FUNI — what changed in the latest 10-Q
A section-by-section comparison of FUNI'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 · 2026-05-15 vs the prior 10-Q · 2026-02-17
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +11 | −6 | ~4 | 12 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 4 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
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
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 · 2026-05-15
General and administrative expenses for the three months ended March 31, 2026 were $114,389, compared to $95,467 during the three months ended March 31, 2025, an increase of $18,922, or 20%. General and administrative expenses increased primarily due to increased marketing expenses.
Results of Operations for the Six Months Ended March 31, 2026 and 2025:
The following table summarizes selected items from the statement of operations for the Six months ended March 31, 2026 and 2025.
General and administrative expenses for the six months ended March 31, 2026 were $300,265, compared to $1,150,578 during the six months ended March 31, 2025, a decrease of $850,313, or 74%. General and administrative expenses included non-cash, stock-based compensation of $48,800 and $968,356 during…
Professional fees for the six months ended March 31, 2026 were $595,148, compared to $823,848 during the six months ended March 31, 2025, a decrease of $228,700, or 28%. Professional fees included non-cash, stock-based compensation of $169,331 and $456,063 during the six months ended March 31, 2026 …
Text removed vs the prior filing · source: 10-Q · 2026-02-17
General and administrative expenses for the three months ended December 31, 2025 were $185,876, compared to $1,055,111 during the three months ended December 31, 2024, a decrease of $869,235, or 82%. General and administrative expenses included non-cash, stock-based compensation of $48,800 and $968,…
The following is a summary of the Company’s cash flows provided by (used in) operating, investing, and financing activities for the three months ended December 31, 2025 and 2024:
During the three months ended December 31, 2025, net cash used in operating activities was $150,248, compared to net cash used in operating activities of $7,952 for the same period ended December 31, 2024. The increase in net cash used in operating activities was primarily attributable to our increa…
During the three months ended December 31, 2025, net cash used in investing activities was $0, compared to $1,731 used in investing activities for the same period ended December 31, 2024. The cash used in investing activities for the prior period related to the purchase of fixed assets.
During the three months ended December 31, 2025, net cash provided by financing activities was $154,984, compared to net cash used in financing activities of $44,900 for the same period ended December 31, 2024. Cash provided by financing activities for the three months ended December 31, 2025 relate…
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