FRSH — what changed in the latest 10-Q
A section-by-section comparison of FRSH'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 · 2026-11-03 vs the prior 10-Q · 2026-08-04
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +48 | −36 | ~14 | 41 |
| Market risk (Item 3) | Text added/removed | +3 | −2 | ~3 | 2 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 3 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +3 | 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 · 2026-11-03
In October 2026, the Company completed the acquisitions of Torii Labs Ltd. and its wholly owned subsidiary, Torii Software, Inc. (collectively, “Torii”), a provider of SaaS management and AI spend governance software, and Robusta Dev Ltd. (“Robusta”), a provider of AI-powered troubleshooting and aut…
adverse conditions persist, they could have a material adverse impact on our results and our ability to accurately predict our future results and earnings.
Given our business model is primarily subscription-based, the effects of the macroeconomic conditions may not be fully reflected in our revenue until future periods. The ultimate impact on our business and operations remains highly uncertain, and it is not possible for us to predict the duration and…
may reflect a higher rate than the actual rate if customers on monthly subscriptions choose not to renew during the course of the 12 months. Monthly subscriptions represented 11% and 13% of ARR as of September 30, 2026 and 2025, respectively. The net dollar retention rate for customers on monthly co…
Our net dollar retention rate was 104% as of September 30, 2026, compared to 105% as of September 30, 2025. This decrease was primarily due to unfavorable fluctuations in foreign currency exchange rates. We expect our net dollar retention rate may fluctuate more in future periods due to a number of …
Text removed vs the prior filing · source: 10-Q · 2026-08-04
Given our business model is primarily subscription-based, the effects of the macroeconomic conditions may not be fully reflected in our revenue until future periods. The ultimate impact on our business and operations remains highly uncertain, and it is not possible for us to predict the duration and…
Form 10-K for the year ended December 31, 2025 for further discussion of the challenges and risks we have encountered and could encounter related to these macroeconomic events.
Our net dollar retention rate was 104% as of June 30, 2026, compared to 106% as of June 30, 2025. This decrease was primarily due to unfavorable fluctuations in foreign exchange rates. We expect our net dollar retention rate may fluctuate more in future periods due to a number of factors, including,…
•Income tax effect and adjustments. Starting 2026, we utilize a long-term projected non-GAAP tax rate to compute our non-GAAP income tax provision in order to provide better consistency across interim reporting periods. Our non-GAAP tax rate reflects our estimated long-term effective tax rate based …
Employer payroll taxes on employee stock transactions721 702 1,478 1,901
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-11-03
Beginning in August 2026, we entered into short-dated foreign currency forward contracts to reduce the effect of exchange rate fluctuations on the remeasurement of rupee-denominated monetary assets and liabilities. These foreign currency forward contracts are not designated as hedging instruments, a…
Our cash, cash equivalents, and marketable securities primarily consist of deposits held at financial institutions, highly liquid money market funds, and investments in U.S. treasury securities, U.S. government agency securities, corporate bonds and commercial paper. We had cash and cash equivalents…
purposes. The carrying amount of our cash equivalents reasonably approximate fair value, due to the maturities of three months or less of these instruments. Our investments are subject to market risk due to changes in interest rates, which may affect our interest income and the fair value of our inv…
Text removed vs the prior filing · source: 10-Q · 2026-08-04
Our cash, cash equivalents, and marketable securities primarily consist of deposits held at financial institutions, highly liquid money market funds, and investments in U.S. treasury securities, U.S. government agency securities, corporate bonds and commercial paper. We had cash and cash equivalents…
income may fall short of our expectations due to changes in interest rates or we may suffer losses in principal if we are forced to sell securities that decline in market value due to changes in interest rates. However, because we classify our marketable securities as “available for sale,” no gains …
Other information
Text added vs the prior filing · source: 10-Q · 2026-11-03
NameTitleActionAdoption DateExpiration DateTotal number of shares of Class A common stock to be sold
Tyler SloatChief Operating Officer and Chief Financial Officer
(2) The shares that may be sold under the Rule 10b5-1 trading plan include up to 218,023 shares of our Class A Common Stock that are subject to restricted stock unit awards previously granted to Mr. Manning that may vest and be released to Mr. Manning on or prior to June 30, 2027 (subject to the sat…
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