TOGI — what changed in the latest 10-Q
A section-by-section comparison of TOGI'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 · 2026-08-13 vs the prior 10-Q · 2026-05-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +5 | −4 | ~1 | 7 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 4 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 3 |
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, 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 · 2026-08-13
During the three-month period ended June 30, 2026, we had revenues of $1,754,000 and gross profits of $821,000 which is fairly comparable to the three-month period ended June 30, 2025.
During the three months ended June 30, 2026, our net loss decreased by $303,000 compared to the three-month period ended June 30, 2025, primarily due to increases of $140,000 in gross profits, reductions of approximately $139,000 in occupancy costs, a $59,000 benefit from fair value adjustments, $44…
During the six-month period ended June 30, 2026, we had increased revenues of $206,000 and increased gross profits of $223,000 compared to the six-month period ended June 30, 2025, primarily due to increased revenues from our commercial customers of $283,000, somewhat offset by decreased revenues of…
During the six months ended June 30, 2026, our net loss decreased by $71,000 compared to the six-month period ended June 30, 2025. In addition to the increase in gross profit described above, the decrease was primarily due to a $127,000 benefit from fair value adjustments and a $88,000 decrease in s…
The accompanying consolidated financial statements have been prepared assuming that we will continue as a going concern. We have incurred recurring net losses and operations have not provided sufficient cash flows. We believe that we will continue to incur operating and net losses each quarter until…
Text removed vs the prior filing · source: 10-Q · 2026-05-13
Change in fair value of embedded derivative liabilities (68,000) - (68,000)
During the three-month period ended March 31, 2026, we had increased revenues of $144,000 and increased gross profits of $83,000 compared to the three-month period ended March 31, 2025, primarily due to increased sales of approximately $344,000 from our commercial customers and a decrease of approxi…
During the three months ended March 31, 2026, our net loss increased by $232,000 compared to the three-month period ended March 31, 2025, primarily due to approximately $200,000 in costs for the relocation of our office and warehouse space, a $62,000 increase in selling and marketing expenses and $8…
The accompanying consolidated financial statements have been prepared assuming that we will continue as a going concern. We have incurred recurring net losses and operations have not provided sufficient cash flows. We believe that we will continue to incur operating and net losses each quarter until…
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