SFCX — what changed in the latest 10-Q
A section-by-section comparison of SFCX'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 · 2026-07-21 vs the prior 10-Q · 2026-05-01
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −7 | ~4 | 8 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
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 · 2026-07-21
The Company had no revenue during the three and six months ended June 30, 2026 or the three and six months ended June 30, 2025. The Company is in the development stage with respect to its food technology operations and has not yet generated revenue from its vending machine deployments.
General and administrative expenses for the three months ended June 30, 2026 totaled $161,815, as compared to $150,827 for the three months ended June 30, 2025, an increase of approximately $10,988. General and administrative expenses for the six months ended June 30, 2026 totaled $331,867, as compa…
As a result of the foregoing, the Company incurred an operating loss of $161,815 for the three months ended June 30, 2026, as compared to an operating loss of $150,827 for the three months ended June 30, 2025, and an operating loss of $331,867 for the six months ended June 30, 2026, as compared to a…
Interest expense for the three months ended June 30, 2026 was $16,016, as compared to $11,792 for the three months ended June 30, 2025, and $32,032 for the six months ended June 30, 2026, as compared to $27,873 for the six months ended June 30, 2025. The three and six months ended June 30, 2026 incl…
The Company recorded a net loss of $228,331 for the three months ended June 30, 2026, as compared to a net loss of $162,619 for the three months ended June 30, 2025. The increase of approximately $65,712 for the three-month period is principally attributable to the $50,500 loss on inventory write-of…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
Financial Condition at March 31, 2026, and December 31, 2025
The Company had no revenue during the three months ended March 31, 2026 or the three months ended March 31, 2025. The Company is in the development stage with respect to its food technology operations and has not yet generated revenue from its vending machine deployments.
General and administrative expenses for the three months ended March 31, 2026 totaled $170,052, as compared to $18,605 for the three months ended March 31, 2025. The increase of approximately $151,447 reflects the Company’s transition into operating activity following the SUPA Food Services share ex…
As a result of the foregoing, the Company incurred an operating loss of $170,052 for the three months ended March 31, 2026, as compared to an operating loss of $18,605 for the three months ended March 31, 2025.
Interest expense for the three months ended March 31, 2026 was $16,016, as compared to $16,081 for the three months ended March 31, 2025. The three months ended March 31, 2025 also included a gain on write-offs of $174,350 arising from a Release and Settlement entered into in February 2025 with form…
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