DC — what changed in the latest 10-Q
A section-by-section comparison of DC'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 · 2026-08-12 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +16 | −14 | ~14 | 29 |
| Market risk (Item 3) | Text added/removed | +16 | −14 | ~14 | 28 |
| Controls & procedures | Text added/removed | +16 | −14 | ~14 | 28 |
| Legal proceedings | Text added/removed | +16 | −14 | ~14 | 28 |
| Risk factors | Text added/removed | +16 | −14 | ~14 | 28 |
| Other information | Text added/removed | +16 | −14 | ~14 | 28 |
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 · 2026-08-12
Addition of right-of-use asset classified as finance lease in exchange for lease liability
On June 1, 2026, the Company entered into an agreement for office and building space in Lead, South Dakota, which has been determined to be a finance lease. The lease agreement does not contain an extension option or variable lease payments. The lease contains a purchase option for $1.1 million, red…
As of June 30, 2026, the remaining undiscounted lease payments under these lease agreements are as follows:
As of June 30, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three and six months ended June 30, 2026 and 2025 is as follows:
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Common stock issued for purchase of mineral rights and properties
As of March 31, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three months ended March 31, 2026 and 2025 is as follows:
The effective tax rates for the three months ended March 31, 2026 and 2025 were 0.01% and 0.16%, respectively. The effective tax rates for the three months ended March 31, 2026 and 2025 were less than the statutory rate as the Company is in a tax loss position and does not expect to realize those lo…
The holders of the Company’s common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conver…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-12
Addition of right-of-use asset classified as finance lease in exchange for lease liability
On June 1, 2026, the Company entered into an agreement for office and building space in Lead, South Dakota, which has been determined to be a finance lease. The lease agreement does not contain an extension option or variable lease payments. The lease contains a purchase option for $1.1 million, red…
As of June 30, 2026, the remaining undiscounted lease payments under these lease agreements are as follows:
As of June 30, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three and six months ended June 30, 2026 and 2025 is as follows:
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Common stock issued for purchase of mineral rights and properties
As of March 31, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three months ended March 31, 2026 and 2025 is as follows:
The effective tax rates for the three months ended March 31, 2026 and 2025 were 0.01% and 0.16%, respectively. The effective tax rates for the three months ended March 31, 2026 and 2025 were less than the statutory rate as the Company is in a tax loss position and does not expect to realize those lo…
The holders of the Company’s common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conver…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-12
Addition of right-of-use asset classified as finance lease in exchange for lease liability
On June 1, 2026, the Company entered into an agreement for office and building space in Lead, South Dakota, which has been determined to be a finance lease. The lease agreement does not contain an extension option or variable lease payments. The lease contains a purchase option for $1.1 million, red…
As of June 30, 2026, the remaining undiscounted lease payments under these lease agreements are as follows:
As of June 30, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three and six months ended June 30, 2026 and 2025 is as follows:
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Common stock issued for purchase of mineral rights and properties
As of March 31, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three months ended March 31, 2026 and 2025 is as follows:
The effective tax rates for the three months ended March 31, 2026 and 2025 were 0.01% and 0.16%, respectively. The effective tax rates for the three months ended March 31, 2026 and 2025 were less than the statutory rate as the Company is in a tax loss position and does not expect to realize those lo…
The holders of the Company’s common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conver…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-12
Addition of right-of-use asset classified as finance lease in exchange for lease liability
On June 1, 2026, the Company entered into an agreement for office and building space in Lead, South Dakota, which has been determined to be a finance lease. The lease agreement does not contain an extension option or variable lease payments. The lease contains a purchase option for $1.1 million, red…
As of June 30, 2026, the remaining undiscounted lease payments under these lease agreements are as follows:
As of June 30, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three and six months ended June 30, 2026 and 2025 is as follows:
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Common stock issued for purchase of mineral rights and properties
As of March 31, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three months ended March 31, 2026 and 2025 is as follows:
The effective tax rates for the three months ended March 31, 2026 and 2025 were 0.01% and 0.16%, respectively. The effective tax rates for the three months ended March 31, 2026 and 2025 were less than the statutory rate as the Company is in a tax loss position and does not expect to realize those lo…
The holders of the Company’s common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conver…
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-12
Addition of right-of-use asset classified as finance lease in exchange for lease liability
On June 1, 2026, the Company entered into an agreement for office and building space in Lead, South Dakota, which has been determined to be a finance lease. The lease agreement does not contain an extension option or variable lease payments. The lease contains a purchase option for $1.1 million, red…
As of June 30, 2026, the remaining undiscounted lease payments under these lease agreements are as follows:
As of June 30, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three and six months ended June 30, 2026 and 2025 is as follows:
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Common stock issued for purchase of mineral rights and properties
As of March 31, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three months ended March 31, 2026 and 2025 is as follows:
The effective tax rates for the three months ended March 31, 2026 and 2025 were 0.01% and 0.16%, respectively. The effective tax rates for the three months ended March 31, 2026 and 2025 were less than the statutory rate as the Company is in a tax loss position and does not expect to realize those lo…
The holders of the Company’s common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conver…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-12
Addition of right-of-use asset classified as finance lease in exchange for lease liability
On June 1, 2026, the Company entered into an agreement for office and building space in Lead, South Dakota, which has been determined to be a finance lease. The lease agreement does not contain an extension option or variable lease payments. The lease contains a purchase option for $1.1 million, red…
As of June 30, 2026, the remaining undiscounted lease payments under these lease agreements are as follows:
As of June 30, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three and six months ended June 30, 2026 and 2025 is as follows:
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Common stock issued for purchase of mineral rights and properties
As of March 31, 2026 and December 31, 2025, the Company’s accounts payable and accrued liabilities consist of the following:
A summary of the reconciliation of the income tax expense based on the statutory federal income tax rate of 21% to the income tax expense reported in these financial statements for the three months ended March 31, 2026 and 2025 is as follows:
The effective tax rates for the three months ended March 31, 2026 and 2025 were 0.01% and 0.16%, respectively. The effective tax rates for the three months ended March 31, 2026 and 2025 were less than the statutory rate as the Company is in a tax loss position and does not expect to realize those lo…
The holders of the Company’s common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conver…
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