GEDC — what changed in the latest 10-Q
A section-by-section comparison of GEDC'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 · 2026-08-14 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +31 | −17 | ~12 | 12 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 4 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
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): Risk factors, 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 · 2026-08-14
We are currently negotiating with a number of landowners to purchase properties in Southeast Idaho on the Northwest Natural Gas pipeline that we deem sufficient for a large-scale onsite powered data center campus. As of the date of this Report, we have commenced the initial phase of our data center …
Concurrently, we also are finalizing timelines and budgets for all necessary county and state environmental assessments. These studies cover the data center campus, the onsite power plant, electrical distribution systems, and critical utility infrastructure (water, sewer, fiber, and gas). We expect …
However, there can be no assurance that we will be able to successfully negotiate or enter into a definitive purchase agreement for targeted properties or to gain all required approvals for land use or conditional zoning amendments.
Professional fees increased to $210,000 for the three months ended June 30, 2026 from $81,000 for the three months ended June 30, 2025, an increase of approximately $129,000, or 159.3%. The increase was primarily attributable to (i) an increase in legal fees of approximately $94,000, (ii) an increas…
Equity-based compensation increased to $315,000 for the three months ended June 30, 2026 from a credit of $(145,000) for the three months ended June 30, 2025, an increase of approximately $460,000. The equity-based compensation expense for the three months ended June 30, 2026 included approximately …
Text removed vs the prior filing · source: 10-Q · 2026-05-14
We have also reached a preliminary agreement for a joint venture with a landowner for the development of our initial master-planned data center campus. However, there can be no assurance that we will be able to successfully negotiate or enter into a definitive joint venture agreement for such propos…
As of the date of this Report, we have commenced the initial phase of our planned onsite-powered data center campus development, which is focused on completing land-use applications, zone change requests, and supplemental site reports required by the local county planning and development department.…
Concurrently, we are finalizing timelines and budgets for all necessary county and state environmental assessments. These studies cover the data center campus, the onsite power plant, electrical distribution systems, and critical utility infrastructure (water, sewer, fiber, and gas). We expect to fi…
Professional fees increased to $106,000 for the three months ended March 31, 2026 from $96,000 for the three months ended March 31, 2025, an increase of approximately $10,000, or 10.4%. The increase was primarily attributable to (i) an increase in consulting fees of $13,000 and (ii) an increase in r…
Equity-based compensation increased to $322,000 for the three months ended March 31, 2026 from $42,000 for the three months ended March 31, 2025, an increase of approximately $280,000, or 666.7%. The equity-based compensation expense for the three months ended March 31, 2026 of $322,000 included $26…
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