NGTF — what changed in the latest 10-K
A section-by-section comparison of NGTF'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-K · 2026-10-13 vs the prior 10-K · 2025-10-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| Business | Text added/removed | +29 | −31 | ~14 | 9 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 17 |
| Legal proceedings | Text added/removed | +1 | −1 | 0 | 0 |
| MD&A | Text added/removed | +89 | −258 | 0 | 0 |
| Market risk (Item 7A) | No paragraph-level changes | 0 | 0 | 0 | 1 |
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.
Business
Text added vs the prior filing · source: 10-K · 2026-10-13
Nightfood Holdings operates through five wholly owned subsidiaries that collectively position us to capitalize on the accelerating demand for automation and efficiency in the hospitality and foodservice industries: TechForce Robotics, Inc. (formerly Skytech Automated Solutions Inc.), Future Hospital…
Treasure Mountain Holdings, LLC is a hotel located at 71700 Highway 111, Rancho Mirage, California 92270. This property is owned by the Company as of September 30, 2025. Both hotel properties are encumbered by the mortgage notes payable described in Note 5 to the consolidated financial statements.
On August 27, 2025, the Company completed the acquisition of the Holiday Inn Victorville, a 155-room hotel property, through an all-equity transaction valued at approximately $39.0 million (excluding contingent consideration of $7.13 million), consisting of the issuance of 216,667 shares of the Comp…
On September 30, 2025, the Company completed the acquisition of Rancho Mirage Hilton LLC, the owner of the Hilton Garden Inn Palm Springs - Rancho Mirage, for total consideration of approximately $42.28 million (excluding contingent consideration of $4.8 million), which was satisfied through the iss…
The hotel properties support the Company’s hospitality operations and provide operating environments for evaluating and demonstrating its robotic solutions. Both properties are encumbered by the mortgage notes payable described in Note 5 to the consolidated financial statements.
Text removed vs the prior filing · source: 10-K · 2025-10-14
In addition to Nightfood, Inc., Nightfood Holdings acquired two (2) additional subsidiaries during fiscal year 2025 On February 2, 2024, Nightfood Holdings closed the acquisition of Future Hospitality Ventures Holdings Inc., a Nevada corporation (“FHVH” or “Future Hospitality”), and a new entrant in…
Nightfood Holdings, Inc. dba TechForce Robotics (the “Company”) operates through three wholly owned subsidiaries that collectively position us to capitalize on the accelerating demand for automation and efficiency in the hospitality and foodservice industries: TechForce Robotics, Inc. (formerly Skyt…
On August 27, 2025, the Company completed the acquisition of the Holiday Inn Victorville, a 155-room hotel, through a $39 million all-share exchange (216,667 shares of Series C, preferred stock). This property, one of two hotel assets recently acquired, not only strengthens our balance sheet but als…
Looking ahead, the Company intends to extend its robotics and automation solutions beyond hospitality into other labor-intensive sectors, including healthcare facilities, convention centers, educational institutions, and large-scale entertainment venues. By combining TechForce’s operational expertis…
During the first fiscal quarter of 2026, the Company completed two hotel acquisitions as part of its strategy to expand its owned and operated hospitality platform in key California markets. On August 27, 2025, the Company acquired Victorville Treasure Holdings LLC, owner of a 155-room property in V…
Legal proceedings
Text added vs the prior filing · source: 10-K · 2026-10-13
From time to time, the Company may be subject to claims arising in the ordinary course of business. The Company is not currently a party to any material pending legal proceedings. See Note 7 to the consolidated financial statements.
Text removed vs the prior filing · source: 10-K · 2025-10-14
There are no current, past, pending or threatened legal proceedings or administrative actions either by or against the issuer that could have a material effect on the issuer’s business, financial condition, or operations. The Company is not currently aware of any creditor disputes, vendor collection…
MD&A
Text added vs the prior filing · source: 10-K · 2026-10-13
The following discussion should be read together with our consolidated financial statements and the related notes included in this Annual Report on Form 10-K. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from tho…
We are a service robotics and hospitality technology company with three (3) reportable segments: Hotel Operations, Foodservice Packaging Distribution and Robotics-as-a-Service (“RaaS”). Our legacy snacks and beverages business was discontinued on June 30, 2025, and is presented as discontinued opera…
Fiscal 2026 was the first year in which all three segments operated. The Company acquired the Holiday Inn Victorville on August 27, 2025, and the Hilton Garden Inn Rancho Mirage on September 30, 2025, each for Series C Convertible Preferred Stock (see Note 9). The hotels contributed $6,455,902 of re…
The matters that we believe are most important to an understanding of our results and financial condition are:
●the goodwill impairment charges of $63,886,000 and the possibility of further impairment if the hotels do not perform to the revised projections (item C);
Text removed vs the prior filing · source: 10-K · 2025-10-14
The following discussion and analysis of the results of our operations and financial condition should be read in conjunction with our financial statements, and the notes to those financial statements that are included elsewhere in this Report. All monetary figures are presented in U.S. dollars, unle…
Certain information contained in this MD&A includes “forward-looking statements.” Statements which are not historical reflect our current expectations and projections about our future results, performance, liquidity, financial condition and results of operations, prospects and opportunities and are …
In light of these risks and uncertainties, and especially given the nature of our existing and proposed business, there can be no assurance that the forward-looking statements contained in this section and elsewhere in this Annual Report on Form 10-K will in fact occur. Potential investors should no…
Results of Operations for the Years Ended June 30, 2025 and 2024
Revenues were $482,285 in fiscal 2025 compared to no revenues from continuing operations in fiscal 2024. The increase was attributable to (i) the launch of Foodservice Packaging Distribution following its acquisition on March 31, 2025, and (ii) the commencement of initial customer billings under the…
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