OSS — what changed in the latest 10-Q
A section-by-section comparison of OSS'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 · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +33 | −24 | ~17 | 44 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
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)
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 · 2026-08-05
Legal settlement consists of the Company's obligations under the settlement agreement term sheet entered into with Disguise Systems Limited and Disguise Technologies Limited.
Other income (expense), net consists of miscellaneous income and expense associated with activities outside of our core business, including interest income on our investment balances.
Income (loss) from discontinued operations, net of income taxes
Income (loss) from discontinued operations, net of income taxes
Comparison of the Three and Six Month Periods Ended June 30, 2026 and 2025 from Continuing Operations:
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Other income consists of miscellaneous income and income received for activities outside of our core business. Other expense includes expenses for activities outside of our core business.
(Loss) income from discontinued operations, net of income taxes
Comparison of the Three Month Periods Ended March 31, 2026 and 2025 from Continuing Operations:
For the three months ended March 31, 2026, our total revenue increased $2,862,800, or 55%, as compared to the same period in 2025. This increase was driven by higher volume of production and development across multiple customers, including: 1) higher sales to a defense prime customer of data storage…
Gross profit increased $1,798,349, or 75.9%, for the three months ended March 31, 2026 as compared to the same period in 2025. Gross margin percentage was 51.6% for the three months ended March 31, 2026, as compared to 45.5% for the same period in 2025. The improvement in gross margin was primarily …
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