LAAI — what changed in the latest 10-Q
A section-by-section comparison of LAAI'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 · 2026-08-14 vs the prior 10-Q · 2026-05-20
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +5 | −2 | ~10 | 36 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 4 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 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): 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 · 2026-08-14
The following table sets forth key components of our results of operations for the six months ended June 30, 2026 and 2025.
Operating expenses for the six months ended June 30, 2026 were $28,873 compared to $14,256 for the six months ended June 30, 2025.
For the six months ended June 30, 2026, the Company had a net loss of $28,873 compared to the six months period ended June 30, 2025 of a net loss of $14,256.
The following table provides selected balance sheet data for our Company at June 30, 2026 (unaudited) and December 31, 2025:
As of June 30, 2026, we had no cash and had a working capital deficit of $218,579. As of December 31, 2025, we had no cash and a working capital deficit of $189,706.
Text removed vs the prior filing · source: 10-Q · 2026-05-20
The following table provides selected balance sheet data for our Company at March 31, 2026 (unaudited) and December 31, 2025:
As of March 31, 2026, we had no cash and had a working capital deficit of $198,347. As of December 31, 2025, we had no cash and a working capital deficit of $189,706.
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