GNE — what changed in the latest 10-Q
A section-by-section comparison of GNE'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 · 2026-11-05 vs the prior 10-Q · 2026-08-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +11 | −12 | ~54 | 30 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 1 |
| Controls & procedures | Text added/removed | +1 | −1 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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): 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 · 2026-11-05
Customers A, B and C are utility companies offering POR program.
Meters served decreased by 11,000 between June 30, 2026 and September 30, 2026 due to higher average churn, including expiration of certain aggregation deals in the three months ended September 30, 2026 compared to the meter acquisitions. The increase in the number of meters served at September 30, …
Selling, General and Administrative. Selling, general and administrative expenses increased by 6.6% in the three months ended September 30, 2026 compared to the same period in 2025 due to increases in marketing costs and depreciation expenses partially offset by a decrease in warehousing costs. Mark…
Provision for Income Taxes. The reported tax rate for the three and nine months ended September 30, 2026 decreased compared to the same periods in 2025. The decrease is mainly due to (1) change in the mix of tax rates in the jurisdictions where we earned taxable income, (2) the amounts of deductions…
In September 2026, we received an incentive award payment of $2.3 million directly from New York State Research and Development Authority under the New York-Sun Megawatt Block incentive program related to solar array projects put into operations.
Text removed vs the prior filing · source: 10-Q · 2026-08-06
Although GRE endeavors to maintain best sales and marketing practices, such practices have been the subject of class action lawsuits in the past.
See Note 19, Commitments and Contingencies, in the Notes to Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q, which is incorporated by reference.
From time to time, the Company responds to inquiries or requests for information or materials from public utility commissions or other governmental regulatory or law enforcement agencies related to investigations under statutory or regulatory schemes. The Company cannot predict whether any of those …
Meters served decreased by 2,000 between March 31, 2026 and June 30, 2026. The increase in the number of meters served at June 30, 2026 compared to December 31, 2025 is due to new sales during the three months ended June 30, 2026 as customer acquisition increased as discussed above.
Selling, General and Administrative. Selling, general and administrative expenses increased by 42.2% in the three months ended June 30, 2026 compared to the same period in 2025 due to increases in marketing costs, employee-related costs, consulting fees and depreciation expenses. Marketing costs inc…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-11-05
Remediation. Management continues to implement the remediation plan and expects to complete the remaining remediation activities during 2026; however, the material weaknesses will not be considered remediated until the applicable controls have operated for a sufficient period and Management has conc…
Text removed vs the prior filing · source: 10-Q · 2026-08-06
Remediation. As previously described in Part II, Item 9A of the 2025 Form 10-K, we began implementing a remediation plan to address the material weaknesses mentioned above. The weaknesses will not be considered remediated, until the applicable controls operate for a sufficient period of time and man…
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