YBGJ — what changed in the latest 10-Q
A section-by-section comparison of YBGJ'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 · 2026-08-14 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +16 | −12 | ~5 | 46 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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 · 2026-08-14
Results of Operations for the Three Months Ended June 30, 2026 Compared to the Three Months Ended June 30, 2025, and for the Six Months Ended June 30, 2026 Compared to the Six Months Ended June 30, 2025
Our sales were $0 for both the three months ended June 30, 2026 and 2025. As a result, our cost of goods sold and gross profit were also $0 for both periods.
Our sales were $0 for both the six months ended June 30, 2026 and 2025. As a result, our cost of goods sold and gross profit were also $0 for both periods. Based on our current status, due to changes in the market environment, the Company has continued to conduct market research and evaluation, incl…
Our operating expenses decreased by $10,839, or 4.3%, to $238,860 for the three months ended June 30, 2026 from $249,699 for the three months ended June 30, 2025. The decrease primarily reflected lower depreciation and amortization of property and equipment and lower occupancy expense, partially off…
Our operating expenses decreased by $63,959, or 10.8%, to $528,135 for the six months ended June 30, 2026 from $592,094 for the six months ended June 30, 2025. The decrease primarily reflected lower depreciation and amortization of property and equipment, occupancy expense and employee compensation,…
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Yubo Beijing has historically generated most of its revenue from a limited number of customers. No sales were made during the three months ended March 31, 2026.
Results of Operations for the Three Months Ended March 31, 2026 Compared to the Three Months Ended March 31, 2025
Our sales were nil for each of the three months ended March 31, 2026 and March 31, 2025. As a result, our cost of goods sold and gross profit were nil for each of the three months ended March 31, 2026 and March 31, 2025. Based on our current status, due to changes in the market environment, the Comp…
Operating expenses for the three months ended March 31, 2026 were $289,274, as compared to $467,299 for the three months ended March 31, 2025, a decrease of $178,025 or 38%. The decrease in operating expenses was primarily driven by lower occupancy costs following the early termination of certain le…
Our loss from operations for the three months ended March 31, 2026 was $289,274, as compared to a loss from operations of $467,299 for the same period in 2025, a decrease of $178,025 or 38%. The decrease in loss from operations was primarily attributable to the decrease in operating expenses.
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