QMCI — what changed in the latest 10-Q
A section-by-section comparison of QMCI'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 · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +13 | −10 | ~11 | 28 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 3 |
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), 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
For the remainder of fiscal 2026 we expect our bottom line to improve as our revenue grows and the impact of capitalized development costs diminishes.
Total Portfolio Management Systems revenue increased 7% and 10% for the three and six-months ended June 30, 2026 from the comparative 2025 periods.
Corporate Quotestream revenue increased 9% and 13% for the three and six-months ended June 30, 2026 from the comparative 2025 periods. The increases were due to increases in both the number of customers and the average revenue per customer from the comparative periods.
Individual Quotestream revenue was relatively flat, decreasing 2% and 1% for the three and six-months ended June 30, 2026 from the comparative 2025 periods.
Interactive Content and Data APIs revenue increased 14% and 15% for the three and six-months ended June 30, 2026 from the comparative 2025 periods due to increases in both the number of customers and the average revenue per customer from the comparative periods.
Text removed vs the prior filing · source: 10-Q · 2026-05-14
We incurred some one-time expenses totaling approximately $230,000 during the quarter (see Cost of Revenue discussion below), which, along with the impact of capitalized development costs, significantly impacted our net loss for the quarter. For the remainder of fiscal 2026 we expect our bottom line…
Total Portfolio Management Systems revenue increased 13% for the three-months ended March 31, 2026 from the comparative 2025 period. Corporate Quotestream revenue increased 17% from the comparative 2025 period. The increase was due to increases in both the number of customers and the average revenue…
Individual Quotestream revenue was relatively flat, decreasing 1% for the three-months ended March 31, 2026 from the comparative 2025 period.
Interactive Content and Data APIs revenue increased 16% for the three-months ended March 31, 2026 from the comparative period in 2025 due to increases in both the number of customers and the average revenue per customer from the comparative period.
Our cost of revenue increased 11% for the three-months ended March 31, 2026 from the comparative period in 2025. This was mainly due to some one-time, non-recurring expenses related to data licensing, processing and delivery, that amounted to approximately $230,000.
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