NGLD — what changed in the latest 10-Q
A section-by-section comparison of NGLD'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 · 2026-05-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +19 | −14 | ~31 | 45 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 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): Legal proceedings, 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
● future exploration results, mineral resources and expenditures on drilling/exploration;
● the impact of commodity prices, permitting, capital availability;
During the three months ended June 30, 2026, our operating expenses increased by $133,959, or 31%, to $562,624, compared with $428,665 for the three months ended June 30, 2025. Our largest expense item was associated with exploration expenses, which totaled $349,439, an increase of $245,483 compared…
On a year-to-date basis, our operating expenses decreased by $430,278, or 31%, to $947,622, compared with $1,377,900 for the six months ended June 30, 2025. Our largest expense item was associated with exploration expenses, which totaled $433,570, an increase of $58,930 compared with $374,640 incurr…
These increases were partially offset by lower consulting fees of $122,778, compared with $258,333 incurred during the comparative period, and lower investor awareness and marketing expenses of $54,644, which decreased by $487,482 from $542,126 incurred during the comparative period ended June 30, 2…
Text removed vs the prior filing · source: 10-Q · 2026-05-13
During the three months ended March 31, 2026, our operating expenses decreased by $564,237 or 59%, to $384,998 as compared to $949,235 for the three months ended March 31, 2025. Our largest expense item was associated with director and officer compensation of $128,117, representing an increase of $1…
In addition to the above expenses, we incurred $29,710 in investor awareness and marketing expenses, representing the largest decrease during the three months ended March 31, 2026, of $357,640, from $387,350 during the three months ended March 31, 2025. Our transfer agent and filing fees decreased b…
During the three months ended March 31, 2026, we recognized a $22,366 gain on fair value of investments in equity securities (March 31, 2025 – $1,834), which was mainly caused by the increase of market price of WRR Shares from CAD$0.24 per share at December 31, 2025, to CAD$0.305 per share at March …
During the three months ended March 31, 2026, we reported a net loss of $323,867, compared to a net loss of $882,270 during the same period in 2025. This decrease was primarily due to lower exploration activities, investor awareness, and marketing expenses, along with higher gains on fair value adju…
As of March 31, 2026, we had a cash balance of $5,162,642 and working capital of $3,960,396 with cash flows used in operations totaling $292,652 for the three months then ended. During the three months ended March 31, 2026, our operations were funded with cash on hand. The cash that we had on hand a…
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