TGLO — what changed in the latest 10-Q
A section-by-section comparison of TGLO'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 · 2026-05-22 vs the prior 10-Q · 2025-11-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +3 | −7 | ~12 | 19 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| 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): Legal proceedings
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 · 2026-05-22
As of March 31, 2026, we had $27,765 in cash as compared to $3,632 as of December 31, 2025. Net cash flows used in operating activities totaled approximately $12,000 for the three months ended March 31, 2026 compared to net cash flows used in operating activities of approximately $45,000 for the thr…
Net cash flows provided by financing activities totaled $36,000 for the three months ended March 31, 2026 and $42,000 for the three months ended March 31, 2025.
At this time, management does not have any critical accounting policies or estimates to disclose.
Text removed vs the prior filing · source: 10-Q · 2025-11-05
NINE MONTHS ENDED SEPTEMBER 30, 2025 COMPARED TO THE NINE MONTHS ENDED SEPTEMBER 30, 2024
NET REVENUE. Commensurate with the sale of our Tralliance business on September 29, 2008, we became a shell company, and we have not had any material operations since then. As a result, net revenue for both the nine months ended September 30, 2025 and 2024 was $0.
GENERAL AND ADMINISTRATIVE. General and administrative expenses include only customary public company expenses, including accounting, legal, audit, insurance and other related public company costs. General and administrative expenses totaled approximately $103,000 for the first nine months of 2025 a…
RELATED PARTY INTEREST EXPENSE. Related party interest expense for the nine months ended September 30, 2025 totaled approximately $69,000 compared to $63,000 for the nine months ended September 30, 2024. This increase consisted of interest due and payable to Delfin as the loan amount has increased.
NET LOSS. Net loss for the nine months ended September 30, 2025 was approximately $172,000 as compared to a net loss of approximately $166,000 for the nine months ended September 30, 2024. The net loss increased due to increases in related party interest expense.
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