TRT — what changed in the latest 10-Q
A section-by-section comparison of TRT'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 · 2026-05-14 vs the prior 10-Q · 2026-02-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +54 | −58 | ~39 | 20 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 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): Market risk (Item 3), Legal proceedings, 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 · 2026-05-14
The overall gross profit margin decreased by 11.3% to 15.5% for the third quarter of Fiscal 2026, from 26.8% for the same period in Fiscal 2025.
Loss from operations was $81 for the third quarter of Fiscal 2026, reflecting a decline of $262 as compared to loss from operations of $343 for the same period in Fiscal 2025.
Other income was $188 for the third quarter of Fiscal 2026, an increase of $332 as compared to other expenses of $144 for the same period in Fiscal 2025.
During the third quarter of Fiscal 2026, loss from continuing operations before non-controlling interest, net of tax was $39, as compared to loss from continuing operations before non-controlling interest of $481 for the same period in Fiscal 2025.
Loss per share for the third quarter of Fiscal 2026 was $0.00, as compared to loss per share of $0.06 for the same period in Fiscal 2025.
Text removed vs the prior filing · source: 10-Q · 2026-02-13
SBS segment revenue increased by $6,548, or 112.7% to $12,357 for the second quarter of Fiscal 2026, compared to $5,809 for the same period in Fiscal 2025.
General and administrative expense increased by $232, or 11.8%, to $2,197 for the second quarter of Fiscal 2026, from $1,965 for the same period in Fiscal 2025.
Selling expense decreased by $77, or 43.8%, to $99 for the second quarter of Fiscal 2026, from $176 for the same period in Fiscal 2025.
Other income was $237 for the second quarter of Fiscal 2026, a decrease of $449 as compared to other income of $686 for the same period in Fiscal 2025.
During the second quarter of Fiscal 2026, income from continuing operations before non-controlling interest, net of tax was $235, as compared to income from continuing operations before non-controlling interest of $536 for the same period in Fiscal 2025.
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