DIBS — what changed in the latest 10-Q
A section-by-section comparison of DIBS'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 · 2026-11-05 vs the prior 10-Q · 2026-08-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +33 | −25 | ~16 | 36 |
| Market risk (Item 3) | Text added/removed | 0 | −1 | ~4 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | Text added/removed | +1 | −1 | 0 | 0 |
| Risk factors | Some risk factors updated | +3 | 0 | ~2 | 0 |
| 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 · 2026-11-05
Three Months Ended September 30,Nine Months Ended September 30,
Three Months Ended September 30,Nine Months Ended September 30,
Comparison of the Three Months Ended September 30, 2026 and 2025
Net revenue was $23.1 million for the three months ended September 30, 2026, as compared to $22.0 million for the three months ended September 30, 2025. The increase of $1.1 million, or 5%, was due to an increase in GMV, mainly due to an increase in average order values and orders for the three mont…
Our marketplace transaction fees represent the majority of our net revenue and accounted for 74% of our net revenue for both of the three months ended September 30, 2026 and 2025. Subscription fees accounted for 20% and 21% of our net revenue for the three months ended September 30, 2026 and 2025, r…
Text removed vs the prior filing · source: 10-Q · 2026-08-05
Net revenue was $23.3 million for the three months ended June 30, 2026, as compared to $22.1 million for the three months ended June 30, 2025. The increase of $1.2 million, or 5%, was due to an increase in GMV, mainly due to an increase in average order value partially offset by a decrease in orders…
Our marketplace transaction fees represent the majority of our net revenue and accounted for 74% of our net revenue for both of the three months ended June 30, 2026 and 2025. Subscription fees accounted for 20% and 22% of our net revenue for the three months ended June 30, 2026 and 2025, respectivel…
Cost of revenue was $6.1 million for the three months ended June 30, 2026, as compared to $6.2 million for the three months ended June 30, 2025. The decrease of $0.2 million, or 2%, was mainly due to decreases in professional fees, depreciation, and net shipping expenses.
Gross profit was $17.2 million and gross margin was 73.9% for the three months ended June 30, 2026, as compared to gross profit of $15.9 million and gross margin of 71.8% for the three months ended June 30, 2025. The increase in gross profit and gross margin for the three months ended June 30, 2026 …
Sales and marketing expense was $5.4 million for the three months ended June 30, 2026, as compared to $8.1 million for the three months ended June 30, 2025. The decrease of $2.8 million, or 34%, was mainly due to a $1.4 million decrease in performance-based marketing. We also had a $1.2 million decr…
Market risk (Item 3)
Text removed vs the prior filing · source: 10-Q · 2026-08-05
maintain provisions for potential credit losses and such losses to date have been within our expectations. We evaluate the solvency of our customers on an ongoing basis to determine if additional allowances for doubtful accounts need to be recorded.
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-11-05
From time to time, we are involved in legal proceedings and subject to claims arising both inside and outside the ordinary course of business. During the year ended December 31, 2025, the Company received a $1.4 million complaint from a trustee in a third-party bankruptcy proceeding seeking recovery…
Text removed vs the prior filing · source: 10-Q · 2026-08-05
From time to time, we are involved in legal proceedings and subject to claims arising both inside and outside the ordinary course of business. During the year ended December 31, 2025, the Company received a $1.4 million complaint from a trustee in a third-party bankruptcy proceeding seeking recovery…
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-11-05
Transitions in our executive management team may be disruptive to, impact investor confidence in, or cause uncertainty in, our business, results of operations and the price of our common stock, and we may not successfully manage the transition associated with our new Chief Executive Officer.
On November 2, 2026, David Rosenblatt, who has served as Chief Executive Officer and Chairman of the Board since 2011, provided the Board of Directors with notice of his decision to resign from the position of Chief Executive Officer, effective January 1, 2027. The Board of Directors subsequently ap…
Leadership transitions of this nature can be disruptive to, impact investor confidence in, or cause uncertainty in, our business, results of operations and the price of our common stock. Leadership transitions are inherently difficult to manage and may result in the loss of institutional knowledge 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