ECVT — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-05

• •we are affected by general economic conditions and economic downturns;

• •our operations require us to comply with regulations of the U.S. government as well as the state and local governments where we operate;

• •alternative technology may reduce or eliminate the need for certain of our products;

• •other factors set forth in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 (the “Annual Report on Form 10-K”).

• The Company did not repurchase any of its common stock pursuant to the stock repurchase program during the three months ended March 31, 2025.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• •as a global business, we are exposed to local business risks in different countries;

• •are affected by general economic conditions and economic downturns;

• •exchange rate fluctuations could adversely affect our financial condition, results of operations and cash flows;

• •our international operations require us to comply with anti-corruption laws, trade and export controls and regulations of the U.S. government and various international jurisdictions in which we do business;

• •alternative technology or other changes in our customers’ products may reduce or eliminate the need for certain of our products;

Text added vs the prior filing · source: 10-Q · 2026-05-05

• No changes in our internal control over financial reporting occurred during the quarter ended March 31, 2026 that materially affected, or which are reasonably likely to materially affect, our internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• Notwithstanding the conclusion that the Company’s disclosure controls and procedures were not effective as of September 30, 2025, our Chief Executive Officer and Chief Financial Officer believe that the Company’s unaudited condensed consolidated financial statements included in this Quarterly Report…

• Material Weakness in Internal Control over Financial Reporting

• A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a company’s annual or interim financial statements will not be prevented or detected on a timely basis.

• A material weakness in relation to the Company’s controls over the accounting of its Zeolyst Joint Venture was identified as of December 31, 2024 and continues to exist as of September 30, 2025. The Company does not have sufficient controls designed to ensure its proportionate share of the earnings …

• We commenced a remediation plan with respect to this material weakness. In carrying out our plan, management modified existing key controls and implemented new key controls to ensure our proportionate share of the earnings from the Zeolyst Joint Venture are completely, accurately, and timely recorde…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• On October 30, 2025, our Board amended our Stock Repurchase Program to remove the limitation that all repurchases must be made within the four-year period from the date of original approval on April 27, 2022.