USLM — what changed in the latest 10-Q
A section-by-section comparison of USLM'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 · 2026-10-30 vs the prior 10-Q · 2026-07-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +10 | −9 | ~7 | 4 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
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 · 2026-10-30
Our revenues increased 4.1% and 2.9% in the third quarter and first nine months 2026, respectively, compared to the third quarter and first nine months 2025. Revenues increased in the third quarter 2026, compared to the third quarter 2025, primarily due to a 2.5% increase in the average selling pric…
In 2024, we began construction on a new vertical kiln and related equipment and infrastructure at our Texas Lime Company plant. We estimate that the construction costs of the Texas kiln project will total approximately $65 million. The new kiln began intermittently producing quicklime in the third q…
Net cash provided by operating activities was $123.3 million in the first nine months 2026, compared to $119.4 million in the first nine months 2025, an increase of $3.9 million, or 3.3%. Our net cash provided by operating activities is composed of net income, depreciation, depletion, and amortizati…
expenses. In the first nine months 2025, net cash provided by operating activities was principally composed of $103.7 million net income, $18.5 million DD&A, and $6.2 million stock-based compensation, partially offset by $9.4 million decrease from changes in operating assets and liabilities. Changes…
Cash and cash equivalents increased $68.1 million to $439.2 million at September 30, 2026 from $371.1 million at December 31, 2025.
Text removed vs the prior filing · source: 10-Q · 2026-07-30
Our revenues increased 8.3% and 2.3% in the second quarter and first six months 2026, respectively, compared to the second quarter and first six months 2025. Revenues increased in the second quarter 2026, compared to the second quarter 2026, primarily due to a 6.6% increase in sales volumes of our l…
In 2024, we began construction on a new vertical kiln and related equipment and infrastructure at our Texas Lime Company plant. We estimate that the construction costs of the Texas kiln project will total approximately $65 million, and we anticipate that the new kiln will come online this summer. We…
Net cash provided by operating activities was $71.1 million in the first six months 2026, compared to $73.5 million in the first six months 2025, a decrease of $2.3 million, or 3.2%. Our net cash provided by operating activities is composed of net income, depreciation, depletion, and amortization (“…
2025 compared to the fourth quarter 2024, partially offset by decreases of $2.1 million in inventories and $1.5 million in prepaid expenses and other current assets and an increase of $0.5 million in accounts payable and accrued expenses.
We are not committed to any planned capital expenditures until actual orders are placed for equipment. As of June 30, 2026, we were committed to $2.5 million of open purchase orders related to the Texas kiln project. We did not have any other material commitments for open purchase orders. As of June…
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