BQST — what changed in the latest 10-Q
A section-by-section comparison of BQST'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 · 2022-09-12 vs the prior 10-Q · 2022-05-27
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +8 | −7 | ~6 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 6 |
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), Legal proceedings, 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 · 2022-09-12
Compensation was $ -0- for the three months ended July 31, 2022, compared to $384,000 for the same period in 2021. The decrease was due to the Company putting all consulting and employment contracts on hold as of September 30, 2021.
Stock Compensation was $-0- for the three months ended July 31, 2022, as compared with $ 33,334 for the same period in 2021.
Professional Fees were $47,785 for the three months ended July 31, 2022, as compared to $30,793 for the same period in 2021 for SEC filings and accounting services.
General and administrative expenses consisted primarily of marketing, product development and general expenses. For the three months ended July 31, 2022, general and administrative expenses were $1,887 as compared to $16,020 for the same period in 2021.
Gain (Loss) of derivative valuation was $(50,000) in the quarter ended July 31, 2022, and $72,353 for the same period in the previous year.
Text removed vs the prior filing · source: 10-Q · 2022-05-27
Professional Fees were $2,695 and $74,602 for the three and nine months ended January 31, 2022, as compared to $36.683 and $105,843 for the same periods in 2021and the decrease was limited activity in those periods. to
Stock Compensation for the three months ended January 31, 2022, due to a cancellation of a consulting contract by the Company was $a credit to expense of $50,000 for amounts accrued in previous periods as compared with $100,000 in the same period in the previous year. Stock Compensation for the nine…
General and administrative expenses consisted primarily of marketing, product development and general expenses. For the three and nine months ended January 31, 2022, general and administrative expenses were ($5,415) and $45,887 as compared to $43,943 and $98,902 for the same periods in 2021. The dif…
Derivative gain (expense) was $1,471 and $75,516 in the three and nine months ended January 31, 2022, and $-0- and ($85,775) for the same periods in the previous year.
Interest expense was $4,098 and $62,347 in the three and nine months ended January 31, 2022, and $16,887 and $18,595 for the same periods in the previous year.
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