CLPR — what changed in the latest 10-Q
A section-by-section comparison of CLPR'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 · 2026-05-14 vs the prior 10-Q · 2025-11-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +8 | −16 | ~20 | 32 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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, 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 · 2026-05-14
Additionally, our lease with the City of New York at 141 Livingston expired in December 2025, although the City of New York continues to occupy its office space and pays its rent in accordance with the terms of the expired lease. The Company and the City of New York are negotiating the terms of a fi…
Revenue. Residential rental income increased to $30,201 for the three months ended March 31, 2026, from $28,120 for the three months ended March 31, 2025, primarily due to increases in rental rates and leased occupancy at all properties in 2026 and slightly lower bad debt expense. For example, The a…
Commercial rental income decreased to $6,206 for the three months ended March 31, 2026, from $10,205 for the three months ended March 31, 2025 due to the City of New York exiting 250 Livingston on August 23, 2025.
Litigation Settlement and other. Litigation settlement and other increased to $3,600 for the three months ended March 31, 2026, from $0 for the three months ended March 31, 2025, due to the accrual of a loss reserve on the Sanchez litigation case.
Interest expense, net. Interest expense, net, increased to $12,783 for the three months ended March 31, 2026, from $10,964 for the three months ended March 31, 2025 primarily as a result of the Company accruing default interest on the 250 Livingston loan.
Text removed vs the prior filing · source: 10-Q · 2025-11-14
Additionally, the lease at 141 Livingston Street expires in December 2025. The current lease at 141 Livingston Street provides for $10,304 rent per annum plus property tax and common area maintenance reimbursements. In April of 2025, the Company and the City of New York agreed to the terms of a five…
Revenue. Residential rental income increased to $29,242 for the three months ended September 30, 2025, from $26,827 for the three months ended September 30, 2024, primarily due to increases in rental rates and leased occupancy at all properties in 2025 and slightly lower bad debt expense. For exampl…
Commercial rental income decreased to $7,925 for the three months ended September 30, 2025, from $9,773 for the three months ended September 30, 2024 due to the City of New York exiting 250 Livingston on August 23, 2025.
Interest expense, net. Interest expense, net, increased to $11,249 for the three months ended September 30, 2025, from $11,196 for the three months ended September 30, 2024.
Net loss. As a result of the foregoing, net loss increased to $1,565 for the three months ended September 30, 2025, from $693 for the three months ended September 30, 2024.
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