NNAX — what changed in the latest 10-Q
A section-by-section comparison of NNAX'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 · 2025-11-13 vs the prior 10-Q · 2025-08-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +20 | −17 | ~3 | 16 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | 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.
Not shown (absent or not faithfully extractable): 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 · 2025-11-13
Comparison of the Three Months ended September 30, 2025 and 2024
The following table sets forth certain operational data for the three months ended September 30, 2025 and 2024:
Revenue. We generated revenues of $0 and $0 for the three months ended September 30, 2025 and 2024 respectively, as the Company has ceased ticket sales from September 2023.
Other Income. We incurred other income of $49,754 and $1,875 for the three months ended September 30, 2025 and 2024, respectively. Other income mainly included government subsidies and bank interest income for the three months ended September 30, 2025 and 2024, respectively. Gain on disposal of subs…
Total Operating Expenses (“TOE”). We incurred TOE expenses of $20,682 and $32,335 for the three months ended September 30, 2025 and 2024, respectively. The decrease in G&A is primarily attributable to no accounting fee, depreciation of right of use assets, property management fees were recorded in t…
Text removed vs the prior filing · source: 10-Q · 2025-08-14
The following table sets forth certain operational data for the three months ended June 30, 2025 and 2024:
Revenue. We generated revenues of $0 and $0 for the three months ended June 30, 2025 and 2024 respectively, as the Company has ceased ticket sales from September 2023.
Other Income. We incurred other income of $3,209 and $12,492 for the three months ended June 30, 2025 and 2024, respectively. The decrease in other income is primarily attributable to no interest being recognized on convertible note arising from the conversion of the convertible notes that recognize…
Total Operating Expenses (“TOE”). We incurred TOE expenses of $21,040 and $32,435 for the three months ended June 30, 2025 and 2024, respectively. The decrease in G&A is primarily attributable to no accounting fee, depreciation of right of use assets, property management fee, rent and rates were rec…
Income Tax Expense. Our income tax expenses for the three months ended June 30, 2025 and 2024 were $0 and $0.
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