DIBS — what changed in the latest 10-Q
A section-by-section comparison of DIBS'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 · 2026-08-05 vs the prior 10-Q · 2026-05-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +32 | −23 | ~8 | 37 |
| Market risk (Item 3) | Text added/removed | +2 | −1 | ~4 | 2 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
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 · 2026-08-05
(in thousands)Three Months Ended June 30,Six Months Ended June 30,
Net revenue was $23.3 million for the three months ended June 30, 2026, as compared to $22.1 million for the three months ended June 30, 2025. The increase of $1.2 million, or 5%, was due to an increase in GMV, mainly due to an increase in average order value partially offset by a decrease in orders…
Our marketplace transaction fees represent the majority of our net revenue and accounted for 74% of our net revenue for both of the three months ended June 30, 2026 and 2025. Subscription fees accounted for 20% and 22% of our net revenue for the three months ended June 30, 2026 and 2025, respectivel…
Cost of revenue was $6.1 million for the three months ended June 30, 2026, as compared to $6.2 million for the three months ended June 30, 2025. The decrease of $0.2 million, or 2%, was mainly due to decreases in professional fees, depreciation, and net shipping expenses.
Gross profit was $17.2 million and gross margin was 73.9% for the three months ended June 30, 2026, as compared to gross profit of $15.9 million and gross margin of 71.8% for the three months ended June 30, 2025. The increase in gross profit and gross margin for the three months ended June 30, 2026 …
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Comparison of the Three Months Ended March 31, 2026 and 2025
Net revenue was $22.4 million for the three months ended March 31, 2026, as compared to $22.5 million for the three months ended March 31, 2025. The decrease of $0.2 million, or 1%, was mainly due to a decrease in GMV which was mainly due to a decrease in orders for the three months ended March 31, …
Our marketplace transaction fees represent the majority of our net revenue and accounted for 74% and 75% of our net revenue for the three months ended March 31, 2026 and 2025, respectively. Subscription fees accounted for 21% of our net revenue for each of the three months ended March 31, 2026 and 2…
Cost of revenue was $5.7 million for the three months ended March 31, 2026, as compared to $6.2 million for the three months ended March 31, 2025. The decrease of $0.5 million, or 8%, was mainly due to a $0.2 million decrease in payment processing fees due to the decrease in GMV and a $0.2 million d…
Gross profit was $16.7 million and gross margin was 74.4% for the three months ended March 31, 2026, as compared to gross profit of $16.3 million and gross margin of 72.4% for the three months ended March 31, 2025. The increase in gross profit and gross margin for the three months ended March 31, 20…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-05
maintain provisions for potential credit losses and such losses to date have been within our expectations. We evaluate the solvency of our customers on an ongoing basis to determine if additional allowances for doubtful accounts need to be recorded.
Our results of operations and financial condition are presented based on historical cost. While it is difficult to accurately measure the impact of inflation due to the imprecise nature of the estimates required, we believe certain metrics have continued to be impacted negatively, both directly and …
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Our results of operations and financial condition are presented based on historical cost. While it is difficult to accurately measure the impact of inflation due to the imprecise nature of the estimates required, we believe certain metrics have continued to be impacted negatively, both directly and …
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