KSCP — what changed in the latest 10-Q
A section-by-section comparison of KSCP'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 · 2026-08-12 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +24 | −15 | ~10 | 17 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 2 |
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 · 2026-08-12
Change in fair value of contingent consideration and acquisition-related liabilities
Total revenue, net for the three months ended June 30, 2026 increased by 228%, or $6.3 million, to $9.0 million compared to $2.7 million for the same period in the prior year. The increase was driven by a $6.6 million increase in service revenue, partially offset by a $0.3 million decrease in produc…
Service revenue increased by 315%, to $8.6 million for the three months ended June 30, 2026, from $2.1 million in the prior year period. The increase was primarily driven by $6.8 million of service revenue recognized following the KSF Acquisition. This increase was partially offset by lower ASR subs…
Product revenue decreased by $0.3 million, or 42%, to $0.4 million for the three months ended June 30, 2026, from $0.7 million in the prior year period.
Total cost of revenue was $8.4 million for the three months ended June 30, 2026, an increase of $4.7 million compared to the same period in the prior year. This increase was the result of $4.9 million in higher cost of revenue, service partially offset by lower cost of revenue, product of $0.2 milli…
Text removed vs the prior filing · source: 10-Q · 2026-05-15
As the acquired business has not been integrated, the CODM evaluates segment performance primarily based on revenue and gross margin and allocates resources based on consolidated operating results and liquidity considerations. The measure of segment assets is reported on the Condensed Consolidated B…
The Company expects the Security Force operations to become increasingly integrated within the Company’s broader service offerings and managed services platform over time.
As of May 8, 2026, the Company had a total backlog of approximately $0.8 million, comprised of $0.6 million related to ASR orders and $0.2 million related to orders for ECDs.
Comparison of the Three Months Ended March 31, 2026 and 2025
Total revenue, net for the three months ended March 31, 2026 increased by 106%, or $3.1 million, to $6.0 million compared to $2.9 million for the same period in the prior year. The increase was driven by a $2.1 million increase in service revenue and a $1.0 million increase in product revenue.
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