CXDO — what changed in the latest 10-Q
A section-by-section comparison of CXDO'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 · 2026-05-05 vs the prior 10-Q · 2025-11-04
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +35 | −74 | ~27 | 54 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| 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 | ~2 | 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 · 2026-05-05
The increase in total revenue is due to acquired revenue contributed by our acquisition of ESI on March 1, 2026 of $2,099, an increase in product revenue of $1,117, an increase in software solutions revenue of $855, and increase in service revenue of $582.
The decrease in income before income taxes is primarily related to an increase in operating expense of $5,363 offset by an increase in revenue of $4,653 and an increase in other income of $102. The increase in revenue is related to organic growth from existing customers and new customers, and acquir…
(1) For the three months ended March 31, 2026 and 2025, employer payroll tax expense related to share-based compensation was $6 and $72, respectively.
The increase in service revenue is due to an increase in telecommunications services fees of $479, an increase in fees, commissions, and other, recognized over time of $188, an increase in sales-type lease interest of $32, offset by a decrease in one-time fees, commission and other of $117. Addition…
The increase is directly related to an increase in product revenue for the quarter, and additional cost of product revenue of $154 contributed by our March 1, 2026 acquisition of ESI.
Text removed vs the prior filing · source: 10-Q · 2025-11-04
The increase in total revenue is due to an increase in software solutions revenue of $1,661, an increase in service revenue of $616, offset by a decrease in product revenue of $407.
The increase in income/(loss) before income tax is primarily related to an increase in revenue of $1,870 and an increase in other income/(expense) of $129, offset by an increase in operating expenses of $700. The increase in revenue is related to organic growth from new and existing customers. The i…
The decrease in income tax provision is due to the quarterly impact of the tax provision adjustment.
Nine months ended September 30, 2025 compared to nine months ended September 30, 2024
Total revenue consists of service revenue, software solutions revenue, and product revenue. The following table reflects our service revenue for the nine months ended September 30, 2025, compared to the nine months ended September 30, 2024:
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