ALCE — what changed in the latest 10-Q
A section-by-section comparison of ALCE'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 · 2026-08-14 vs the prior 10-Q · 2026-07-20
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +13 | −6 | ~16 | 61 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 19 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 6 |
| Risk factors | Some risk factors updated | +4 | 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): 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 · 2026-08-14
On May 7, 2025, the Company sold AEG MH 02 Limited ("MH02") and its subsidiaries to third parties. As a result of the transaction, the Company recorded a gain of $11.9 million and on March 25, 2025, the Company sold its subsidiaries in Spain to AEG, a related party, resulting in a gain on the sale o…
Total interest expense, other income, and other expense decreased by approximately $2.4 million for the three months ended June 30, 2026 compared to the same period in 2025. The primary drivers for the change in the three month period ended are 1) lower interest expense resulting from lower average …
The primary drivers of the $5.5 million decrease (driving the net balance to an overall gain) during the six month period ended June 30, 2026, when compared to the same period in 2025, were 1) a $1.6 million increase in the fair value of the OID Convertible Notes during the first three months of the…
The unfavorable change to a net loss of ($2.6) million from net income of $5.2 million for the three months ended June 30, 2026 compared to the same period in 2025 was driven by an $11.9 million gain on the sale of the Company's MH02 and Italian subsidiaries during 2025, offset by lower selling, gen…
The unfavorable change to a net loss of ($3.5) million from net income of ($5.1) million for the six months ended June 30, 2026 compared to the same period in 2025 was driven by:
Text removed vs the prior filing · source: 10-Q · 2026-07-20
On March 25, 2025, the Company sold its subsidiaries in Spain to AEG, a related party. There were no costs incurred to complete the transaction. As a result of the Transaction, the Company recorded a gain on the sale of $3.5 million and removed approximately $3.6 million in debt and payables related…
Issuance cost put option liability (Series D) (6 ) (6 ) 100 %
Total interest expense, other income, and other expense decreased by approximately $3.1 million for the three months ended March 31, 2026 compared to the same period in 2025. The primary drivers for the change in the respective periods was a $2.2 million increase in financing expenses associated wit…
Net loss for continuing operations increased by $0.7 million for the three months ended March 31, 2026 compared to the same period in 2025. The increased loss was primarily driven by increased amortization expense of $0.3 million resulting from amortization of intangible assets acquired in the Septe…
For the Three Months Ended March 31, 2026 compared to March 31, 2025
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-14
Impairment of our goodwill and identifiable intangible assets could result in material charges to our results of operations.
We have a significant amount of goodwill and identifiable intangible assets recorded on our balance sheet, all of which resulted from our acquisition of EverOn. As of June 30, 2026, the carrying amounts of our goodwill and identifiable intangible assets were approximately $19.0 million and $36.6 mil…
Our impairment assessments require significant judgments and estimates regarding future operating performance and cash flows and, when applicable, estimates of fair value. These estimates may be affected by numerous factors, including changes in the timing or successful execution of our business pla…
Our expectations regarding future operating performance and cash flows may not be realized, and events or circumstances occurring in future periods could adversely affect the estimated recoverability or fair value of our goodwill or identifiable intangible assets. If we determine that any of these a…
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