GWLL — what changed in the latest 10-Q
A section-by-section comparison of GWLL'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 · 2026-07-01
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +4 | −3 | ~10 | 16 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| 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 · 2026-08-14
For the six months ended June 30, 2026 and 2025, general and administrative expenses were $66,111 and $64,636 (as restated) respectively.
We recorded net losses of $38,876 and $30,300 (as restated), respectively, during the three months ended June 30, 2026 and 2025.
We recorded net losses of $54,482 and $68,836 (as restated), respectively, during the six months ended June 30, 2026 and 2025.
At June 30, 2026, we had a cash balance of $11,143, and total current liabilities of $100,000, consisting of unearned revenue. Our working capital balance at June 30, 2026, was $(398,195). We have sufficient cash on hand to fund our ongoing operational expenses through December 31, 2026.
Text removed vs the prior filing · source: 10-Q · 2026-07-01
At March 31, 2026, we have an outstanding related-party loan of $95,588.
We recorded net losses of $17,606 and $38,536, respectively, during the three months ended March 31, 2026 and 2025.
At March 31, 2026, we had a cash balance of $13,414, and total current liabilities of $100,000, consisting of unearned revenue. Our working capital balance at March 31, 2026, was $(361,319). We have sufficient cash on hand to fund our ongoing operational expenses through December 31, 2025.
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