NPHC — what changed in the latest 10-Q
A section-by-section comparison of NPHC'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 · 2026-08-19 vs the prior 10-Q · 2026-05-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +14 | −5 | ~10 | 49 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 8 |
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): Market risk (Item 3), 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 · 2026-08-19
During the second quarter of 2026, we have brought the Company’s financial reporting current.
Operating expenses increased by $114,132, or 32.24%, from $353,957 for the quarter ended June 30, 2025 to $468,089 for the quarter ended June 30, 2026. The increase was primarily attributable to higher consulting fees related to general business advisory services and professional fees incurred in co…
Other income was $2,305 and $8,750 for the three months ended June 30, 2026 and 2025, respectively. The increase was primarily attributable to $5,000 recognized during the second quarter of 2025 related to amounts received from a related party for the shared use of equipment.
Gain on settlement of debt decreased by $53,526, from a gain of $53,526 the second quarter of 2025 to no gain or loss during the second quarter of 2026, primarily due to a gain recognized from a debt settlement executed during the second quarter of 2025.
Results of Operations – Comparison of Six-Month Periods Ended June 30, 2026 and 2025
Text removed vs the prior filing · source: 10-Q · 2026-05-29
Throughout first quarter of 2026, we have worked with our auditors and consultants to bring the Company’s financial reporting current.
Operating expenses decreased by $10,726, or 2.62%, from $408,950 for the quarter ended March 31, 2025 to $398,224 for the quarter ended March 31, 2026. Operating expenses remained generally consistent with the prior-year period, as decreases in payroll and other general and administrative costs were…
Other income was $0 and $50,000 for the three months ended March 31, 2026 and 2025, respectively. The other income for the 2025 period was primarily driven by $50,000 recognized in the first quarter of 2025, earned under a short-term research and development services contract.
Gain on settlement of debt increased by $140,500, from no gain or loss during the first quarter of 2025 to a gain of $140,500 during the first quarter of 2026. The gain recognized during the current-year period was primarily attributable to debt settlement agreements executed in January 2026, which …
We have incurred significant losses from operations and working capital and stockholders’ deficits raise substantial doubt about our ability to continue as a going concern. Further, as stated in Note 1 to our condensed consolidated unaudited financial statements for the period ended March 31, 2026, …
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