CYPA — what changed in the latest 10-Q
A section-by-section comparison of CYPA'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 · 2022-11-14 vs the prior 10-Q · 2022-11-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −4 | ~7 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 9 |
| Risk factors | Some risk factors updated | 0 | 0 | ~1 | 2 |
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): Market risk (Item 3), 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 · 2022-11-14
Comparison of the results of operations for the six months ended June 30, 2022, compared to the six months ended June 30, 2021
The Company had gross revenue during the six months ended June 30, 2022, of $11,900 compared with $16,000 for the comparable period of 2021, the revenue decrease of which is related to a decrease in administrative service revenue.
Cost of goods for the six months ended June 30, 2022, amounted to $13.930 compared to $0 in the comparable period of the prior year. These costs related to growing supplies for cannabis product.
In the six months ended June 30, 2022, we incurred selling, general and administrative costs of $195,691 compared to $78,085 in the comparable period of the prior year. This increase relates primarily to an increase in salaries, legal expenses, office supplies and insurance costs.
The Company had other expenses during the six months ended June 30, 2022, of $4,329 which predominately was interest expense compared to other income of $4,807 for the comparable period of 2021.
Text removed vs the prior filing · source: 10-Q · 2022-11-07
On March 31, 2022, we had a working capital deficit of $91,263, which included cash of $1,409. We reported a net loss of $99,959 and our net cash used in operating expenses totaled $83,233
● Net cash flow used in operating activities for the three months ended March 31, 2022 reflected a net loss of $95,370 (adjusted for non-controlling interest) adjusted for the add-back of non-cash items consisting depreciation and amortization of $14,517, change operating assets and liabilities cons…
● There was not any net cash flow used in investing activities for the three months ended March 31, 2022. Net cash flow used in investing activities for the three months ended March 31, 2021, consisted of $72,861 used in the purchase of property and equipment.
● Net cash provided by financing activities was $79,900 for the three months ended March 31, 2022, as compared to net cash provided by financing activities of $67,861, for the three months ended March 31, 2021. During the three months ended March 31, 2022, we received proceeds of $84,500 related to …
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