STQN — what changed in the latest 10-Q
A section-by-section comparison of STQN'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 · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −2 | ~13 | 13 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 7 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| 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): 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
Total operating expenses were $24,563 for the three months ended June 30, 2026, as compared to $2,547 for the three months ended June 30, 2025. The increase of approximately $22,016 was primarily attributable to higher professional fees associated with the Company’s public company reporting activiti…
Comparison of the Six Months Ended June 30, 2026 to the Six Months Ended June 30, 2025:
There was no revenue for the six months ended June 30, 2026 and 2025.
Total operating expenses were $63,280 for the six months ended June 30, 2026, as compared to $27,591 for the six months ended June 30, 2025. The increase of approximately $35,689 was primarily driven by higher professional fees, OTC market membership expense, consulting fees, and share-based compens…
As of June 30, 2026, we had cash on hand of $32,349, as compared to cash on hand of $508 as of December 31, 2025. The increase in cash on hand of $31,841 is primarily the result of $60,000 in proceeds from non-recourse related party notes payable and $40,000 in proceeds from the sale of common stock…
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Total operating expenses increased by $13,673, or 54%, for the three months ended March 31, 2026, as compared to the three months ended March 31, 2025. The increase in operating expenses was primarily due to an increase in general and administrative wages and related expenses of $38,717 due to an in…
Net cash used in operating activities was $(37,581) for the three months ended March 31, 2026, due to a net loss of $38,717, Net cash used in operating activities was $24,194 for the three months ended March 31, 2025, due to a net loss of $25,044.
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