CVU — what changed in the latest 10-Q
A section-by-section comparison of CVU'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 · 2026-08-13 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +33 | −24 | ~23 | 21 |
| Market risk (Item 3) | Text added/removed | +1 | 0 | ~11 | 10 |
| Controls & procedures | Text added/removed | +1 | 0 | ~11 | 10 |
| Legal proceedings | Text added/removed | 0 | 0 | ~6 | 8 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~5 | 7 |
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.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-13
Total Revenue for the six months ended June 30, 2026 was $34,941,472 compared to $30,579,716 for the same period last year, an increase of $4,361,756 or 14.3%, driven by our NGJ – Mid Band Pods and Advanced Tactical Pods program and NGJ – Low Band Pods program, partially offset by our USAF T-38 Pace…
Revenue from military subcontracts for the three months ended June 30, 2026 was $15,340,158 compared to $12,266,475 for the three months ended June 30, 2025, an increase of $3,073,683 or 25.1%, driven primarily by our RTX MPBD Missile Wing program, our NGJ – Mid Band Pods and Advanced Tactical Pods …
Revenue from military subcontracts for the six months ended June 30, 2026 was $30,019,135 compared to $23,593,083 for the six months ended June 30, 2025, an increase of $6,426,052 or 27.2%, driven primarily by our NGJ – Mid Band Pods and Advanced Tactical Pods program and NGJ – Low Band Pods program…
Revenue from prime government military contracts for the three months ended June 30, 2026 was $716,367 compared to $1,335,358 for the three months ended June 30, 2025, a decrease of $618,991 or 46.4%, driven primarily by a decrease in our USAF T-38 Pacer Classic Structural Modification Kits program …
Revenue from prime government military contracts for the six months ended June 30, 2026 was $2,480,423 compared to $4,128,970 for the six months ended June 30, 2025, a decrease of $1,648,547 or 39.9%, driven primarily by a decrease in our USAF T-38 Pacer Classic Structural Modification Kits program …
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Revenue from military subcontracts was $14,678,977 for the three months ended March 31, 2026 compared to $11,326,608 for the three months ended March 31, 2025, an increase of $3,352,369 or 29.6%. The increase was driven primarily by favorable adjustments on our NGJ – Mid Band Pods and Advanced Tacti…
Revenue from prime government military contracts was $1,764,056 for the three months ended March 31, 2025 compared to $2,793,612 for the three months ended March 31, 2025, a decrease of $1,029,556 or 36.9%. The decrease was driven primarily by a decrease in our USAF T-38 Pacer Classic Structural Mod…
Revenue from commercial subcontracts was $916,907 for the three months ended March 31, 2026 compared to $1,280,388 for the three months ended March 31, 2025, a decrease of $363,481 or 28.4%. The decrease was driven primarily by a decrease in our Embraer Phenom-300 Engine Inlet Assemblies program, pa…
Procurement for the three months ended March 31, 2026 was $7,509,709 compared to $8,294,588 for the three months ended March 31, 2025, a decrease of $784,879 or 9.5%, driven primarily by lower material receipts for Embraer Phenom-300 Engine Inlet Assemblies program and the Collins MS-110 program.
Labor costs for the three months ended March 31, 2026 were $1,316,157 compared to $1,642,586 for the three months ended March 31, 2025, a decrease of $326,429 or 19.9% primarily driven by decreased work performed on the A-10 Main Landing Gear Pods program due to termination.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-13
Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we evaluated the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of June 30, 2026. Based on tha…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-13
Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we evaluated the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of June 30, 2026. Based on tha…
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