SODI — what changed in the latest 10-Q
A section-by-section comparison of SODI'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 · 2026-10-13 vs the prior 10-Q · 2026-07-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +21 | −10 | ~10 | 26 |
| 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 | 0 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
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): 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 · 2026-10-13
Net Income (Loss). Net income for the three months ended August 31, 2026, was $1,298,000 as compared to net loss of ($234,000) for the three months ended August 31, 2025.
Results of Operations-Six Months Ended August 31, 2026, Compared to Six Months Ended August 31, 2025:
Net Sales. Net sales for the six months ended August 31, 2026, increased 66% to $11,093,000 as compared to $6,686,000 for the six months ended August 31, 2025. The increase in net sales was largely due to increased backlog in fiscal year 2026 as compared to fiscal year 2025 and the associated delive…
Net bookings for the six months ended August 31, 2026, increased 11% to $7,870,000 versus $7,121,000 during the six months ended August 31, 2025 primarily due to the variable timing on the receipt of orders. Backlog as of August 31, 2026, increased 29% to $24,112,000 as compared to a backlog of $18,…
Cost of Sales. Cost of sales for the six months ended August 31, 2026, increased 8% to $5,880,000 from $5,461,000 for the six months ended August 31, 2025. However, expressed as a percentage of net sales, cost of sales decreased to 53% for the six months ended August 31, 2026, compared to 82% for th…
Text removed vs the prior filing · source: 10-Q · 2026-07-13
Net cash provided by operating activities was $2,171,000 for the three months ended May 31, 2026, primarily reflecting net income of $990,000, depreciation of $154,000, amortization of intangibles of $52,000, a decrease in net deferred taxes of $357,000, a decrease in accounts receivable of $366,000…
Net cash provided by operating activities was $391,000 for the three months ended May 31, 2025, primarily reflecting a net loss of $336,000, a decrease in accounts receivable of $379,000, an increase in accounts payable of $293,000, depreciation of $141,000, an increase in other non-current assets o…
Net cash used in investing activities was ($114,000) for the three months ended May 31, 2026, principally reflecting $114,000 in purchases of property and equipment.
Net cash used in investing activities was ($1,883,000) for the three months ended May 31, 2025, principally reflecting $1,650,000 in purchases of a long-term investment, and $409,000 of cash paid for acquisition, contingent consideration, partially offset by proceeds from the sale of marketable secu…
Net cash provided by financing activities was $65,000 for the three months ended May 31, 2026, principally reflecting $107,000 in sales of the Company's stock, partially offset by $42,000 in principal payments on the mortgage loans.
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