ZPTAW — what changed in the latest 10-Q
A section-by-section comparison of ZPTAW'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 | +103 | −65 | ~20 | 42 |
| Market risk (Item 3) | Text added/removed | +103 | −65 | ~19 | 42 |
| Controls & procedures | Text added/removed | +103 | −65 | ~19 | 42 |
| Legal proceedings | Text added/removed | +103 | −65 | ~19 | 42 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +103 | −65 | ~18 | 42 |
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
Convertible preferred stock (Series D), $0.0001 par value; 15,000 shares authorized; 15,000 and 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively – –
Total liabilities and stockholders’ equity (deficit) $13,344 $2,272
Loss on extinguishment of senior secured note – (134) – (134)
Gain on extinguishment of forward purchase agreement settlement liability – 2,357 – 2,357
Series D preferred stock capitalized dividend (227) – (227) –
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Net loss per share attributable to common stockholders, basic and diluted $(0.01) $(0.02)
Weighted-average common shares outstanding, basic and diluted 172,318,506 42,482,376
Prepaid expenses and other current and non-current assets 51 94
Accrued expenses and other current liabilities and other non-current liabilities (217) —
The Company’s other significant accounting policies are detailed in “Note 2. Summary of Significant Accounting Policies” of the Company’s Annual Report. The Company uses the same accounting policies in preparing its quarterly and annual consolidated financial statements. There have been no material …
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-14
Convertible preferred stock (Series D), $0.0001 par value; 15,000 shares authorized; 15,000 and 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively – –
Total liabilities and stockholders’ equity (deficit) $13,344 $2,272
Loss on extinguishment of senior secured note – (134) – (134)
Gain on extinguishment of forward purchase agreement settlement liability – 2,357 – 2,357
Series D preferred stock capitalized dividend (227) – (227) –
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Net loss per share attributable to common stockholders, basic and diluted $(0.01) $(0.02)
Weighted-average common shares outstanding, basic and diluted 172,318,506 42,482,376
Prepaid expenses and other current and non-current assets 51 94
Accrued expenses and other current liabilities and other non-current liabilities (217) —
The Company’s other significant accounting policies are detailed in “Note 2. Summary of Significant Accounting Policies” of the Company’s Annual Report. The Company uses the same accounting policies in preparing its quarterly and annual consolidated financial statements. There have been no material …
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-14
Convertible preferred stock (Series D), $0.0001 par value; 15,000 shares authorized; 15,000 and 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively – –
Total liabilities and stockholders’ equity (deficit) $13,344 $2,272
Loss on extinguishment of senior secured note – (134) – (134)
Gain on extinguishment of forward purchase agreement settlement liability – 2,357 – 2,357
Series D preferred stock capitalized dividend (227) – (227) –
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Net loss per share attributable to common stockholders, basic and diluted $(0.01) $(0.02)
Weighted-average common shares outstanding, basic and diluted 172,318,506 42,482,376
Prepaid expenses and other current and non-current assets 51 94
Accrued expenses and other current liabilities and other non-current liabilities (217) —
The Company’s other significant accounting policies are detailed in “Note 2. Summary of Significant Accounting Policies” of the Company’s Annual Report. The Company uses the same accounting policies in preparing its quarterly and annual consolidated financial statements. There have been no material …
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-14
Convertible preferred stock (Series D), $0.0001 par value; 15,000 shares authorized; 15,000 and 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively – –
Total liabilities and stockholders’ equity (deficit) $13,344 $2,272
Loss on extinguishment of senior secured note – (134) – (134)
Gain on extinguishment of forward purchase agreement settlement liability – 2,357 – 2,357
Series D preferred stock capitalized dividend (227) – (227) –
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Net loss per share attributable to common stockholders, basic and diluted $(0.01) $(0.02)
Weighted-average common shares outstanding, basic and diluted 172,318,506 42,482,376
Prepaid expenses and other current and non-current assets 51 94
Accrued expenses and other current liabilities and other non-current liabilities (217) —
The Company’s other significant accounting policies are detailed in “Note 2. Summary of Significant Accounting Policies” of the Company’s Annual Report. The Company uses the same accounting policies in preparing its quarterly and annual consolidated financial statements. There have been no material …
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-14
Convertible preferred stock (Series D), $0.0001 par value; 15,000 shares authorized; 15,000 and 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively – –
Total liabilities and stockholders’ equity (deficit) $13,344 $2,272
Loss on extinguishment of senior secured note – (134) – (134)
Gain on extinguishment of forward purchase agreement settlement liability – 2,357 – 2,357
Series D preferred stock capitalized dividend (227) – (227) –
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Net loss per share attributable to common stockholders, basic and diluted $(0.01) $(0.02)
Weighted-average common shares outstanding, basic and diluted 172,318,506 42,482,376
Prepaid expenses and other current and non-current assets 51 94
Accrued expenses and other current liabilities and other non-current liabilities (217) —
The Company’s other significant accounting policies are detailed in “Note 2. Summary of Significant Accounting Policies” of the Company’s Annual Report. The Company uses the same accounting policies in preparing its quarterly and annual consolidated financial statements. There have been no material …
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