LAW — what changed in the latest 10-Q
A section-by-section comparison of LAW'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 · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +28 | −19 | ~6 | 38 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | +1 | −2 | 0 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | 0 | ~12 | 326 |
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 · 2026-08-05
As of June 30, 2026, we had $10.9 million of cash and cash equivalents and $90.5 million of short-term investments. We generated revenue of $43.1 million and $38.1 million in the three months ended June 30, 2026 and 2025, respectively, representing period-over-period growth of 13%. We generated reve…
We generated Adjusted EBITDA of $(3.4) million and $(2.7) million in the three months ended June 30, 2026 and 2025, respectively, and $(6.9) million and $(7.8) million in the six months ended June 30, 2026 and 2025, respectively. See the section titled “—Non-GAAP Financial Measure” for the definitio…
Our large base of customers, particularly those customers with significant annual ediscovery spend, large practice teams, and practices in legal areas with significant ediscovery needs, represents a significant opportunity for further sales expansion. We believe that we will be able to continue expa…
months ended June 30, 2026, 12% and 11% of our revenue was generated by customers outside of the United States, respectively. Operationally, we expect to continue to expand our global employee headcount in India.
We intend to continue to selectively pursue acquisitions and strategic investments that we believe can expand the functionality and value of our product offerings and bring talent to our company. We believe that the combination of our market leadership, deep legal expertise and powerful end-to-end p…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
As of March 31, 2026, we had $17.6 million of cash and cash equivalents and $85.4 million of short-term investments. We generated revenue of $41.9 million and $36.7 million in the three months ended March 31, 2026 and 2025, respectively,
representing a period-over-period growth of 14%. Our net loss was $9.6 million and $11.4 million for the three months ended March 31, 2026 and 2025, respectively.
We generated Adjusted EBITDA of $(3.5) million and $(5.1) million in the three months ended March 31, 2026 and 2025, respectively. See the section titled “—Non-GAAP Financial Measure” for the definition of Adjusted EBITDA, as well as a reconciliation of Adjusted EBITDA to net loss, the most directly…
Our large base of customers, particularly those customers with significant annual ediscovery spend, large practice teams, and practices in legal areas with significant ediscovery needs, represents a significant opportunity for further sales expansion. We believe that we will be able to continue expa…
more types of legal work so that customers can continue to centralize on our platform as the system of record and engagement for the legal function. Our ability to increase sales to existing customers will depend on a number of factors, including our customers’ satisfaction with our product offering…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-05
Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures as of June 30, 2026. Based on the evaluation of our disclosure controls and procedures as of June 30, 2026, our Chief Executive Off…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures as of March 31, 2026. Based on the evaluation of our disclosure controls
and procedures as of March 31, 2026, our Chief Executive Officer and Chief Financial Officer concluded that, as of such date, our disclosure controls and procedures were effective at the reasonable assurance level.
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