OBAI — what changed in the latest 10-Q
A section-by-section comparison of OBAI'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 · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +35 | −16 | ~7 | 48 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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): 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 · 2026-08-14
Bond Next Gen Physical Security LLC was incorporated in 2026 to improve the efficiency of Bond’s physical security operations, with a primary focus on managing and delivering physical security projects (including drone operations) in the United States.
Our revenues for the three and six months ended June 30, 2026 and 2025 were as follows:
The majority of our net revenues for the three and six months ended June 30, 2026 and 2025, were generated from our B2B services. For the three and six months ended June 30, 2026, 17.77% and 16.60%, respectively, of our revenue was generated from cloud-based SaaS services, while 82.23% and 83.40%, r…
Total revenue decreased by $154,000 or approximately 6.77% to $2,121,000 for the three months ended June 30, 2026, compared to approximately $2,275,000 for the three months ended June 30, 2025. This decrease was primarily attributable to a modest reduction in the physical services provided during th…
Total revenue decreased by $55,000 or approximately 1.21% to $4,469,000 for the six months ended June 30, 2026, compared to approximately $4,524,000 for the six months ended June 30, 2025. This decrease was primarily attributable to a modest reduction in the physical services provided during the thr…
Text removed vs the prior filing · source: 10-Q · 2026-05-15
The majority of our net revenues for the three months ended March 31, 2026 and 2025, were generated from our B2B services. For the three months ended March 31, 2026, 15.47% of our revenue was generated from cloud-based SaaS services, while 84.53% came from our physical service offerings. This compar…
Total revenue increased by $98,000 or approximately 4.36% to $2,347,000 for the three months ended March 31, 2026, compared to approximately $2,249 for the three months ended March 31, 2025. This increase reflects continued demand for our security services and modest growth in our customer base duri…
Our cost of services sold increased slightly by $124,000 or approximately 5.7% to $2,300,000 for the three months ended March 31, 2026 compared to $2,176,000 for the three months ended March 31, 2025. This modest change is not considered significant and primarily reflects the Company’s continued glo…
Our operating expenses for the three months ended March31, 2026 and 2025 were as follows:
Our operating expenses for the three months ended March 31, 2026, were approximately $6,422,000 compared to approximately $1,858,000 for the three months ended March 31, 2025, an increase of approximately $4,564,000.
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