ADMT — what changed in the latest 10-K
A section-by-section comparison of ADMT'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-K · 2026-07-10 vs the prior 10-K · 2025-07-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| Business | Text added/removed | +4 | −3 | ~4 | 15 |
| Risk factors | Text added/removed | 0 | 0 | ~10 | 64 |
| MD&A | Text added/removed | +11 | −14 | ~11 | 7 |
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): Legal proceedings, Market risk (Item 7A)
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
Business
Text added vs the prior filing · source: 10-K · 2026-07-10
The Company is a corporation organized under the laws of the State of Delaware on November 24, 1969. The Company's operations are conducted through ADM Tronics Unlimited, Inc. ("ADM"). Sonotron Medical Systems, Inc. ("SMI"), a former wholly owned subsidiary of ADM, had been inactive for several year…
Through its Antistatic Industries division, the Company develops, manufactures, and distributes conductive and antistatic products for commercial and industrial applications. Antistatic Industries' product offerings include conductive paints and coatings, hoses, garments, floor mats, rugs, tapes, ho…
The Antistatic Industries division was acquired by the Company in 2009.
None of our chemical products are protected by patents, although the names of some of such products have been protected by trademarks. We do not believe that any such trademarks are material to our business. As of March 31, 2026, the dollar amount of backlog orders for our chemical products believed…
Text removed vs the prior filing · source: 10-K · 2025-07-14
The Company is a corporation that was organized under the laws of the State of Delaware on November 24, 1969. Our operations are conducted through ADM Tronics Unlimited, Inc. ("ADM") and its subsidiary Sonotron Medical Systems, Inc. ("SMI").
Through Anti-Static Industries, the assets of which were acquired in July 2009, we now develop and manufacture a full line of anti-static products for commercial and industrial use through a division of our company that we refer to as “Antistatic Industries”. Antistatic Industries develops and distr…
None of our chemical products are protected by patents, although the names of some of such products have been protected by trademarks. We do not believe that any such trademarks are material to our business. As of March 31, 2025, the dollar amount of backlog orders for our chemical products believed…
MD&A
Text added vs the prior filing · source: 10-K · 2026-07-10
In December 2023, the FASB issued ASU 2023‑09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.” This guidance enhances the transparency of income tax disclosures by requiring disaggregated information about a reporting entity’s effective tax rate reconciliation and the jurisdictio…
The Company is currently evaluating the impact of other recently issued accounting pronouncements that are not yet effective but does not expect them to have a material impact on its financial statements upon adoption.
The following table presents net revenues disaggregated by geography for the years ended March 31, 2026 and 2025:
Loss from operations for the year ended March 31, 2026 was $98,874. Loss from operations for the year ended March 31, 2025 was $121,556. This was a result of an increase in sales of $149,972 offset by decrease in gross profit due to increased material costs coupled with a increase of operating expen…
At March 31, 2026, we had cash and cash equivalents of $255,730 as compared to $382,969 at March 31, 2025. The decrease of $127,239 was primarily the result of cash used in operations in the amount of $124,059 and financing activities of $3,180. We expect to have enough cash to fund operations for t…
Text removed vs the prior filing · source: 10-K · 2025-07-14
In December 2023, the FASB issued ASU 2023‑08, “Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350‑60): Accounting for and Disclosure of Crypto Assets.” This guidance requires entities to measure certain crypto assets at fair value with changes in fair value recognized in net income and to p…
In December 2023, the FASB issued ASU 2023‑09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.” This guidance enhances the transparency of income tax disclosures by requiring disaggregated information about a reporting entity’s effective tax rate reconciliation and the jurisdictio…
In March 2024, the FASB issued ASU 2024‑01, “Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards.” This standard clarifies how an entity determines whether a profits interest or similar award is subject to the guidance in Topic 718. The Company adopt…
In August 2023, the FASB issued ASU 2023‑05, “Business Combinations—Joint Venture Formations (Subtopic 805‑60): Recognition and Initial Measurement.” This standard requires that a joint venture, upon formation, recognize and initially measure its net assets at fair value. The guidance is effective f…
In March 2025, the FASB issued ASU 2025‑02, “Amendments to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 122 (SAB 122).” This update removes references to previously issued SEC staff guidance regarding the safeguarding of crypto assets. The Company adopted this amendment in the period end…
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