CMBMF — what changed in the latest 10-Q
A section-by-section comparison of CMBMF'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 · 2026-05-20 vs the prior 10-Q · 2026-04-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +19 | −40 | ~30 | 10 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 22 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| 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 · 2026-05-20
Our cash from operations may not be sufficient for our future working capital, investments and cash requirements, and we have no remaining liquidity for additional borrowings under our credit agreement. If our cash from operations is not sufficient for future working capital needs, we would need to …
We continue to take actions to improve our profitability and focus on operating efficiency and reducing discretionary spending, deferring capital expenditures and implementing cost reductions to align our cost structure with current and expected revenue levels. We are actively seeking additional cap…
Product revenues increased $11.1 million, or 38.2%, from $29.1 million for the three-month period ended March 31, 2025, to $40.2 million for the three-month period ended March 31, 2026, across all product categories, driven by higher demand for our enterprise products as the industry transitions to …
Our PMP product revenues increased $4.3 million, or 32.6%, from the three-month period ended March 31, 2025 to 2026. The increase in point-to-multi-point revenues was driven by higher revenues in all regions except North America, mostly due to higher demand for our 60 GHz products in North America a…
Enterprise product revenues increased $4.9 million, or 43.5%, from the three-month period ended March 31, 2025 to 2026. Enterprise revenues increased all regions due to higher demand for switching products in all regions, higher demand for Wi-Fi 7 in North America and higher demand for Wi-Fi 6 in Ca…
Text removed vs the prior filing · source: 10-Q · 2026-04-30
We continue to take actions to improve our profitability and focus on operating efficiency and therefore are reducing discretionary spending, deferring capital expenditures and implementing cost reductions to align our cost structure with current and expected revenue levels. We are actively seeking …
During the course of preparing our financial statements for the fiscal year ended December 31, 2024, we identified material weaknesses in our internal controls over financial reporting that led to errors in the financial statements previously filed for the three-month and nine-month periods ended Se…
Impairment expense consists of amounts recorded to impair our goodwill, customer relationship intangible, software and long-lived assets.
Product revenues decreased $1.4 million, or 3.6%, from $39.7 million for the three-month period ended September 30, 2024, to $38.3 million for the three-month period ended September 30, 2025, with the largest decrease in our point-to-multi-point product category and additional decreases in our enter…
Our PMP product revenues decreased $2.4 million, or 13.1%, from the three-month period ended September 30, 2024 to 2025. The decrease in point-to-multi-point revenues was driven by lower revenues in Europe, Middle East, Africa and Caribbean and Latin America, mostly due to lower demand of our ePMP a…
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