DXYN — what changed in the latest 10-Q
A section-by-section comparison of DXYN'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 · 2026-08-06 vs the prior 10-Q · 2026-05-11
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +25 | −11 | ~13 | 8 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| Controls & procedures | Text added/removed | +2 | −1 | ~1 | 6 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 1 |
| Risk factors | Some risk factors updated | +6 | −5 | ~5 | 44 |
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): 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 · 2026-08-06
amounts paid, we concluded that the recovery of previously incurred IEEPA tariffs is probable. Under a loss recovery accounting method, we recognized a receivable of $3.3 million for the IEEPA tariffs incurred in Receivables - tariff refund within the condensed consolidated balance sheet and a corre…
For the second quarter of 2026, our net sales from continuing operations were slightly above levels of the second quarter of 2025.
Gross profit as a percentage of net sales was 29.5% in the second quarter of 2026 compared with 29.2% in the second quarter of 2025. The gross profit percentage in 2026 reflects both cost reductions and improved operating efficiencies in our operations.
We reported operating income of $3.1 million in the second quarter of 2026 compared with operating income of $3.2 million in the second quarter of 2025. The decrease in operating income was due to costs associated with the consolidation of our yarn processing facilities during the second quarter of …
Six Months Ended June 27, 2026 Compared with the Six Months Ended June 28, 2025
Text removed vs the prior filing · source: 10-Q · 2026-05-11
million related to IEEPA tariffs paid during the period from February 1, 2025 to February 20, 2026. Based on the U.S. Supreme Court's ruling, related CIT proceedings, and our submission of tariff refund requests and assessment of the recoverability of amounts paid, we have concluded as of March 28, …
Notwithstanding our conclusion that recovery is probable, the timing and amount of cash receipt remain uncertain and depend on the completion of applicable CBP refund claim procedures, including validation and processing of claims, as well as any further legal, procedural or governmental development…
For the first quarter of 2026, our net sales from continuing operations decreased 5.7% compared with the first quarter of 2025. The lower net sales were attributed to continued lower demand driven by continued high interest rates and inflation.
Gross profit as a percentage of net sales was 32.5% in the first quarter of 2026 compared with 26.8% in the first quarter of 2025. The higher gross profit percentage in 2026 includes the impact of $3.3 million in IEEPA tariff refunds recorded during the first quarter of 2026.
We reported operating income of $3.3 million in the first quarter of 2026 compared with operating income of $11 thousand in the first quarter of 2025. The increase in operating income was due to $3.3 million in IEEPA tariff refunds recorded during the first quarter of 2026.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-06
•Inadequate presentation and disclosure requirements of debt - Our revolving credit facility required a reclassification to a current liability as the refinanced credit facility subsequent to year-end included a subjective acceleration clause and
lockbox arrangement which required the financial statement presentation as current. We originally calculated a covenant in a method that differed from the contractual terms, which is included in our going concern assessment. In preparing the fair value of debt disclosure, we did not formally re-eval…
Text removed vs the prior filing · source: 10-Q · 2026-05-11
•Inadequate presentation and disclosure requirements of debt - Our revolving credit facility required a reclassification to a current liability as the refinanced credit facility subsequent to year-end included a subjective acceleration clause and lockbox arrangement which required the financial stat…
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-06
received partial payments of $261 thousand plus an immaterial amount of interest of previously paid tariffs. Subsequent to June 27, 2026, we received additional partial refunds totaling $3.0 million plus an immaterial amount of interest which leaves only $21 thousand remaining of the original receiv…
The market price of our common stock has historically experienced and may continue to experience significant volatility. Our progress in restructuring our business, our quarterly operating results, our perceived prospects, lack of securities analysts’
recommendations or earnings estimates, changes in general conditions in the economy or the financial markets, adverse events related to our strategic relationships, significant sales of our common stock by existing stockholders, and other developments affecting us or our competitors could cause the …
acquisition to achieve levels of anticipated sales growth, profitability or productivity, or otherwise perform as expected, may have a material adverse effect on our business, financial condition and results of operations.
Since 2016, the Company has been named as a defendant in multiple lawsuits filed by various individual plaintiffs against chemical manufacturers, distributors, and several other carpet manufacturers and finishers in connection with the past use of surfactants containing or alleged to contain chemica…
Text removed vs the prior filing · source: 10-Q · 2026-05-11
Notwithstanding our conclusion that recovery is probable, the timing and amount of cash receipt remain uncertain and depend on the completion of applicable CBP refund claim procedures, including validation and processing of claims, as well as any further legal, procedural or governmental development…
The market price of our common stock has historically experienced and may continue to experience significant volatility. Our progress in restructuring our business, our quarterly operating results, our perceived prospects, lack of securities analysts’ recommendations or earnings estimates, changes i…
our customers. We have developed and are developing products and product offerings using fiber systems from multiple external fiber suppliers as well as from vertically integrated production of our yarn supply through dedicated internal extrusion operations. There can be no certainty as to the succe…
commercially acceptable premium levels. Additionally, adverse publicity arising from claims made against us, even if the claims are not successful, could adversely affect our reputation or the reputation and sales of our products.
Since 2016, the Company has been named as a defendant in multiple lawsuits filed by various individual plaintiffs against chemical manufacturers, distributors, and several other carpet manufacturers and finishers in connection with the past use of surfactants containing or alleged to contain chemica…
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