FOFA — what changed in the latest 10-Q
A section-by-section comparison of FOFA'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 · 2026-08-14 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +19 | −8 | ~30 | 71 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 2 |
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): Risk factors, 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 · 2026-08-14
On October 1, 2025, the FO Maryland entered into an Asset Purchase Agreement (“Agreement”) with Toone, in which the Company acquired certain assets of Toone. The aggregate purchase price for the acquired assets included a payable of $300,000 due May 1, 2027.
Subsequent to June 30, 2026, the Company sold 234,000 shares of common stock through the Company’s Regulation D offering to accredited investors at a price of $0.50 per share totaling $117,000.
During the six months ended June 30, 2026, the Company sold 290,000 shares of common stock through the Company’s Regulation D offering to accredited investors at a price of $0.50 per share totaling $145,000.
On January 1, 2026, the Company entered into an Agreement with Benson, in which the Company acquired certain assets of Benson. The aggregate purchase price for the acquired assets included an issuance of 100,000 of the Company’s common shares, valued at $10,000 (based on the estimated fair value of …
On January 15, 2025, as modified on August 12, 2025, the Company initiated a Regulation D offering to sell up to 10,000,000 common shares at a price of $0.10 per share. Holders of the common shares will have voting rights. As of June 30, 2026, a total of 6,550,000 common shares were sold to accredit…
Text removed vs the prior filing · source: 10-Q · 2026-05-15
On October 1, 2025, the FO Maryland entered into an Asset Purchase Agreement (“Agreement”) with Toone, in which the Company acquired certain assets of Toone. The aggregate purchase price for the acquired assets included a payable of $300,000 due May 1, 2027.
On January 1, 2026, the Company entered into an Agreement with Benson, in which the Company acquired certain assets of Benson. The aggregate purchase price for the acquired assets included an issuance of 100,000 of the Company’s common shares, valued at $10,000 (based on the estimated fair value of …
On January 15, 2025, as modified on August 12, 2025, the Company initiated a Regulation D offering to sell up to 10,000,000 common shares at a price of $0.10 per share. Holders of the common shares will have voting rights. As of March 31, 2026, a total of 9,650,000 common shares were sold to accredi…
On January 15, 2025, the Company granted a total of 3,000,000 warrants to purchase 3,000,000 shares of the Company’s common stock, with 1,500,000 warrants granted to Mr. Patrick Adams, the Company’s Acting CEO and 1,500,000 warrants granted to Mr. Ulderico Conte, Director of Acquisitions for consult…
On June 11, 2025, the Company granted a total of 1,500,000 warrants to purchase 1,500,000 shares of the Company’s common stock to third parties, valued at $99,476 (based on the Binomial valuation model on the date of grant). The option grants are exercisable for a period of five years at $0.10 per s…
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