TGLO — what changed in the latest 10-Q
A section-by-section comparison of TGLO'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 · 2026-05-22
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −3 | ~9 | 22 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| 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): Legal proceedings
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
SIX MONTHS ENDED JUNE 30, 2026, COMPARED TO THE SIX MONTHS ENDED JUNE 30, 2025
NET REVENUE. Commensurate with the sale of our Tralliance business on September 29, 2008, we became a shell company, and we have not had any material operations since then. As a result, net revenue for both the six months ended June 30, 2026 and 2025 was $0.
GENERAL AND ADMINISTRATIVE. General and administrative expenses include only customary public company expenses, including accounting, legal, audit, insurance and other related public company costs. General and administrative expenses totaled approximately $74,000 for the first six months of 2026 as …
RELATED PARTY INTEREST EXPENSE. Related party interest expense for the six months ended June 30, 2026, totaled approximately $50,000 compared to approximately $45,000 for the six months ended June 30, 2025. This increase consisted of interest due and payable to Delfin as the loan amount has increase…
NET LOSS. Net loss for the six months ended June 30, 2026, was approximately $124,000 as compared to a net loss of approximately $113,000 for the six months ended June 30, 2025. This increase was due to an increase in legal and accounting fees as well as interest expense on related party loans.
Text removed vs the prior filing · source: 10-Q · 2026-05-22
As of March 31, 2026, we had $27,765 in cash as compared to $3,632 as of December 31, 2025. Net cash flows used in operating activities totaled approximately $12,000 for the three months ended March 31, 2026 compared to net cash flows used in operating activities of approximately $45,000 for the thr…
Net cash flows provided by financing activities totaled $36,000 for the three months ended March 31, 2026 and $42,000 for the three months ended March 31, 2025.
Management has determined that all recently issued accounting pronouncements will not have a material impact on the Company’s financial statements or do not apply to the Company’s operations.
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