FNGR — what changed in the latest 10-Q
A section-by-section comparison of FNGR'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 · 2026-10-15 vs the prior 10-Q · 2026-07-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +64 | −15 | ~40 | 70 |
| Market risk (Item 3) | Text added/removed | +194 | −239 | ~87 | 171 |
| Controls & procedures | Text added/removed | +144 | −85 | ~79 | 154 |
| Legal proceedings | Text added/removed | +144 | −85 | ~79 | 154 |
| Risk factors | Some risk factors updated | +144 | −85 | ~79 | 154 |
| Other information | Text added/removed | +144 | −85 | ~78 | 154 |
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 · 2026-10-15
The Company announced an additional business plan on August 27, 2026, a strategic plan developed by new management with BlueFlare Energy Solutions Inc. (“BlueFlare”) for behind-the-meter (“BTM”) artificial intelligence (“AI”) and high-performance computing (“HPC”) infrastructure in North America.
The Company believes its new business model provides a reasonable foundation for a viable business by leveraging BlueFlare’s existing operating platform (site origination, on-site natural gas power generation, modular construction, load management and field operations), rather than building those ca…
Since we just recently embarked on this new business strategy, it is premature to comment upon potential revenue and expenses except to comment that this business is capital intensive and we do not expect to generate revenue from this new initiative until approximately nine months after a project is…
To date, we have disclosed the targets and goals we have set with respect to this new business - permitting of ten 9.9 MW sites by the end of the first quarter of 2027, first energization as early as late fourth quarter 2026, data-hall turnover on the order of 18 months from permit award—depend on c…
The Company is a Delaware-incorporated holding company and conducts a significant part of its operations through subsidiaries and contractual arrangements with affiliated entities in the PRC, including Shanghai JiuGe Information Technology Co., Ltd. (“JiuGe Technology”, “our VIE” or “the VIE”). The …
Text removed vs the prior filing · source: 10-Q · 2026-07-15
The Company has been organized as a holding company and conducts a significant part of its operations through subsidiaries and contractual arrangements with affiliated entities in the PRC, including Shanghai JiuGe Information Technology Co., Ltd. (“JiuGe Technology”, “our VIE” or “the VIE”). The Com…
On May 13, 2026, the Company entered into a securities purchase agreement with an institutional investor and issued a senior secured convertible note with an original principal amount of $5,000,000 and an original issue discount of $700,000. The note is convertible into shares of the Company’s commo…
Three Months Ended May 31, 2026 Compared to Three Months Ended May 31, 2025
Revenue from our Advanced Technology and Platform Solutions segment increased to $135,478 for the three-months ended May 31, 2026, compared to $109,241 for the three-months ended May 31, 2025. Revenue in this segment was primarily project-based and related to delivery and deployment activities under…
No revenue was generated from our Data and Analytics Platform Solutions segment during the three months ended May 31, 2026, compared to $27,310 for the prior year period. Activity in this segment remains limited and is currently conducted on a project basis.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-10-15
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited)
Shares Amount Par Value Receivable Options Deficit Income Equity Interest Total
Common stock issued for professional service — — — — — — — — — —
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Unaudited)
Effect of exchange rates on cash and cash equivalents (2,987) (23,717)
Text removed vs the prior filing · source: 10-Q · 2026-07-15
Less: Net loss attributable to the non-controlling interest (9,457) (14,205)
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Shares Amount of Par Value stock options Deficit Income equity interest Total
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-10-15
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited)
Shares Amount Par Value Receivable Options Deficit Income Equity Interest Total
Common stock issued for professional service — — — — — — — — — —
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Unaudited)
Effect of exchange rates on cash and cash equivalents (2,987) (23,717)
Text removed vs the prior filing · source: 10-Q · 2026-07-15
Less: Net loss attributable to the non-controlling interest (9,457) (14,205)
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Shares Amount of Par Value stock options Deficit Income equity interest Total
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-10-15
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited)
Shares Amount Par Value Receivable Options Deficit Income Equity Interest Total
Common stock issued for professional service — — — — — — — — — —
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Unaudited)
Effect of exchange rates on cash and cash equivalents (2,987) (23,717)
Text removed vs the prior filing · source: 10-Q · 2026-07-15
Less: Net loss attributable to the non-controlling interest (9,457) (14,205)
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Shares Amount of Par Value stock options Deficit Income equity interest Total
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-10-15
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited)
Shares Amount Par Value Receivable Options Deficit Income Equity Interest Total
Common stock issued for professional service — — — — — — — — — —
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Unaudited)
Effect of exchange rates on cash and cash equivalents (2,987) (23,717)
Text removed vs the prior filing · source: 10-Q · 2026-07-15
Less: Net loss attributable to the non-controlling interest (9,457) (14,205)
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Shares Amount of Par Value stock options Deficit Income equity interest Total
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Other information
Text added vs the prior filing · source: 10-Q · 2026-10-15
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited)
Shares Amount Par Value Receivable Options Deficit Income Equity Interest Total
Common stock issued for professional service — — — — — — — — — —
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Unaudited)
Effect of exchange rates on cash and cash equivalents (2,987) (23,717)
Text removed vs the prior filing · source: 10-Q · 2026-07-15
Less: Net loss attributable to the non-controlling interest (9,457) (14,205)
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
Shares Amount of Par Value stock options Deficit Income equity interest Total
Common Stock in Excess Paid-in capital Accumulated Comprehensive Stockholders’ Non-controlling
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