MDBH — what changed in the latest 10-Q
A section-by-section comparison of MDBH'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 · 2026-08-13 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +91 | −61 | ~96 | 139 |
| Market risk (Item 3) | Text added/removed | +91 | −61 | ~95 | 139 |
| Controls & procedures | Text added/removed | +91 | −61 | ~95 | 139 |
| Legal proceedings | Text added/removed | +91 | −61 | ~95 | 139 |
| Risk factors | Some risk factors updated | +91 | −61 | ~95 | 139 |
| Other information | Text added/removed | +91 | −61 | ~94 | 139 |
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 · 2026-08-13
Investment securities, at fair value, held by the non-licensed broker dealer (Notes 1 and 2) 158 235
Unrealized gain (loss) on investment securities, net (from our non-licensed broker dealer) (Notes 1 and 2) (61) - (177) -
Less: Net loss attributable to non-controlling interests (2) (2) (3) (17)
Net loss per share attributable to MDB Capital Holdings, LLC:
Weighted average of Class A common shares outstanding – basic and diluted 5,410 4,951 5,326 4,951
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Net loss attributable to MDB Capital Holdings, LLC $(6,735) $(6,587)
Loss per Class A common share – basic and diluted $(0.66) $(0.66)
Weighted average of Class A common shares outstanding – basic and diluted 5,241 4,951
Loss per Class B common share – basic and diluted $(0.65) $(0.66)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (3,014) (1,258)
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-13
Investment securities, at fair value, held by the non-licensed broker dealer (Notes 1 and 2) 158 235
Unrealized gain (loss) on investment securities, net (from our non-licensed broker dealer) (Notes 1 and 2) (61) - (177) -
Less: Net loss attributable to non-controlling interests (2) (2) (3) (17)
Net loss per share attributable to MDB Capital Holdings, LLC:
Weighted average of Class A common shares outstanding – basic and diluted 5,410 4,951 5,326 4,951
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Net loss attributable to MDB Capital Holdings, LLC $(6,735) $(6,587)
Loss per Class A common share – basic and diluted $(0.66) $(0.66)
Weighted average of Class A common shares outstanding – basic and diluted 5,241 4,951
Loss per Class B common share – basic and diluted $(0.65) $(0.66)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (3,014) (1,258)
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-13
Investment securities, at fair value, held by the non-licensed broker dealer (Notes 1 and 2) 158 235
Unrealized gain (loss) on investment securities, net (from our non-licensed broker dealer) (Notes 1 and 2) (61) - (177) -
Less: Net loss attributable to non-controlling interests (2) (2) (3) (17)
Net loss per share attributable to MDB Capital Holdings, LLC:
Weighted average of Class A common shares outstanding – basic and diluted 5,410 4,951 5,326 4,951
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Net loss attributable to MDB Capital Holdings, LLC $(6,735) $(6,587)
Loss per Class A common share – basic and diluted $(0.66) $(0.66)
Weighted average of Class A common shares outstanding – basic and diluted 5,241 4,951
Loss per Class B common share – basic and diluted $(0.65) $(0.66)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (3,014) (1,258)
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-13
Investment securities, at fair value, held by the non-licensed broker dealer (Notes 1 and 2) 158 235
Unrealized gain (loss) on investment securities, net (from our non-licensed broker dealer) (Notes 1 and 2) (61) - (177) -
Less: Net loss attributable to non-controlling interests (2) (2) (3) (17)
Net loss per share attributable to MDB Capital Holdings, LLC:
Weighted average of Class A common shares outstanding – basic and diluted 5,410 4,951 5,326 4,951
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Net loss attributable to MDB Capital Holdings, LLC $(6,735) $(6,587)
Loss per Class A common share – basic and diluted $(0.66) $(0.66)
Weighted average of Class A common shares outstanding – basic and diluted 5,241 4,951
Loss per Class B common share – basic and diluted $(0.65) $(0.66)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (3,014) (1,258)
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-13
Investment securities, at fair value, held by the non-licensed broker dealer (Notes 1 and 2) 158 235
Unrealized gain (loss) on investment securities, net (from our non-licensed broker dealer) (Notes 1 and 2) (61) - (177) -
Less: Net loss attributable to non-controlling interests (2) (2) (3) (17)
Net loss per share attributable to MDB Capital Holdings, LLC:
Weighted average of Class A common shares outstanding – basic and diluted 5,410 4,951 5,326 4,951
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Net loss attributable to MDB Capital Holdings, LLC $(6,735) $(6,587)
Loss per Class A common share – basic and diluted $(0.66) $(0.66)
Weighted average of Class A common shares outstanding – basic and diluted 5,241 4,951
Loss per Class B common share – basic and diluted $(0.65) $(0.66)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (3,014) (1,258)
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-13
Investment securities, at fair value, held by the non-licensed broker dealer (Notes 1 and 2) 158 235
Unrealized gain (loss) on investment securities, net (from our non-licensed broker dealer) (Notes 1 and 2) (61) - (177) -
Less: Net loss attributable to non-controlling interests (2) (2) (3) (17)
Net loss per share attributable to MDB Capital Holdings, LLC:
Weighted average of Class A common shares outstanding – basic and diluted 5,410 4,951 5,326 4,951
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Net loss attributable to MDB Capital Holdings, LLC $(6,735) $(6,587)
Loss per Class A common share – basic and diluted $(0.66) $(0.66)
Weighted average of Class A common shares outstanding – basic and diluted 5,241 4,951
Loss per Class B common share – basic and diluted $(0.65) $(0.66)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (3,014) (1,258)
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