BRWC — what changed in the latest 10-Q
A section-by-section comparison of BRWC'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 · 2026-06-08 vs the prior 10-Q · 2026-03-09
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −7 | ~13 | 14 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 7 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
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, Other information
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 · 2026-06-08
For the three months ended April 30, 2026, the Company has incurred a net loss of $4,814.
For the nine months ended April 30, 2026, the Company generated revenue in the amount of $15,000. The revenue was generated as a result of the Company having provided three Personal Financial Literacy Seminars (PFL Seminar) to participants.
For the nine months ended April 30, 2026, the Company had general and administrative expenses in the amount of $36,338. These were primarily comprised of audit fees, consultancy fees, and other professional fees.
The increase of the operating expenses was the result of the increase in consultancy and bookkeeping fees.
For the nine months ended April 30, 2026, the Company has incurred a net loss of $21,338.
Text removed vs the prior filing · source: 10-Q · 2026-03-09
The increase of the operating expenses was the result of the increase in consultancy fees.
For the three months ended January 31, 2025, the Company has incurred a net income of $904.
For the six months ended January 31, 2025, the Company generated revenue in the amount of $20,000. The revenue was generated as a result of the Company having provided four Personal Financial Literacy Seminars (PFL Seminar) to participants.
For the six months ended January 31, 2025, the Company had general and administrative expenses in the amount of $19,179. These were primarily comprised of audit fees, consultancy fees, and other professional fees.
The increase of the operating expenses was the result of the increase in consultancy fees.
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