ERII — what changed in the latest 10-Q
A section-by-section comparison of ERII'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 · 2026-05-06 vs the prior 10-Q · 2025-11-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +72 | −95 | ~34 | 48 |
| Market risk (Item 3) | Text added/removed | 0 | −1 | ~10 | 42 |
| Controls & procedures | Text added/removed | 0 | −1 | ~10 | 42 |
| Legal proceedings | Text added/removed | 0 | −1 | ~10 | 42 |
| Risk factors | Text added/removed | 0 | −1 | ~10 | 42 |
| Other information | Text added/removed | 0 | −1 | ~10 | 42 |
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 · 2026-05-06
of the desalination, wastewater and emerging technologies segments. We continue to monitor and review our segment reporting structure in
During the three months ended March 31, 2026, we changed the composition of our reportable segments to better reflect how the
CODM manages the business. As a part of this change, the Water segment was separated into two segments, the Desalination segment and
the Wastewater segment. Prior periods have been recast to conform to the current year presentation.
A discussion regarding our financial condition and results of operations for the three months ended March 31, 2026, compared to the
Text removed vs the prior filing · source: 10-Q · 2025-11-05
metals and pollutants, and has also been applied to the development of our PX G1300® for use in the CO2 market.
technologies segments. We continue to monitor and review our segment reporting structure in accordance with authoritative guidance to
A discussion regarding our financial condition and results of operations for the three and nine months ended September 30, 2025,
compared to the three and nine months ended September 30, 2024, is presented below.
As a significant portion of our revenue is derived from large project contract deliveries that are between 16 to 36 months from contract
Market risk (Item 3)
Text removed vs the prior filing · source: 10-Q · 2025-11-05
•our belief that our PX G1300™ can contribute to help make CO2-based refrigeration more economically viable in a broader
Controls & procedures
Text removed vs the prior filing · source: 10-Q · 2025-11-05
•our belief that our PX G1300™ can contribute to help make CO2-based refrigeration more economically viable in a broader
Legal proceedings
Text removed vs the prior filing · source: 10-Q · 2025-11-05
•our belief that our PX G1300™ can contribute to help make CO2-based refrigeration more economically viable in a broader
Risk factors
Text removed vs the prior filing · source: 10-Q · 2025-11-05
•our belief that our PX G1300™ can contribute to help make CO2-based refrigeration more economically viable in a broader
Other information
Text removed vs the prior filing · source: 10-Q · 2025-11-05
•our belief that our PX G1300™ can contribute to help make CO2-based refrigeration more economically viable in a broader
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