BLNH — what changed in the latest 10-K
A section-by-section comparison of BLNH'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 · 2026-09-28 vs the prior 10-K · 2025-09-25
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| Business | Text added/removed | 0 | −1 | ~12 | 14 |
| Risk factors | Text added/removed | +4 | −2 | ~2 | 28 |
| Legal proceedings | Text added/removed | 0 | 0 | ~8 | 3 |
| MD&A | Text added/removed | +2 | −2 | ~4 | 8 |
| Market risk (Item 7A) | Text added/removed | 0 | 0 | ~7 | 1 |
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.
Business
Text removed vs the prior filing · source: 10-K · 2025-09-25
Asia Pacific is estimated to be the fastest-growing regional market from 2023 to 2028. Increasing consumer preference for the product, coupled with the expansion of quick-service and full-service restaurants, is likely to create a positive outlook for the market in the region. The rising consumer aw…
Risk factors
Text added vs the prior filing · source: 10-K · 2026-09-28
We have limited internal controls and possible material weaknesses.
With a sole officer, we have limited segregation of duties and rely on outside professionals; these limitations could result in errors in our financial reporting.
We have not yet established or adopted policies and processes for assessing, identifying, and managing material risk from cybersecurity threats. During the year ended June 30, 2026, we have not identified an indication of a cybersecurity incident that would have a material impact on our business and…
In July, 2024 we signed an agreement with Monarch Media which gave us the license to distribute CocoLove water in France.
Text removed vs the prior filing · source: 10-K · 2025-09-25
We have not yet established or adopted policies and processes for assessing, identifying, and managing material risk from cybersecurity threats. During the year ended June 30, 2025, we have not identified an indication of a cybersecurity incident that would have a material impact on our business and…
In July, 2024 we signed an agreement with Monarch Media which gave us the exclusive license to distribute CocoLove water in France.
MD&A
Text added vs the prior filing · source: 10-K · 2026-09-28
Our financial statements have been prepared assuming we will continue as a going concern. We have incurred cumulative operating losses since inception, and at June 30, 2026 we had cash of $2,180, a working capital deficit of $83,562, and a total stockholders’ deficit of $83,562. These conditions rai…
Operating expenses. Total operating expenses were $71,256 for the year ended June 30, 2026, compared to $106,125 for the year ended June 30, 2025, a decrease of $34,869. Professional fees decreased to $32,325 (from $76,997); transfer agent and filing fees increased to $38,546 (from $6,100); general …
Text removed vs the prior filing · source: 10-K · 2025-09-25
Since we were incorporated on May 16, 2024, we have had limited historical operating results and no meaningful comparative financial results.
For the year ended June 30, 2025, we experienced a net loss of $106,125. The loss was attributable to $76,997 in professional fees primarily related to our Form S-1 registration statement and $20,000 related to the licensing agreement for the CocoLove water.
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