan Street premises attributable to the subleased space.
Total operating expenses for the three months ended August 31, 2026 were $42,384, consisting of professional fees of $14,000, depreciation expense of $1,061 and general and administrative expenses of $27,323.
Text removed vs the prior filing · source: 10-Q · 2026-04-20
Since June 2022, the Company has focused its efforts on real estate operations. We have no involvement in any aspect of the cannabis industry. In February 2023, we leased a commercial building from a company controlled by our CEO and subleased a portion of the building to a third party. The term of …
For the three and nine months ended February 28, 2026, the Company generated total revenue of $0. The cost of sales for the three and nine months ended February 28, 2026, were $0.
For the three and nine months ended February 28, 2025, the Company generated total revenue of $7,500 and $22,500, respectively. The cost of sales for the three and nine months ended February 28, 2025, were $7,356 and $22,068, respectively.
There was no revenue and related cost during the three and nine months ended February 28, 2026 due to the termination of the Company’s only sub-lease on February 28, 2025.
Total operating expenses for the three and nine months ended February 28, 2026, were $69,394 and $228,909, respectively. The operating expenses for the nine months ended February 28, 2026, included professional fees of $41,720; depreciation expense of $3,183 and general and administrative expenses o…
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