ASII — what changed in the latest 10-Q
A section-by-section comparison of ASII'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 · 2024-12-05 vs the prior 10-Q · 2024-08-23
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +10 | −7 | ~4 | 15 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 10 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
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): 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 · 2024-12-05
Other income (expenses) for the three months ended September 30, 2024 and 2023, were $4,647,187 and ($216,675), respectively. The difference was caused by the change in the derivative liabilities of $4,683,044 and ($169,306) for the three months ended September 30, 2024 and 2023.
Net income (loss) from continuing operations for the three months ended September 30, 2024 and 2023, was $4,272,002 and ($250,971), respectively. Net loss from discontinued operations for the three months ended September 30, 2024 and 2023, was $0 and $0, respectively. Net income (loss) for the three…
For the Nine Months Ended September 30, 2024, compared to the Nine Months Ended September 30, 2023
We had $452,837 and $543,116 of revenue for the nine months ended September 30, 2024 and 2023, respectively. Revenue was lower in 2024 as a result of management focusing on revamping the operations and getting sales force and processes dialed in for future growth. The Company began an advertising an…
Operating expenses for the nine months ended September 30, 2024 and 2023, were $549,384 and $210,967, respectively. The increase in expenses for the nine months ended September 30, 2024 compared to the nine months ended September 30, 2023 is due primarily to increased advertising and marketing expen…
Text removed vs the prior filing · source: 10-Q · 2024-08-23
For the Six Months Ended June 30, 2024, compared to the Six Months Ended June 30, 2023
We had $211,701 and $378,601 of revenue for the six months ended June 30, 2024 and 2023, respectively. Revenue was lower in 2024 as a result of management focusing on revamping the operations and getting sales force and processes dialed in for future growth.
Operating expenses for the six months ended June 30, 2024 and 2023, were $122,887 and $93,025, respectively. The increase in expenses for the six months ended June 30, 2024 compared to the six months ended June 30, 2023 is due primarily to increased payroll related expenses.
We had cash used in investing activities of $0 and $541 for the six months ended June 30, 2024 and 2023, respectively.
We had cash provided by financing activities of $42,350 for the six months ended June 30, 2024, compared to cash provided by financing activities of $19,600 for the six months ended June 30, 2023.
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