BKYI — what changed in the latest 10-Q
A section-by-section comparison of BKYI'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 · 2026-08-13 vs the prior 10-Q · 2026-06-22
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +26 | −18 | ~4 | 17 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 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.
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 · 2026-08-13
For the three months ended June 30, 2026, and 2025, service revenues included approximately $227,000 and $271,000, respectively, of recurring maintenance and support revenue, and approximately $4,000 and $51,000 respectively, of non-recurring custom services revenue. Recurring service revenue decrea…
For the three months ended June 30, 2026, license revenue increased $423,258 or 53% to $1,229,345 from $806,087 in the corresponding period in 2025 as several new customers deployed new licenses in 2026.
For the three months ended June 30, 2026, hardware sales decreased 19% to $459,641 from $568,824 in the corresponding period in 2025. The decrease was due to several customer deploys of fully reserved inventory in the 2026 period, and one large deployment from one long-term customer and several long…
For the three months ended June 30, 2026, cost of service decreased $38,585 or 33% to $79,716 from $118,301 in the three months ended June 30, 2025. For the three months ended June 30, 2026, license costs decreased 13% to $74,972 from $86,488 in the three months ended June 30, 2025. For the three mo…
Selling, general and administrative expenses for the three months ended June 30, 2026, decreased 7% from $1,680,550 in the corresponding period in 2025 to $1,563,027 in the current quarter. The decreases included reductions in administration and professional services fees, offset by one-time costs i…
Text removed vs the prior filing · source: 10-Q · 2026-06-22
THREE MONTHS ENDED March 31, 2026 AS COMPARED TO March 31, 2025
For the three months ended March 31, 2026, and 2025, service revenues included approximately $229,000 and $265,000, respectively, of recurring maintenance and support revenue, and approximately $19,000 and $8,000 respectively, of non-recurring custom services revenue. Recurring service revenue decre…
For the three months ended March 31, 2026, license revenue increased $267,135 or 24% to $1,365,893 from $1,098,758 in the corresponding period in 2025 as several long-term customers expanded their license deployments in 2026.
For the three months ended March 31, 2026, hardware sales increased 125% to $531,256 from $235,803 in the corresponding period in 2025. The increase was due to a large deployment from one long-term customer, several customer deploys of fully reserved inventory in the 2026 period, and several long-te…
For the three months ended March 31, 2026, cost of service decreased $19,646 or 20% to $78,498 from $98,114 in the three months ended March 31, 2025. For the three months ended March 31, 2026, license fees remained relatively flat increasing less than one percent to $73,234 from $72,885 in the three…
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