FTCO — what changed in the latest 10-Q
A section-by-section comparison of FTCO'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 · 2026-08-04 vs the prior 10-Q · 2026-05-11
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +36 | −19 | ~12 | 37 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| 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.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors
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 · 2026-08-04
●2,133 gold ounces produced, an increase of 210% from the first quarter of 2026
●$1,200 total cash cost after by-product credits per gold ounce sold for the Isabella Pearl Mine
●$2,549 per ounce total all-in sustaining cost for the Isabella Pearl Mine
●$1,326 total cash cost after by-product credits per gold ounce sold for the County Line Mine
●$1,886 per ounce total all-in sustaining cost for the County Line Mine
Text removed vs the prior filing · source: 10-Q · 2026-05-11
●Commenced production at County Line and Isabella Pearl’s Scarlet South
●Entered into a 60% Joint Venture for the East Camp Douglas property
●$1,017 total cash cost after by-product credits per gold ounce sold for the Isabella Pearl Mine
●$2,263 per ounce total all-in sustaining cost for the Isabella Pearl Mine
During the three months ended March 31, 2026 and 2025, we produced a total of 688 and 1,780 ounces of gold, respectively. This decrease was primarily driven by lower leach pad recoveries, resulting from the timing of material placement on the pad and the start-up of operations from County Line and 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