KPEA — what changed in the latest 10-Q
A section-by-section comparison of KPEA'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 · 2026-05-20
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +33 | −29 | ~28 | 23 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 6 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 8 |
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 · 2026-08-14
The Reverse Split was effective in the marketplace as of June 2, 2026. Pursuant to the Reverse Split, every ten (10) shares of the Company’s issued and outstanding common stock were automatically converted into one (1) share of common stock, thereby decreasing the Company’s issued and outstanding sh…
The Company’s common stock began trading on a Reverse Split-adjusted basis on the OTC Market at the opening of trading on June 2, 2026. The Company’s trading symbol remains “KPEA.” The CUSIP number for the Company’s common stock post-Reverse Split is 12672T 207.
For the three months ended June 30, 2026 and 2025, revenues amounted to $31,438 and $107,802, respectively. The following table presents revenues disaggregated by customer type for the three months ended June 30, 2026 and 2025:
We generated $76,364 or 70.8%, lower revenue for the three month period ended June 30, 2026 compared to the same period in 2025 due to a sharp decrease in equipment-based services. Our equipment-based service revenue decreased by $78,554, or 90.7%, primarily due to the deregistration of Kun Zhi Jian…
During the three months ended June 30, 2026, our cost of revenue from our retail sales increased in line with our increase in revenue and our cost for equipment-based services decreased as a result of the significant decrease in equipment-based service revenue and the corresponding reduction in equi…
Text removed vs the prior filing · source: 10-Q · 2026-05-20
As of the date of this Report, the Reverse Split has not been effected for trading purposes. The Reverse Split has resulted in (i) the reduction of our total issued and outstanding shares of Common Stock from 400,000,000 shares, with a par value of $0.0001 each, to 40,000,000 shares, with a par valu…
The following table presents revenues disaggregated by customer type for the three months ended March 31, 2026 and 2025:
We generated $586,833 or 96.3%, lower revenue for the three month period ended March 31, 2026 compared to the same period in 2025 due to a sharp decrease in equipment-based services. Our equipment-based service revenue decreased by $440,711 or 96.5% and retail product sales dropped by $146,122 or 95…
For the three months ended March 31, 2026 our overall gross loss and margin were $58,239, or 259.4%, whereas for the three months ended March 31, 2025, our overall gross profit and margin were $510,680 or 83.8%.
The decrease in our gross profit and margin for our retail business for the three months ended March 31, 2026 as compared to the three months ended March 31, 2025 was primarily due to deregistration of King Eagle (Huai’an) and Kun Zhi Jian (Huai’an) in 2025, market instability and weakened consumer …
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