WATT — what changed in the latest 10-Q
A section-by-section comparison of WATT'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 · 2026-08-13 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +22 | −11 | ~23 | 17 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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) | — | — | — | — |
| 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.
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 · 2026-08-13
Revenue. During the three months ended June 30, 2026 and 2025, we recorded revenue of $3.1 million and $1.0 million, respectively. The 217% period-over-period increase is primarily due to accelerated U.S. and European demand from a Fortune 10 e-commerce technology customer during the second quarter …
Cost of revenue was $3.0 million and $0.6 million, respectively, for the three months ended June 30, 2026 and 2025, respectively. The increase was primarily due to a combination of higher sales volume of PowerBridge Pro transmitters shipped during the second quarter of 2026 and the short-term impact…
Research and development (“R&D”) costs were $1.1 million for both the three months ended June 30, 2026 and 2025. The slight increase is due to higher product development and engineering material costs.
Sales and marketing costs were $0.6 million and $0.7 million for the three months ended June 30, 2026 and 2025, respectively. The decrease of approximately $0.1 million is primarily due to a $0.1 million decrease in compensation from a lower bonus accrual and decreased stock-based compensation.
General and administrative costs for the three months ended June 30, 2026 and 2025 were $1.5 million and $1.3 million, respectively. The increase of approximately $0.2 million was primarily due to an approximately $0.1 million increase in stock registration and annual meeting expenses and a $0.1 mil…
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Revenue. During the three months ended March 31, 2026 and 2025, we recorded revenue of $3.1 million and $0.3 million, respectively. The 799% period-over-period increase is primarily due to the expansion of commercial deployments with multinational enterprise retailers, including two Fortune 10 compa…
Cost of revenue was $2.0 million and $0.3 million, respectively, for the three months ended March 31, 2026 and 2025, respectively. The increase is primarily due to higher sales volume of PowerBridge Pro transmitters that were shipped during the first quarter of 2026. With the ramp up of our volume m…
Research and development (“R&D”) costs were $1.0 million and $1.2 million, respectively, for the three months ended March 31, 2026 and 2025. The decrease of $0.2 million is primarily due to a $0.1 million decrease in third party services and a $0.1 million decrease in payroll costs.
Sales and marketing costs for both the three months ended March 31, 2026 and 2025 were $0.5 million and $0.6 million, respectively. The decrease is primarily due to a $0.1 million decrease in consulting fees.
General and administrative costs for the three months ended March 31, 2026 and 2025 were $1.4 million and $0.9 million, respectively. The increase of $0.5 million was primarily due to $0.1 million increase in compensation from the achievement of 2026 Bonus Plan metrics, a $0.3 million increase in le…
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