GIFT — what changed in the latest 10-Q
A section-by-section comparison of GIFT'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 · 2026-11-03 vs the prior 10-Q · 2026-08-03
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +22 | −17 | ~43 | 48 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 7 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
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 · 2026-11-03
Our B2B division accounted for approximately 97% of our gross revenue in the three months ended September 30, 2026. We sell certificates and Discount Dining Passes to corporations and marketers, which use them to:
For the nine months ended September 30, 2026, we incurred interest expense, net of $340,708, as compared to interest expense, net of $484,362 for the nine months ended September 30, 2025. The decrease in interest expense was due to our decreased debt balances. In addition, for the nine months ended …
As reflected in the accompanying financial statements, for the nine months ended September 30, 2026, the Company recorded a net loss of $5,398,562 and used cash in operations of $1,033,604. Cash used in operations was primarily for working capital.
As of the issuance date of the financial statements included in this Quarterly Report on Form 10-Q, management expects that the Company’s existing cash of $3,945,212 might be insufficient to meet its cash requirements for the 12 months following the filing of this Quarterly Report on Form 10-Q.
Cash provided by or used in operating activities primarily consists of net loss adjusted for certain non-cash items, including amortization of intangible assets, and the fair value of common stock issued for directors, employees, and service providers, and the effect of changes in working capital an…
Text removed vs the prior filing · source: 10-Q · 2026-08-03
● “Specials by Restaurant.com,” which bundle Restaurant.com certificates with a variety of other entertainment options, including theatre, movies, wine, and travel. Customers have favored these bundled offerings (“Specials”), generating significantly higher revenue per customer than purchasing our o…
Our B2B division accounted for approximately 97% of our gross revenue in the three months ended June 30, 2026. We sell certificates and Discount Dining Passes to corporations and marketers, which use them to:
For the six months ended June 30, 2026, we incurred interest expense, net of $224,858, as compared to interest expense, net of $351,168 for the six months ended June 30, 2025. The decrease in interest expense was due to our decreased debt balances.
The following discussion and analysis of financial condition and results of operations is based upon the Company’s consolidated financial statements for the years ended December 31, 2024 and 2023 presented elsewhere in this report, which have been prepared in conformity with accounting principles ge…
As reflected in the accompanying financial statements, for the six months ended June 30, 2026, the Company recorded a net loss of $3,891,460 and used cash in operations of $310,447. Cash used in operations was primarily for working capital.
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