AATC — what changed in the latest 10-Q
A section-by-section comparison of AATC'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 · 2022-11-16 vs the prior 10-Q · 2022-08-11
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +19 | −14 | ~2 | 43 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| 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): Legal proceedings, 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 · 2022-11-16
Total revenue for Autoscope Technologies Corporation ("AATC," the "Company," "us," "we," or "our"), which includes the results of Image Sensing Systems, Inc., a wholly-owned subsidiary of AATC ("ISS"), decreased to $3.2 million in the three-month period ended September 30, 2022 from $3.3 million in …
Royalty revenue increased to $2.6 million in the third quarter of 2022 from $2.5 million in the third quarter of 2021, an increase of 5.7%, and decreased to $5.8 million in the first nine months of 2022 from $6.8 million in the first nine months of 2021, a decrease of 14.1%. The increase in third qu…
Product sales decreased to $0.5 million in the third quarter of 2022 from $0.8 million in the third quarter of 2021, a decrease of 31.9%, and decreased to $2.9 million in the first nine months of 2022 from $3.3 million in the first nine months of 2021, a decrease of 11.0%. The decrease in third quar…
Revenue for the Intersection segment for the third quarter of 2022 remained flat at $2.7 million compared to the same period in 2021. Revenue for the Intersection segment decreased to $6.1 million in the first nine months of 2022 from $7.2 million in the first nine months of 2021, a decrease of 15.4…
Revenue for the Highway segment decreased to $0.5 million in the third quarter of 2022 from $0.6 million in the third quarter of 2021, a decrease of 16.8%. Revenue for the Highway segment decreased to $2.6 million in the first nine months of 2022 from $2.8 million in the first nine months of 2021, a…
Text removed vs the prior filing · source: 10-Q · 2022-08-11
Total revenue decreased to $2.8 million in the three-month period ended June 30, 2022 from $3.8 million in the same period in 2021, a decrease of 25.6%, and decreased to $5.6 million in the first six months of 2022 from $6.8 million in the same period in 2021, a decrease of 17.7%. Royalty revenue de…
Revenue for the Intersection segment decreased to $1.5 million in the second quarter of 2022 from $2.6 million in the second quarter of 2021, a decrease of 44.8%. Revenue for the Intersection segment decreased to $3.4 million in the first six months of 2022 from $4.5 million in the first six months …
Gross margin percent for product sales increased to 49.8% in the three months ended June 30, 2022 from 44.1% in the three months ended June 30, 2021. The dollar amount of product sales gross profit increased $138,000, or 24.0%, in the three months ended June 30, 2022 compared to the prior year perio…
Gross margin percent for royalty sales for the three months ended June 30, 2022 decreased to 92.4% from 96.1% in the same period in 2021. Gross profit from royalties decreased by $1.1 million, or 46.3%, in the three months ended June 30, 2022 compared to the prior year period. Gross margin percent f…
Selling, general and administrative expense was $1.3 million, or 47.0% of total revenue, in the second quarter of 2022 compared to $1.5 million, or 40.0% of total revenue, in the second quarter of 2021, and it increased to $3.0 million, or 54.0% of total revenue, in the first six months of 2022 comp…
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