SOPAQ — what changed in the latest 10-Q
A section-by-section comparison of SOPAQ'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 · 2025-11-14 vs the prior 10-Q · 2025-08-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +15 | −10 | ~64 | 117 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 0 |
| 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 · 2025-11-14
Revenue by geographic segment. For the nine months ended September 30, 2025 and 2024, United States revenue decreased from $2,679,269 to $1,284,480 under digital marketing MCN business which affected by customer content restriction. Vietnam revenue decreased from $557,402 to $41,703 mainly due to le…
For the nine months ended September 30, 2025, the Company’s stockholders’ equity was $13,331,496 which improved from deficit as a result of subsidiary initial public offering and subsequent public offering. For the nine months ended September 30, 2025, the Company incurred net loss of $6,574,023 and…
For the nine months ended September 30, 2024, there was a net cash outflow of $9,826 used in purchase of plant and equipment.
For the nine months ended September 30, 2024, net cash provided by financing activities was $1,786,943 mainly from private placement of $250,000, loans of $405,564 and resale of treasury share of $1,137,273, partially offset by repayment of loan of $5,894.
Online advertising services - The Company receives advertising revenues, which principally represent the sale of banners or sponsorship to customers on the website and mobile. These services are provided continuously over a fixed term as per the customer agreements. Revenue from online advertising s…
Text removed vs the prior filing · source: 10-Q · 2025-08-13
Revenue by geographic segment. For the six months ended June 30, 2025 and 2024, United States revenue decreased from $1,869,480 to $1,072,270 under digital marketing MCN business which temporary affected by customer content restriction. Thailand revenue increased from $484,215 to $792,818 and Philip…
For the six months ended June 30, 2025, the Company’s stockholders’ equity was $2,448,429 which improved from deficit as a result of an increase in additional paid-in-capital partially offset by accumulated deficit. For the six months ended June 30, 2025, the Company incurred net loss of $1,293,264 …
For the six months ended June 30, 2024, there was no cash movement.
For the six months ended June 30, 2024, net cash provided by financing activities was $325,619 from resale of share buy-back of $612,859, private funding of $200,000, partially offset by repurchase of common stock of $487,240.
During the three months period ended June 30, 2025 and 2024, the Company generated revenue of $431,699 and $177,033, respectively, from this stream.
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