ASFH — what changed in the latest 10-Q
A section-by-section comparison of ASFH'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 · 2026-08-11 vs the prior 10-Q · 2026-05-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +23 | −10 | ~20 | 21 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 9 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 8 |
| Legal proceedings | 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.
Not shown (absent or not faithfully extractable): Risk factors
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 · 2026-08-11
The increase in revenue of $509,086, or 50.5%, was primarily attributable to the achievement of additional project milestones during the three months ended June 30, 2026, which resulted in higher revenue recognition compared with the corresponding period in 2025.
For the three months ended June 30, 2025, the Company had selling, general and administrative expenses in the amount of $523,056. These were primarily comprised of salary expenses, credit loss allowance, consultancy fee, other professional fee, advertisement fee, transportation charges and travellin…
The decrease in general and administrative expenses was primarily attributable to significant reduction in credit loss allowance expenses, advertisement expenses, consultancy fees and other professional fees.
For the three months ended June 30, 2025, the Company has incurred a net loss of $197,801.
For the six months ended June 30, 2026, the Company generated revenue in the amount of $2,791,904. The revenue was generated as a result of the Company having provided services related to information technology business to the customers.
Text removed vs the prior filing · source: 10-Q · 2026-05-13
For the three months ended March 31, 2026, the Company had selling, general and administrative expenses in the amount of $509,622. These were primarily comprised of salary expenses, credit loss allowance, consultancy fee, legal services fee, lease expenses and other professional fee.
The increase in general and administrative expenses was primarily attributable to higher salary expenses, as the Company recruited additional employees to support its business expansion, and increased legal and other professional fees.
For the three months ended March 31, 2026, the Company has incurred a net loss of $152,572.
For the three months ended March 31, 2026, the Company has used $43,183 in operating activity, of which primarily consist of net loss, decrease in account payables, increase in account receivables, increase in contract assets, decrease in accrued liabilities and other payables, increase in tax asset…
For the three months ended March 31, 2025, the Company has used $45,148 in operating activity, of which primarily consist of net loss, disposal of asset, decrease in accrued liabilities and other payables, increase in tax assets, decrease in income tax payable and reduction in lease liability contra…
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