KUBR — what changed in the latest 10-Q
A section-by-section comparison of KUBR'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 · 2025-11-19 vs the prior 10-Q · 2025-08-19
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +4 | −3 | ~17 | 16 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 3 |
| 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 · 2025-11-19
For the nine months ended September 30, 2025 and 2024, we incurred interest expense, net of $22,847 and $38,291, respectively. We also recognized a loss from disposal of subsidiary $416,896 for the nine months ended September 30, 2024.
For the nine months ended September 30, 2025 and 2024, we incurred income tax expense of $155,513 and 395,426, respectively.
For the nine months ended September 30, 2025 and 2024, we generated net income of $3,097,101 compared to a net income of $1,493,682, respectively.
The significant increase in net income during the nine months ended September 30, 2025 is mainly due to the increase of formaldehyde treatment services and sales of wood panels during Q1 and Q2 of 2025.
Text removed vs the prior filing · source: 10-Q · 2025-08-19
For the Six months ended June 30, 2025 and 2024, we incurred interest expense, net of $16,729 and $37,308, respectively.
For the six months ended June 30, 2025 and 2024, we generated net income of $3,087,380 compared to a net income of $956,951, respectively.
The significant increase in net income during the six months ended June 30, 2025 is mainly due to the increase of formaldehyde treatment services and sales of wood panels.
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