GSMT — what changed in the latest 10-Q
A section-by-section comparison of GSMT'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 · 2026-04-09 vs the prior 10-Q · 2025-12-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +5 | −6 | ~13 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
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), Risk factors, 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 · 2026-04-09
The Company’s business model centers on cloud rendering services. As we continue to expand, the gradual growth of our cloud rendering will provide opportunities to further increase revenue from the sale of rendering capacities.
We are considering choosing online marketing as our key strategy to attract users. We will invest into promotion via different social networks and search engine optimization. The Company also receives ongoing advisory support related to its branding, content development, and overall marketing strate…
Total expenses increased by $16,882 due to an increase in general administrative expenses, including search engine optimization (“SEO”) services, website maintenance services, and marketing services.
Results of Operations for the Nine Months Ended February 28, 2026 and 2025
For the nine months ended February 28, 2026 and 2025, we generated total revenue of $57,826 and $1,200, respectively.
Text removed vs the prior filing · source: 10-Q · 2025-12-30
The Company’s business model centers on cloud rendering services. We believe that revenue growth and long-term profitability can be achieved in the year 2025 and beyond by ensuring the technical performance of our cloud rendering platform remains highly cost-effective. As we continue to expand, the …
We are considering choosing online marketing as our key strategy to attract users. We will invest into promotion via different social networks and search engine optimization. This is planned to help us to appear in users search inquiries by key words.
Total expenses decreased by $22,448, driven by a reduction in professional fees and general and administrative expenses due to timing of services provided by third-parties and the CEO.
Net loss for three months ended November 30, 2025 was $6,439.
Results of Operations for the Six Months Ended November 30, 2025 and 2024
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