FBCD — what changed in the latest 10-Q
A section-by-section comparison of FBCD'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 · 2013-06-25 vs the prior 10-Q · 2013-04-24
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +15 | −28 | ~29 | 136 |
| Market risk (Item 3) | Text added/removed | +15 | −28 | ~29 | 135 |
| Controls & procedures | Text added/removed | +15 | −28 | ~29 | 135 |
| Legal proceedings | Text added/removed | +15 | −28 | ~29 | 135 |
| Risk factors | Some risk factors updated | +15 | −28 | ~29 | 135 |
| Other information | Text added/removed | +15 | −28 | ~29 | 135 |
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 · 2013-06-25
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
During the period of February 1, 2013 and April 30, 2013, the Company issued 3,111,662 shares of common stock to a consultant in return for the reduction of $32,432 in amounts owed for services performed between June 26, 2012 and September 1, 2012.
For the three and nine months ended April 30, 2013 and 2012, we generated a small amount ($160) of revenue from the sale of our inventory of Flowboard, skateboards and Snow Skates purchased from Sport Technology, Inc. at the end of the previous quarter. Our Cost of Sales associated with these sales …
Our net loss for the three and nine months ended April 30, 2013 was $796,478 and $892,884 compared to $83,406 and 251,711 for the comparative three and nine months ended April 30, 2012. Our net loss was greater this year due to non-cash stock compensation ($86,000 vs prior year, in the amount of $17…
Net cash provided by (used in) operating activities was ($95,995) and (145,480) for the nine months ending April 30, 2013 and 2012, respectively. Cash was used primarily to meet the administrative requirements. Our operating negative cash flows have been funded through convertible debt financings, p…
Text removed vs the prior filing · source: 10-Q · 2013-04-24
For the Three and Six Months Ended January 31, 2013 and 2012
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
We are in the development stage and have not yet realized any revenues from our planned operations, but we anticipate we will have revenues in our fiscal year ended July 31, 2013, beginning with our quarter ended April 30, 2013. Our business plan is to continue to sell our existing inventory of Flow…
For the three and six months ended January 31, 2013, we did not generate any revenue. As a result our selling, general and administrative expenses do not contain any costs of sales. With our lack of revenues and our expenses for the three and six months January 31, 2013, we had a net loss of $73,640…
Our net loss for the six months ended January 31, 2013 was $96,406 compared to $168,305. Our net loss was less this year due to non-cash stock compensation, in the amount of $17,221 during 2012.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2013-06-25
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
During the period of February 1, 2013 and April 30, 2013, the Company issued 3,111,662 shares of common stock to a consultant in return for the reduction of $32,432 in amounts owed for services performed between June 26, 2012 and September 1, 2012.
For the three and nine months ended April 30, 2013 and 2012, we generated a small amount ($160) of revenue from the sale of our inventory of Flowboard, skateboards and Snow Skates purchased from Sport Technology, Inc. at the end of the previous quarter. Our Cost of Sales associated with these sales …
Our net loss for the three and nine months ended April 30, 2013 was $796,478 and $892,884 compared to $83,406 and 251,711 for the comparative three and nine months ended April 30, 2012. Our net loss was greater this year due to non-cash stock compensation ($86,000 vs prior year, in the amount of $17…
Net cash provided by (used in) operating activities was ($95,995) and (145,480) for the nine months ending April 30, 2013 and 2012, respectively. Cash was used primarily to meet the administrative requirements. Our operating negative cash flows have been funded through convertible debt financings, p…
Text removed vs the prior filing · source: 10-Q · 2013-04-24
For the Three and Six Months Ended January 31, 2013 and 2012
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
We are in the development stage and have not yet realized any revenues from our planned operations, but we anticipate we will have revenues in our fiscal year ended July 31, 2013, beginning with our quarter ended April 30, 2013. Our business plan is to continue to sell our existing inventory of Flow…
For the three and six months ended January 31, 2013, we did not generate any revenue. As a result our selling, general and administrative expenses do not contain any costs of sales. With our lack of revenues and our expenses for the three and six months January 31, 2013, we had a net loss of $73,640…
Our net loss for the six months ended January 31, 2013 was $96,406 compared to $168,305. Our net loss was less this year due to non-cash stock compensation, in the amount of $17,221 during 2012.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2013-06-25
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
During the period of February 1, 2013 and April 30, 2013, the Company issued 3,111,662 shares of common stock to a consultant in return for the reduction of $32,432 in amounts owed for services performed between June 26, 2012 and September 1, 2012.
For the three and nine months ended April 30, 2013 and 2012, we generated a small amount ($160) of revenue from the sale of our inventory of Flowboard, skateboards and Snow Skates purchased from Sport Technology, Inc. at the end of the previous quarter. Our Cost of Sales associated with these sales …
Our net loss for the three and nine months ended April 30, 2013 was $796,478 and $892,884 compared to $83,406 and 251,711 for the comparative three and nine months ended April 30, 2012. Our net loss was greater this year due to non-cash stock compensation ($86,000 vs prior year, in the amount of $17…
Net cash provided by (used in) operating activities was ($95,995) and (145,480) for the nine months ending April 30, 2013 and 2012, respectively. Cash was used primarily to meet the administrative requirements. Our operating negative cash flows have been funded through convertible debt financings, p…
Text removed vs the prior filing · source: 10-Q · 2013-04-24
For the Three and Six Months Ended January 31, 2013 and 2012
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
We are in the development stage and have not yet realized any revenues from our planned operations, but we anticipate we will have revenues in our fiscal year ended July 31, 2013, beginning with our quarter ended April 30, 2013. Our business plan is to continue to sell our existing inventory of Flow…
For the three and six months ended January 31, 2013, we did not generate any revenue. As a result our selling, general and administrative expenses do not contain any costs of sales. With our lack of revenues and our expenses for the three and six months January 31, 2013, we had a net loss of $73,640…
Our net loss for the six months ended January 31, 2013 was $96,406 compared to $168,305. Our net loss was less this year due to non-cash stock compensation, in the amount of $17,221 during 2012.
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2013-06-25
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
During the period of February 1, 2013 and April 30, 2013, the Company issued 3,111,662 shares of common stock to a consultant in return for the reduction of $32,432 in amounts owed for services performed between June 26, 2012 and September 1, 2012.
For the three and nine months ended April 30, 2013 and 2012, we generated a small amount ($160) of revenue from the sale of our inventory of Flowboard, skateboards and Snow Skates purchased from Sport Technology, Inc. at the end of the previous quarter. Our Cost of Sales associated with these sales …
Our net loss for the three and nine months ended April 30, 2013 was $796,478 and $892,884 compared to $83,406 and 251,711 for the comparative three and nine months ended April 30, 2012. Our net loss was greater this year due to non-cash stock compensation ($86,000 vs prior year, in the amount of $17…
Net cash provided by (used in) operating activities was ($95,995) and (145,480) for the nine months ending April 30, 2013 and 2012, respectively. Cash was used primarily to meet the administrative requirements. Our operating negative cash flows have been funded through convertible debt financings, p…
Text removed vs the prior filing · source: 10-Q · 2013-04-24
For the Three and Six Months Ended January 31, 2013 and 2012
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
We are in the development stage and have not yet realized any revenues from our planned operations, but we anticipate we will have revenues in our fiscal year ended July 31, 2013, beginning with our quarter ended April 30, 2013. Our business plan is to continue to sell our existing inventory of Flow…
For the three and six months ended January 31, 2013, we did not generate any revenue. As a result our selling, general and administrative expenses do not contain any costs of sales. With our lack of revenues and our expenses for the three and six months January 31, 2013, we had a net loss of $73,640…
Our net loss for the six months ended January 31, 2013 was $96,406 compared to $168,305. Our net loss was less this year due to non-cash stock compensation, in the amount of $17,221 during 2012.
Risk factors
Text added vs the prior filing · source: 10-Q · 2013-06-25
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
During the period of February 1, 2013 and April 30, 2013, the Company issued 3,111,662 shares of common stock to a consultant in return for the reduction of $32,432 in amounts owed for services performed between June 26, 2012 and September 1, 2012.
For the three and nine months ended April 30, 2013 and 2012, we generated a small amount ($160) of revenue from the sale of our inventory of Flowboard, skateboards and Snow Skates purchased from Sport Technology, Inc. at the end of the previous quarter. Our Cost of Sales associated with these sales …
Our net loss for the three and nine months ended April 30, 2013 was $796,478 and $892,884 compared to $83,406 and 251,711 for the comparative three and nine months ended April 30, 2012. Our net loss was greater this year due to non-cash stock compensation ($86,000 vs prior year, in the amount of $17…
Net cash provided by (used in) operating activities was ($95,995) and (145,480) for the nine months ending April 30, 2013 and 2012, respectively. Cash was used primarily to meet the administrative requirements. Our operating negative cash flows have been funded through convertible debt financings, p…
Text removed vs the prior filing · source: 10-Q · 2013-04-24
For the Three and Six Months Ended January 31, 2013 and 2012
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
We are in the development stage and have not yet realized any revenues from our planned operations, but we anticipate we will have revenues in our fiscal year ended July 31, 2013, beginning with our quarter ended April 30, 2013. Our business plan is to continue to sell our existing inventory of Flow…
For the three and six months ended January 31, 2013, we did not generate any revenue. As a result our selling, general and administrative expenses do not contain any costs of sales. With our lack of revenues and our expenses for the three and six months January 31, 2013, we had a net loss of $73,640…
Our net loss for the six months ended January 31, 2013 was $96,406 compared to $168,305. Our net loss was less this year due to non-cash stock compensation, in the amount of $17,221 during 2012.
Other information
Text added vs the prior filing · source: 10-Q · 2013-06-25
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
During the period of February 1, 2013 and April 30, 2013, the Company issued 3,111,662 shares of common stock to a consultant in return for the reduction of $32,432 in amounts owed for services performed between June 26, 2012 and September 1, 2012.
For the three and nine months ended April 30, 2013 and 2012, we generated a small amount ($160) of revenue from the sale of our inventory of Flowboard, skateboards and Snow Skates purchased from Sport Technology, Inc. at the end of the previous quarter. Our Cost of Sales associated with these sales …
Our net loss for the three and nine months ended April 30, 2013 was $796,478 and $892,884 compared to $83,406 and 251,711 for the comparative three and nine months ended April 30, 2012. Our net loss was greater this year due to non-cash stock compensation ($86,000 vs prior year, in the amount of $17…
Net cash provided by (used in) operating activities was ($95,995) and (145,480) for the nine months ending April 30, 2013 and 2012, respectively. Cash was used primarily to meet the administrative requirements. Our operating negative cash flows have been funded through convertible debt financings, p…
Text removed vs the prior filing · source: 10-Q · 2013-04-24
For the Three and Six Months Ended January 31, 2013 and 2012
Historically, FBC Holdings, Inc., a Nevada corporation (the "Company"), was incorporated as Wave Uranium Holding and its business was to acquire mineral land positions. In October 2009 the Company was re-domiciled as a Nevada corporation under the name FBC Holding Corp. On July 21, 2009, the Company…
We are in the development stage and have not yet realized any revenues from our planned operations, but we anticipate we will have revenues in our fiscal year ended July 31, 2013, beginning with our quarter ended April 30, 2013. Our business plan is to continue to sell our existing inventory of Flow…
For the three and six months ended January 31, 2013, we did not generate any revenue. As a result our selling, general and administrative expenses do not contain any costs of sales. With our lack of revenues and our expenses for the three and six months January 31, 2013, we had a net loss of $73,640…
Our net loss for the six months ended January 31, 2013 was $96,406 compared to $168,305. Our net loss was less this year due to non-cash stock compensation, in the amount of $17,221 during 2012.
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