ONT — what changed in the latest 10-Q
A section-by-section comparison of ONT'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 · 2026-11-05 vs the prior 10-Q · 2026-08-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +12 | −11 | ~33 | 33 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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 · 2026-11-05
Although we did not consummate any business acquisitions as defined in the relevant accounting guidance in the three and nine months ended September 30, 2026, or the year ended December 31, 2025, we entered into an asset purchase agreement to acquire certain assets, including customer contracts, on …
During the three months ended September 30, 2026, no contingent consideration payments were made. During the three months ended September 30, 2025, we made a contingent consideration cash payment of $1.2 million for Vandrensning.
Revenue for the three months ended September 30, 2026 decreased $21.8 million or 9.7% as compared to the three months ended September 30, 2025. The decrease was driven by a significant environmental response event in the prior year that generated $45.4 million of revenues, which did not recur in the…
Revenue for the nine months ended September 30, 2026 decreased $79.0 million or 12.4% as compared to the nine months ended September 30, 2025. The decrease was primarily driven by a significant environmental response event in the prior year that generated $99.0 million of revenues, which did not rec…
Consulting and Treatment segment revenues for the nine months ended September 30, 2026 decreased compared to the nine months ended September 30, 2025 primarily as a result of a significant environmental emergency response event in the prior year that generated $99.0 million of revenue (of which $53.…
Text removed vs the prior filing · source: 10-Q · 2026-08-06
Although we did not consummate any acquisitions in the three and six months ended June 30, 2026, or the year ended 2025, we have been, and expect to continue to be, an acquisitive company. Acquisitions expanded our environmental service capabilities across our segments, our access to technology, as …
During the three months ended June 30, 2026, we made a contingent consideration cash payment of $2.8 million for Epic Environmental Pty Ltd (Epic). During the three months ended June 30, 2025, we made contingent consideration payments of $4.0 million in cash related to earn-out payments for Epic.
Revenue for the three months ended June 30, 2026 decreased $47.9 million or 20.4% as compared to the three months ended June 30, 2025. The decrease was driven by lower Consulting and Treatment revenues of $46.2 million and lower Measurement and Analysis revenues of $1.7 million.
Revenue for the six months ended June 30, 2026 decreased $57.2 million or 13.9% as compared to the six months ended June 30, 2025. The decrease was driven by lower Consulting and Treatment revenues of $50.4 million and lower Measurement and Analysis revenues of $6.8 million.
Consulting and Treatment segment revenues for the six months ended June 30, 2026 decreased compared to the six months ended June 30, 2025 primarily as a result of lower environmental emergency response revenues of $43.5 million, lower recovery services revenue tied to environmental events of $6.1 mi…
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