TNBI — what changed in the latest 10-Q
A section-by-section comparison of TNBI'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 · 2013-11-14 vs the prior 10-Q · 2013-08-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −6 | ~35 | 27 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 5 |
| 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 · 2013-11-14
For technical service provided to third parties, revenue is recognized when the service is rendered.
Although sales had rebounded slightly in the third quarter of 2013 after the devastation caused by Bird Flu H7N9 to the China poultry industry in the second quarter of 2013, Organic Trace Mineral Additive revenue still decreased by $4,135,251, or 46.6%, as compared to the third quarter of 2012, the …
Revenue from Functional Regulation Additives for the quarter ended September 30, 2013 decreased by $120,655, or 16.4%, as compared to the third quarter of 2012, due to overall decline of business in the livestock farming industry. Compared to the second quarter of 2013, sales of Functional Regulatio…
Interest income for the three months ended September 30, 2013 increased by $123,464 as compared to the same period of September 30, 2012 due to receipt of the six months interest from loans receivable to a customer and a supplier in the third quarter of 2013.
Interest expense for the three months ended September 30, 2013 decreased by $362,997 due to government subsidy for loan interest received in the third quarter.
Text removed vs the prior filing · source: 10-Q · 2013-08-14
Revenue from Organic Trace Mineral Additives in the second quarter of 2013 decreased by $2,206,741, or 33.9%, as compared to 2012. The decrease was primarily due to the devastation caused by H7N9 (Bird Flu) to the China poultry industry in the second quarter. Demand for poultry feed and feed additiv…
Revenue from Functional Regulation Additives for the quarter ended June 30, 2013 decreased by $345,750, or 40.9%, as compared to the second quarter of 2012. The decrease in sales was primarily due to the shift of emphasis away from this segment by management during the last twelve months, as more at…
Interest income for the three months ended June 30, 2013 decreased by $129,439 as compared to the same period of June 30, 2012. Interest payments from loans to a customer and a supplier were not collected due to miscommunication between Tanke’s accounting department and the debtors. As of June 30, 2…
Interest expense for the three months ended June 30, 2013 decreased by $329,406 as compared to the same period of 2012. The primary reason for this decrease was due to no interest accrued for note payable and no amortization of capitalized offering costs recorded in second quarter of 2013. These off…
Interest income for the six months ended June 30, 2013 decreased by $143,307 as compared to the six months ended June 30, 2012. Interest payments from loans to a customer and a supplier were not collected due to miscommunication between Tanke’s accounting department and the debtors. As of June 30, 2…
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