FNGR — what changed in the latest 10-Q
A section-by-section comparison of FNGR'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 · 2026-07-15 vs the prior 10-Q · 2026-01-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +91 | −115 | ~9 | 25 |
| Market risk (Item 3) | Text added/removed | +154 | −161 | ~61 | 282 |
| Controls & procedures | Text added/removed | +148 | −152 | ~48 | 122 |
| Legal proceedings | Text added/removed | +148 | −152 | ~48 | 122 |
| Risk factors | Some risk factors updated | +148 | −152 | ~48 | 122 |
| Other information | Text added/removed | +148 | −152 | ~47 | 122 |
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 · 2026-07-15
The Company has been organized as a holding company and conducts a significant part of its operations through subsidiaries and contractual arrangements with affiliated entities in the PRC, including Shanghai JiuGe Information Technology Co., Ltd. (“JiuGe Technology”, “our VIE” or “the VIE”). The Com…
These contractual arrangements are intended to provide the Company with effective control over the VIE and the ability to receive substantially all of the economic benefits of the VIE’s operations. The VIE structure is employed to comply with PRC laws and regulations that restrict or prohibit foreig…
The Company’s holding company structure presents unique risks as the Company’s investors may never directly hold equity interests in the Company’s subsidiaries or the VIE.
The Company relies on distributions and other payments from its subsidiaries and VIE to fund its operations. These payments are subject to PRC laws and regulations, including restrictions on dividends, foreign exchange controls, and other regulatory requirements.
The Company’s subsidiaries and VIE are subject to regulation by PRC authorities, including the China Securities Regulatory Commission (“CSRC”) and the Cyberspace Administration of China (“CAC”). As of the date of this report, the Company is not required to obtain specific approvals from these author…
Text removed vs the prior filing · source: 10-Q · 2026-01-14
The Company was initially incorporated as Property Management Corporation of America on January 23, 2014 in the State of Delaware.
On June 21, 2017, the Company amended its certificate of incorporation to effect a 1-for-4 reverse stock split of the Company’s outstanding common stock, to increase the authorized shares of common stock to 200,000,000 shares and to change the name of the Company from “Property Management Corporatio…
Our principal executive offices are located at 111 Somerset Road, Level 3, Singapore 238164, and our telephone number is (347) 349-5339.
Our Company has been organized as a holding company and conducts a significant part of our operations through our subsidiaries and through contractual arrangements with Shanghai JiuGe Information Technology Co., Ltd. (“JiuGe Technology,” “our VIE” or “the VIE”), a variable interest entity (“VIE”) ba…
As described in more detail below, under the subheading “VIE Agreements,” we fund the registered capital and operating expenses of the VIE by extending loans to Ms. Li Li, the sole shareholder of the VIE, for the purpose of funding the capital contribution of the subscribed capital of the VIE. The V…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-07-15
Less: Comprehensive income (loss) attributable to non-controlling interest (616) 542
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
(Increase) decrease in prepayment and deposit (148,973) 862,490
Increase (decrease) in accrual and other payables (1,251,456) 26,048
Effect of exchange rates on cash and cash equivalents (10,551) (15,469)
Text removed vs the prior filing · source: 10-Q · 2026-01-14
Increase (decrease) in accrual and other payables 1,593,083 567,593
Effect of exchange rates on cash and cash equivalents (19,919) (3,367)
Common stock issued for purchase of software IP $2,355,000 $—
The following assets and liabilities and of the VIE and VIE’s subsidiaries are included in the accompanying condensed consolidated financial statements of the Company as of November 30, 2025 and February 28, 2025:
The Company adopted ASC 606, Revenue from Contracts with Customers (“ASC 606”) beginning on January 1, 2018 using the modified retrospective approach. ASC 606 establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the …
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-07-15
Less: Comprehensive income (loss) attributable to non-controlling interest (616) 542
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
(Increase) decrease in prepayment and deposit (148,973) 862,490
Increase (decrease) in accrual and other payables (1,251,456) 26,048
Effect of exchange rates on cash and cash equivalents (10,551) (15,469)
Text removed vs the prior filing · source: 10-Q · 2026-01-14
Increase (decrease) in accrual and other payables 1,593,083 567,593
Effect of exchange rates on cash and cash equivalents (19,919) (3,367)
Common stock issued for purchase of software IP $2,355,000 $—
The following assets and liabilities and of the VIE and VIE’s subsidiaries are included in the accompanying condensed consolidated financial statements of the Company as of November 30, 2025 and February 28, 2025:
The Company adopted ASC 606, Revenue from Contracts with Customers (“ASC 606”) beginning on January 1, 2018 using the modified retrospective approach. ASC 606 establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the …
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-07-15
Less: Comprehensive income (loss) attributable to non-controlling interest (616) 542
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
(Increase) decrease in prepayment and deposit (148,973) 862,490
Increase (decrease) in accrual and other payables (1,251,456) 26,048
Effect of exchange rates on cash and cash equivalents (10,551) (15,469)
Text removed vs the prior filing · source: 10-Q · 2026-01-14
Increase (decrease) in accrual and other payables 1,593,083 567,593
Effect of exchange rates on cash and cash equivalents (19,919) (3,367)
Common stock issued for purchase of software IP $2,355,000 $—
The following assets and liabilities and of the VIE and VIE’s subsidiaries are included in the accompanying condensed consolidated financial statements of the Company as of November 30, 2025 and February 28, 2025:
The Company adopted ASC 606, Revenue from Contracts with Customers (“ASC 606”) beginning on January 1, 2018 using the modified retrospective approach. ASC 606 establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the …
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-07-15
Less: Comprehensive income (loss) attributable to non-controlling interest (616) 542
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
(Increase) decrease in prepayment and deposit (148,973) 862,490
Increase (decrease) in accrual and other payables (1,251,456) 26,048
Effect of exchange rates on cash and cash equivalents (10,551) (15,469)
Text removed vs the prior filing · source: 10-Q · 2026-01-14
Increase (decrease) in accrual and other payables 1,593,083 567,593
Effect of exchange rates on cash and cash equivalents (19,919) (3,367)
Common stock issued for purchase of software IP $2,355,000 $—
The following assets and liabilities and of the VIE and VIE’s subsidiaries are included in the accompanying condensed consolidated financial statements of the Company as of November 30, 2025 and February 28, 2025:
The Company adopted ASC 606, Revenue from Contracts with Customers (“ASC 606”) beginning on January 1, 2018 using the modified retrospective approach. ASC 606 establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the …
Other information
Text added vs the prior filing · source: 10-Q · 2026-07-15
Less: Comprehensive income (loss) attributable to non-controlling interest (616) 542
Weighted Average Common Shares Outstanding - Diluted 61,281,308 57,289,873
(Increase) decrease in prepayment and deposit (148,973) 862,490
Increase (decrease) in accrual and other payables (1,251,456) 26,048
Effect of exchange rates on cash and cash equivalents (10,551) (15,469)
Text removed vs the prior filing · source: 10-Q · 2026-01-14
Increase (decrease) in accrual and other payables 1,593,083 567,593
Effect of exchange rates on cash and cash equivalents (19,919) (3,367)
Common stock issued for purchase of software IP $2,355,000 $—
The following assets and liabilities and of the VIE and VIE’s subsidiaries are included in the accompanying condensed consolidated financial statements of the Company as of November 30, 2025 and February 28, 2025:
The Company adopted ASC 606, Revenue from Contracts with Customers (“ASC 606”) beginning on January 1, 2018 using the modified retrospective approach. ASC 606 establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the …
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