WYGC — what changed in the latest 10-Q
A section-by-section comparison of WYGC'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 · 2026-05-20 vs the prior 10-Q · 2025-11-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +5 | −13 | ~2 | 16 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 3 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 3 |
| Risk factors | Text added/removed | 0 | 0 | ~2 | 3 |
| Other information | Text added/removed | 0 | 0 | ~1 | 3 |
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 · 2026-05-20
During the three months ended March 31, 2026, the Company did not generate any revenue due to the market demand decrease, as compared to $Nil revenue in the same period of 2025.
For the three months ended March 31, 2026, our operating expense amounts to $63,416, as compared to $83,988 for the three months ended March 31, 2025, a decrease of $20,572. The decrease was mainly due to the decreased in selling, general and administrative expenses.
During the three months ended March 31, 2026 and 2025, the Company incurred selling, general and administrative expenses of $45,416 and $65,988, respectively. The SG&A cost decreased mainly to less activities during current quarter.
The net loss was $63,674 and $85,960 for the three months ended on March 31, 2026 and 2025, respectively. The decrease in net loss in the current quarter was mainly due to the decreased general and administrative expenses.
As of March 31, 2026 and December 31, 2025, we had an accumulated deficit of $21,928,508 and $21,864,834, respectively. As of March 31, 2026, we had cash of $151 and a working capital deficit of $104,718. As of December 31, 2025, we had cash of $144 and a working capital deficit of $40,870. The incr…
Text removed vs the prior filing · source: 10-Q · 2025-11-14
On March 3, 2023, Hangzhou Wenyuan established a new subsidiary, Huzhou Wohong Fishery Co., Ltd. (“HWF”), to operate the aquacultural breeding, wholesale and retail of aquaculture products and etc. The aquacultural product sales was an important source of revenue for the Company in the year 2023. Ho…
Beginning in the first quarter of 2024, the Company commenced sales of cultural and health products through its subsidiary, HWAC. For the three months ended on September 30, 2024, the Company generated $11,263 in revenue from offline product sales, including transactions with related parties. These …
For the three months ended September 30, 2025, our cost of revenues for offline product sales amounted to $Nil as compared to $6,014 for the three months ended September 30, 2024, a decrease of $6,014. The decrease was primarily due to our offline product sales decreased.
For the three months ended September 30, 2025, our operating expense amounts to $74,827, as compared to $91,696 for the three months ended September 30, 2024, a decrease of $16,869. The decrease was mainly due to the decreased in professional expenses.
During the three months ended September 30, 2025 and 2024, the Company incurred selling, general and administrative expenses of $56,727 and $46,491, respectively. The SG&A cost increased mainly due to additional office expenses during current quarter.
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