ANIP — what changed in the latest 10-Q
A section-by-section comparison of ANIP'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 · 2026-08-07 vs the prior 10-Q · 2026-05-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +38 | −13 | ~26 | 29 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | +1 | −2 | ~2 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
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 · 2026-08-07
Contingent consideration fair value adjustment(622)1,277 (804)(10,815)
Contingent consideration fair value adjustment(0.2)%0.6 %(0.2)%(2.6)%
•Net revenues for Brand royalties and other revenues during the three months ended June 30, 2026, includes royalties of approximately $9.7 million, and $8.0 million of revenue associated with development milestones satisfied over time, related to the Harmony Agreement.
•Other generic net revenues were down modestly for the three months ended June 30, 2026, compared to the same time in the prior year due to fewer contract manufacturing shipments and lower royalties during the period.
During the three months ended June 30, 2026 and 2025, no single vendor represented more than 10% of our raw inventory purchases.
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Cost of sales (excluding depreciation and amortization)93,582 73,037
Cost of sales (excluding depreciation and amortization)39.4 %37.1 %
•Net revenues for Brand royalties and other revenues during the three months ended March 31, 2026, includes a $15.0 million upfront payment and associated royalties of approximately $6.5 million, related to the Harmony Agreement.
•Other generic revenues were essentially flat for the three months ended March 31, 2026 compared to the same period in 2025.
During the three months ended March 31, 2026, approximately 33% of our raw material inventory purchases were from one domestic supplier. During the three months ended March 31, 2025, approximately 22% of our raw material inventory purchases were from one domestic supplier.
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-07
On June 11, 2026, Renee Tannenbaum, member of the Board of Directors of the Company, adopted a Rule 10b5-1 trading plan. Ms. Tannenbaum's Rule 10b5-1 trading plan provides for a term commencing on September 10, 2026 and ending on December 31, 2026 for the sale of up to 6,655 shares of common stock o…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
On March 6, 2026, Stephen P. Carey, Senior Vice President, Finance and Chief Financial Officer, adopted a Rule 10b5-1 trading plan. Mr. Carey’s Rule 10b5-1 trading plan provides for a term commencing on June 5, 2026 and ending on June 8, 2027 for the sale of up to 44,138 shares of common stock of th…
On March 19, 2026, Muthusamy Shanmugam, Senior Vice President, Head of Research and Development and COO of New Jersey Operations of the Company, and a member of the Board of Directors of the Company, adopted a Rule 10b5-1 trading plan. Mr. Shanmugam’s Rule 10b5-1 trading plan provides for a term com…
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