AIBT — what changed in the latest 10-Q
A section-by-section comparison of AIBT'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 · 2026-08-19 vs the prior 10-Q · 2026-06-09
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +18 | −9 | ~4 | 9 |
| Controls & procedures | 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): 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 · 2026-08-19
We did not have any revenue or cost of revenue from operations for the three months ended June 30, 2026 and 2025.
Operating expenses for the three months ended June 30, 2026 and 2025 consisted solely of general and administrative expenses. For the three months ended June 30, 2026, general and administrative expenses primarily included amortization expenses of approximately $166,210, board compensation of $48,75…
For the three months ended June 30, 2026, general and administrative expenses increased by $53,084, or 14.7%, compared to the same period in 2025, increasing from $360,579 to $413,663. The increase was primarily attributable to software development expenses of $56,535, an increase in legal fees of $…
Other expense for the three months ended June 30, 2026 and 2025 was composed of interest expense and loss on extinguishment of liabilities.
Other expense for the three months ended June 30, 2026, decreased by $1,765, or 1.4%, compared to the same period in 2025, decreasing from $125,570 to $123,305. The decrease was primarily driven by lower interest expense resulting from the conversion of outstanding debt during 2026, partially offset…
Text removed vs the prior filing · source: 10-Q · 2026-06-09
We did not have revenue and cost of revenue from operations for the three months ended March 31, 2026, as compared to $2,183 in revenue and cost of revenue from operations for the three months ended March 31, 2025.
Operating expenses for the three months ended March 31, 2026 and 2025, consisted solely of general and administrative expenses. General and administrative expenses consisted primarily of consulting fees, stock-based compensation, board compensation, and legal and professional services. For the three…
Other expense for the three months ended March 31, 2026 and 2025 was composed of interest expense.
For the three months ended March 31, 2026 compared to the three months ended March 31, 2025 our interest expense decreased by $3,291, or 5%, from $61,933 to $58,642. The decrease was primarily the result in differences in the convertible notes payable we had outstanding during the three months ended…
Liquidity is the ability of an enterprise to generate adequate amounts of cash to meet its needs for cash requirements. As of March 31, 2026, we had $288,858 in cash and cash equivalents compared to $255,940 at December 31, 2025, an increase of $32,918 resulting primarily from financing activities o…
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