SDCH — what changed in the latest 10-Q
A section-by-section comparison of SDCH'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 · 2026-08-12 vs the prior 10-Q · 2026-05-12
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −4 | ~29 | 15 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 7 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | Some risk factors updated | 0 | 0 | 0 | 4 |
| Other information | Text added/removed | 0 | 0 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
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 · 2026-08-12
Our mission is to deliver security leadership and infrastructure to organizations. Our cybersecurity Enclave platform and fractional security service offerings provide cybersecurity and privacy risk management solutions for our customers, built on decades of experience across government, manufacturi…
We anticipate that our target customers will continue to need cost-effective security solutions. We continue to expand our catalogue of services and solutions to address the cybersecurity needs of our customers, including virtual Chief Information Security Officer (“vCISO”) services, cyber program s…
We are offering Enclave, our proprietary zero-trust security platform that simplifies important cybersecurity tasks to achieve microsegmentation. Enclave unifies asset intelligence, network segmentation, and certificate lifecycle management (“CLM”) in a single platform, combining zero trust network …
General and Administrative Expenses. Our general and administrative expenses were $551 thousand for the three months ended June 30, 2026, compared to $715 thousand for the three months ended June 30, 2025, representing a decrease of $164 thousand or 22.9%. The favorable variance was driven by decrea…
General and Administrative Expenses. Our general and administrative expenses were $2.0 million for the nine months ended June 30, 2026, compared to $2.0 million for the nine months ended June 30, 2025, representing a decrease of $79 thousand or 3.9%. Decreases in stock compensation expense, amortiza…
Text removed vs the prior filing · source: 10-Q · 2026-05-12
Our mission is to make cybersecurity simple and accessible for emerging to enterprise companies, a market that we believe is currently underserved. We believe that our cybersecurity offerings will identify and develop cybersecurity, privacy, and risk management solutions for our customers. We antici…
We are marketing and selling Enclave, a proprietary software product that simplifies important cybersecurity tasks to achieve “microsegmentation.” By combining zero trust network access with asset intelligence, certificate management and machine identity, Enclave seamlessly creates a unified securit…
General and Administrative Expenses. Our general and administrative expenses were $724 thousand for the three months ended March 31, 2026, compared to $655 thousand for the three months ended March 31, 2025, representing an increase of $69 thousand or 10.5%. The increase was the result of higher per…
General and Administrative Expenses. Our general and administrative expenses were $1.4 million for the six months ended March 31, 2026, compared to $1.3 million for the six months ended March 31, 2025, representing an increase of $85 thousand or 6.5%. The increase was the result of higher personnel …
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