POSC — what changed in the latest 10-Q
A section-by-section comparison of POSC'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 · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −2 | ~14 | 53 |
| 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 |
| Other information | No paragraph-level changes | 0 | 0 | 0 | 2 |
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
Results of operations for the six months ending June 30, 2026 and 2025.
Revenues - Revenues for the six months ended June 30, 2026, were $222,822 as compared to $239,452 for the six months ended June 30, 2025. The slight decrease of $16,630 in revenue was based on a customer opting for time and materials service agreements vs fixed annual services agreement.
Costs of Sales - Costs of sales for the six months ended June 30, 2026, were $1,014,550, including payments of $238,352 in 2026, for additional equipment to ready a unit for sale, resulting in a corresponding inventory write-down of $238,352, as compared to $779,465 for the six months ended June 30,…
General and Administrative Expenses – The Company’s operating expenses were $1,377,142 for the six months ended June 30, 2026, compared to $2,107,474 for the six months ended June 30, 2025 was due to expanded sales and marketing, hardware/software upgrades to existing systems, business development, …
Other Expenses – During the six months ended June 30, 2026 and 2025, the Company recorded other expenses - net of $30,299 and $55,636, respectively. Other expenses include interest expense and other income includes interest income.
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Since inception, the Company has sustained substantial losses. Revenues have also fluctuated significantly from year to year. The Company had an accumulated deficit of $146,314,848 at March 31, 2026. The Company will need to continue to increase sales and/or rental of systems and services to achieve…
Net cash provided by (used in) financing activities was ($325,000) and $5,250,000 for the three months ended March 31, 2026, and 2025, respectively. During the three months ended March 31, 2026, cash from financing activities was comprised of $325,000 to repay debt owed to a related party. For the c…
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