EESH — what changed in the latest 10-Q
A section-by-section comparison of EESH'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 · 2023-11-14 vs the prior 10-Q · 2023-08-21
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +11 | −18 | ~8 | 26 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | −2 | ~3 | 52 |
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), 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 · 2023-11-14
Nine Months Ended 30 September 2023 compared to Nine Months Ended 30 September 2022
Net Loss. Our net loss for the nine months ended September 30, 2023 and 2022 was $970,653 and $875,341 respectively. There was a decrease in revenue for the nine months ended September 30, 2023 of $19,712 compared with the same period last year due to the pending delivery of the engineering study to…
General Administrative Expenses. Our general administrative expenses for the nine months ended September 30, 2023 and 2022 were $1,089,078 and $1,013,478 respectively. An increase of $75,600 or 7%. The increase is primarily attributable to the increase in accounting fees by $89,488 (2023: $149,903; …
Net Loss. Our net loss for the three months ended September 30, 2023 and 2022 were $336,606 and $421,647, respectively. There was no revenue recognized for the three months ended September 30, 2023 since the engineering study is yet to be handed over because there are several design variations that …
General Administrative Expenses. Our general administrative expenses for the three months ended September 30, 2023 and 2022 were $336,606 and $505,907, respectively. A decrease of $169,301 or 33%. The decrease is primarily due to legal fees which were $11,587 and $165,175 for the three months ended …
Text removed vs the prior filing · source: 10-Q · 2023-08-21
cashflows are generated. In August 2021, a trial has begun with Sasol for which EESTech Inc is being paid. While this trial was extended in July 2022, revenue at this stage is minimal and as such, losses are still being recorded.
The rapid global spread of the COVID-19 virus since December 2019 has affected production and sales, and disrupted supply chains across a range of industries. On March 11, 2020, the World Health Organization declared the outbreak of COVID-19 as a “pandemic”, or a worldwide spread of a new disease. O…
To date, the primary impact of COVID-19 experienced by the Company was a delay in the Environmental Impact Assessment (EIA) for the Samancor project completion and approval, which took more than one year rather than the typical few months. EESTech Inc do not anticipate any further future impact from…
Where there have been supply chain logistics and production delays from factory shutdowns by suppliers during COVID-19, which have had an ongoing impact, the Company has extended expected delivery timelines within its scope of works and construction timeframes to offset the possible impact of any fu…
Net Loss. Our net loss for the six months ended June 30, 2023 and 2022 was $634,047 and $454,623 respectively. There was an increase in revenue for the six months ended June 30, 2023 of $66,915 compared with the same period last year due to the completion of a large amount of work on the trial with …
Risk factors
Text removed vs the prior filing · source: 10-Q · 2023-08-21
The COVID-19 pandemic may continue to create economic disruption and uncertainty around the world, and may continue to impact us, our suppliers and our customers.
The novel coronavirus disease of 2019 (COVID-19) has created significant economic disruption and uncertainty around the world. COVID-19 has impacted us and our customers primarily due to an overall disruption in supply chains and operations. The lingering impact of these conditions on our business i…
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