INIO — what changed in the latest 10-Q
A section-by-section comparison of INIO'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 · 2026-10-27 vs the prior 10-Q · 2026-07-28
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +56 | −446 | ~43 | 53 |
| Market risk (Item 3) | Text added/removed | +12 | −1 | 0 | 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): Controls & procedures, Legal proceedings, 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 · 2026-10-27
Three Months Ended September 30,Nine Months Ended September 30,
Interest expense and related financing costs - net46.9 34.9 170.6 84.9
Comparison of the Three Months Ended September 30, 2026 and 2025
Sales of equipment and products increased by $360.2 million, or 86.3%, to $777.6 million for the three months ended September 30, 2026 compared to $417.4 million for the three months ended September 30, 2025. The increase was primarily due to the continuous high demand for our Type 6 engines in the …
Sales of services increased by $65.0 million, or 20.0%, to $390.3 million for the three months ended September 30, 2026 compared to $325.3 million for the three months ended September 30, 2025. The increase was primarily driven by an increase in sales of transactional spare parts, OH&R and CM&U to c…
Text removed vs the prior filing · source: 10-Q · 2026-07-28
Sales of equipment and products increased by $215.2 million, or 60.8%, to $569.3 million for the three months ended June 30, 2026 compared to $354.1 million for the three months ended June 30, 2025. The increase was primarily due to the continuous high demand for our Type 6 engines, both in our data…
Sales of services increased by $63.0 million, or 20.6%, to $368.4 million for the three months ended June 30, 2026 compared to $305.4 million for the three months ended June 30, 2025. The increase was primarily driven by an increase in sales of transactional spare parts to customers in Europe and No…
Cost of equipment and products sold increased by $170.6 million, or 68.0%, to $421.6 million for the three months ended June 30, 2026 compared to $251.0 million for the three months ended June 30, 2025. The increase was primarily due to the increase in our equipment and products sold and higher tran…
Cost of services sold increased by $28.1 million, or 15.6%, to $208.2 million for the three months ended June 30, 2026 compared to $180.1 million for the three months ended June 30, 2025. The increase was primarily due to the increase in our services sold, and an increased proportion of CSA sales wh…
Selling, general and administrative expenses increased by $130.8 million, or 129.0%, to $232.2 million for the three months ended June 30, 2026 compared to $101.4 million for the three months ended June 30, 2025. The increase was primarily due to additional costs related to our IPO including consult…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-10-27
We are exposed to market risks in the ordinary course of our business. Market risk represents the risk of loss that may impact our financial position due to adverse changes in financial market prices and rates. Our market risk exposure is primarily the result of fluctuations in credit, liquidity, fo…
Our exposure to credit risk arises from accounts receivable not yet sold, contract assets, cash and cash equivalents and other financial assets measured at amortized cost. We maintain an allowance for expected credit losses that reflects historical experience, current conditions and reasonable and s…
We operate under a formal credit policy pursuant to which each new customer is individually assessed for creditworthiness before non–standard payment and delivery terms are extended, including review of external ratings where available, financial statements, credit agency and industry information an…
We define liquidity risk as the risk that we may encounter difficulty in meeting obligations associated with our financial liabilities that are settled by delivering cash or another financial asset. We generally have access to multiple funding sources to support operations, investments and potential…
In addition, we have implemented both a factoring program and a reverse factoring program to further support working capital efficiency and liquidity. Based on the above, we consider our liquidity risk to be low.
Text removed vs the prior filing · source: 10-Q · 2026-07-28
Quantitative and Qualitative Disclosures About Market Risk 59
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