BDTB — what changed in the latest 10-Q
A section-by-section comparison of BDTB'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 · 2026-05-14 vs the prior 10-Q · 2026-02-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −4 | ~3 | 17 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | 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), Risk factors
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 · 2026-05-14
Cost of revenue was $nil for the six months ended March 31, 2026 and 2025.
We recorded $95,883 and $121,956 in selling, general and administrative expenses for the six months ended March 31, 2026 and 2025. These costs mainly consist of professional service from our law firm, auditor and accountant, and payment to OCTOB etc.
Comparison of the three months ended March 31, 2026 and 2025
The following table sets forth key components of our results of operations for the periods indicated:
Cost of revenue was $nil for the three months ended March 31, 2026 and 2025.
Text removed vs the prior filing · source: 10-Q · 2026-02-13
Comparison of the three months ended December 31, 2025 and 2024
Revenues were $nil for the three months ended December 31, 2025 and $5,000 for the three months ended December 31, 2024.
Cost of revenue was $nil for the three months ended December 31, 2025 and 2024.
We recorded $52,949 and $69,777 in selling, general and administrative expenses for the three months ended December 31, 2025 and 2024. These costs mainly consist of professional service from our law firm, auditor and accountant, and payment to OCTOB etc.
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