PXLW — what changed in the latest 10-Q
A section-by-section comparison of PXLW'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 · 2026-08-11 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +15 | −12 | ~10 | 13 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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): Market risk (Item 3), 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 · 2026-08-11
Revenue recorded in the three and six months ended June 30, 2026 and 2025 was related to the category of services.
Cost of revenue recorded in the three and six months ended June 30, 2026 and 2025 was primarily related to remastering services performed in connection with the associated service revenue
Research and development expense increased $299, or 33%, in the second quarter of 2026 compared to the second quarter of 2025 and increased $294, or 16%, in the first half of 2026 compared to the first half of 2025. The increases in the 2026 periods compared to the 2025 periods were primarily due to…
Selling, general and administrative expense increased $386, or 22%, in the second quarter of 2026 compared to the second quarter of 2025 and increased $475, or 12%, in the first half of 2026 compared to the first half of 2025. The increases in the 2026 periods compared to the 2025 periods were prima…
During the three months ended June 30, 2026, we recorded $94 in restructuring expense related to the 2026 Plan, which primarily consisted of costs associated with dissolving an entity that was no longer necessary after the Sale. During the three months ended June 30, 2025, we did not record any rest…
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Revenue of $0.4 million recorded in the first quarter of 2026 was related to the category of services. We did not record revenue in the first quarter of 2025 related to our continuing operations.
Cost of revenue of $0.2 million recorded in the first quarter of 2026 was primarily related to remastering services performed in connection with the associated service revenue. Cost of revenue recorded in the first quarter of 2025 was immaterial.
Research and development expense recorded in the first quarter of 2026 was consistent with research and development expenses recorded in the first quarter of 2025. There were no individually significant offsetting expense categories contributing to amounts recorded in each quarter presented.
Selling, general and administrative expense increased $0.1 million, or 4%, in the first quarter of 2026 compared to the first quarter of 2025. There were no individually significant offsetting expense categories contributing to amounts recorded in each quarter presented.
During the three months ended March 31, 2026, we recorded $1.9 million in restructuring expense related to the 2026 Plan, which primarily consisted of costs associated with employee severance and benefits. During the three months ended March 31, 2025, we did not record any restructuring expense. We …
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