HAFG — what changed in the latest 10-Q
A section-by-section comparison of HAFG'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 · 2026-05-11 vs the prior 10-Q · 2025-11-10
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +23 | −30 | ~7 | 18 |
| Controls & procedures | Text added/removed | +1 | −1 | ~3 | 0 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 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
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 · 2026-05-11
Digital Marketing and Video Production. We provide marketing and video production services, including digital marketing and offline advertising, focusing on Singapore, Taiwan, Australia and Hong Kong markets, with continued expansion into other Asian regions. Our services include online campaign exe…
For the three months ended March 31, 2026 and 2025, our Digital Marketing and Video Production business generated service revenues of $772,652 and $263,638, respectively, accounting for approximately 75.9% and 100% of our total revenues.
Products Sale and Export Trading. The Company focuses on export trading activities of various products. The Company also provides sourcing, procurement and trading services based on customer demand. For the three months ended March 31, 2026 and 2025, our Products Sale and Export Trading business gen…
In 2026, the Company further expanded its business operations by commencing export trading activities of various products. During the three months ended March 31, 2026, the Company generated export trading revenue of $244,896. The Company expects this business line to further diversify its revenue s…
The following table sets forth key components of our results of operations during the three months ended March 31, 2026 and 2025, together with the corresponding period-over-period changes.
Text removed vs the prior filing · source: 10-Q · 2025-11-10
Digital Marketing and Video Production. We offer professional social media digital marketing and video production services, focusing on the Singapore, Australia, Hong Kong and Taiwan markets and gradually expanding into other Asian markets. We deliver tailored marketing solutions to help brands acce…
In addition to content creation and production, the Company offers comprehensive information promotion and digital campaign optimization services. This includes the development of targeted advertising content, media planning and placement, and the management of performance-driven marketing campaigns…
For the three months ended September 30, 2025 and 2024, our Digital Marketing and Video Production business generated revenues of $1,235,465 and $6,895, respectively, accounting for 100% and 100% of our total revenues. For the nine months ended September 30, 2025 and 2024, our Digital Marketing and …
Wellness Products Sale. We sell Australian-branded nutrition, health, and wellness products in Taiwan. We provide consumers with a convenient shopping experience mainly through offline group-buying activities. For the three months ended September 30, 2025 and 2024, our Wellness Products Sale busines…
In 2025, the Company expanded its digital service offerings by launching a new advertising service offering to further enhance its capabilities in paid media and performance marketing. This new offering focuses on delivering integrated advertising solutions—including campaign strategy, media buying,…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-11
Management is responsible for establishing and maintaining adequate internal control over financial reporting. Because we became subject to the reporting requirements of the Exchange Act upon the effectiveness of our Form 10 filed on February 27, 2025, we are treated as a newly public company for pu…
Text removed vs the prior filing · source: 10-Q · 2025-11-10
Due to the recent effectiveness of our Form 10 filed on February 27, 2025, we have not yet been required to file an annual report and, accordingly, are not required to provide a report on management’s assessment of internal control over financial reporting.
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