DRTTF — what changed in the latest 10-Q
A section-by-section comparison of DRTTF'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 · 2026-07-29 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +60 | −49 | ~18 | 27 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
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): Other information
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 · 2026-07-29
Revenue for the quarter ended June 30, 2026 was $40.3 million, an increase of $1.4 million or 4%, from $38.9 million for the same period of 2025.
During the first six months of 2025, various tariffs were levied by the U.S. and Canadian governments. The Company was most significantly impacted by the 50% tariff levied on Canadian aluminum exports to the U.S. which increased from 25% in June 2025. Following tariff revisions announced by the U.S.…
Reorganization expenses related to the deployment of the Transformation Office (as defined herein) for the three months ended June 30, 2026 included $1.1 million primarily related to termination benefits.
Net income after tax and net income margin for the second quarter of 2026 was $1.1 million and 2.6% of revenue, respectively, compared to $6.6 million net loss after tax and net loss margin of 17.0% for the same period of 2025. The increase in net income is primarily the result of a $3.2 million inc…
Cash on hand decreased by $0.2 million in the second quarter of 2026 to $14.8 million, compared to a $5.3 million decrease in cash in the second quarter of 2025. The decrease in cash in the second quarter of 2026 was driven by $0.9 million of net cash flows provided by operating activities, offset b…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Revenue for the quarter ended March 31, 2026 was $42.4 million, an increase of $1.1 million or 3%, from $41.3 million for the same period of 2025. We entered the first quarter of 2026 with twelve-month forward pipeline 20% higher as compared to January 1, 2025. The first quarter is historically a lo…
During the first three months of 2025, various tariffs were levied by the U.S. and Canadian governments. We incurred $2.0 million (4.7% of total revenue) in tariffs and costs related to tariff mitigation actions for the three months ended March 31, 2026 compared to $0.6 million tariff mitigation cos…
During the three months ended March 31, 2026, the Company undertook activities associated with the deployment of its Transformation Office (as defined herein). An aggregate of $2.4 million of associated costs were recognized as reorganization expenses in the three months ended March 31, 2026 primari…
Net loss after tax and net loss margin for the first quarter of 2026 was $3.3 million and 7.7% of revenue, respectively, compared to $0.7 million net loss after tax and net loss margin of 1.6% for the same period of 2025. The increase in net loss is primarily the result of a $1.5 million decrease in…
Cash on hand decreased by $5.3 million in the first quarter of 2026 to $15.0 million, compared to a $0.8 million decrease in cash in the first quarter of 2025. The decrease in cash in the first quarter of 2026 was driven by $12.1 million in repayment of the principal amount of the Company’s issued a…
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