BMPA — what changed in the latest 10-Q
A section-by-section comparison of BMPA'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 · 2026-05-20
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −8 | ~3 | 2 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 13 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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
We had no revenue for the three or six months ended June 30, 2026 and 2025
Operating expenses decreased to $11,105 for the three months ended June 30, 2026, from $126,683 for the same period ended June 30, 2025. Operating expenses decreased to $43,428 for the six months ended June 30, 2026, from $143,121 for the same period ended June 30, 2025. The decrease in operating ex…
We recorded a net loss of $18,963 for the three months ended June 30, 2026, as compared with a net loss of $133,270 for the three months ended June 30, 2025. We recorded a net loss of $57,361 for the six months ended June 30, 2026, as compared with a net loss of $154,667 for the six months ended Jun…
Going concern – The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred cumulative net losses of $4,326,072 since its inception and r…
As of June 30, 2025, we had total current assets in the amount of $0. Our total current liabilities as of June 30, 2026 were $818,877. We had a working capital deficit of $818,877 as of June 30, 2026, compared with a working capital deficit of $761,517 as of December 31, 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-20
Operating expenses increased to $38,398 for the three months ended March 31, 2026, from $16,438 for the same period ended March 31, 2025.
Our operating expenses for all periods consisted mainly of professional fees and selling, general and administrative expenses. The increase in operating expenses was primarily a result of an increase in accounting fees during the three months ended March 31, 2026.
We recorded a net loss of $38,398 for the three months ended March 31, 2026, as compared with a net loss of $21,397 for the three months ended March 31, 2025. The increase in net loss is the result of the factors discussed above.
The accompanying financial statements have been prepared in US dollars and in accordance with accounting principles generally accepted in the United States (“GAAP”) on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the norma…
We are entirely dependent on our ability to attract and receive funding from either the sale of securities or outside sources such as private investment or a strategic partner. We currently have no firm agreements or arrangements with respect to any such financing and there can be no assurance that …
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