GGBY — what changed in the latest 10-Q
A section-by-section comparison of GGBY'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 · 2024-05-20 vs the prior 10-Q · 2023-11-20
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +1 | −4 | ~3 | 8 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 7 |
| Legal proceedings | Text added/removed | +2 | −1 | ~2 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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 · 2024-05-20
During the three months ended March 31, 2024, Omega, the principal stockholder of the Company, paid expenses on behalf of the Company of $28,110. During the three months ended March 31, 2023, Omega made cash contributions of $8,250.
Text removed vs the prior filing · source: 10-Q · 2023-11-20
For the three months ended September 30, 2023, we generated no net investment income, compared to none in 2022. We incurred $69,365 in operating expenses during the 2023 period, compared to $116,716 in 2022.
Nine Months Ended September 30, 2023 as compared to Nine Months Ended September 30, 2022
For the nine months ended September 30, 2023, we generated no net investment income, compared to none in 2022. We incurred $239,600 in operating expenses during the 2023 period, compared to $417,814 in 2022.
During the nine months ended September 30, 2023, Omega, the principal stockholder of the Company, made additional capital contributions to the Company of $25,540 , compared to $73,650 in 2022. In addition, on May 10, 2023, , the Company received $1,500 from the sale of 1,500,000 shares of common sto…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2024-05-20
We are currently involved in the following legal proceedings:
Steven T. Matthiesen and Joanna K. Matthiesen, jointly and severally v. Tmothy Fussell et al. In the United States District Court, Southern District of Florida, Case No. 21CV62334. This breach of contract matter resulted in a default judgment against the Defendants in 2022 of $1,514,000 plus fees an…
Text removed vs the prior filing · source: 10-Q · 2023-11-20
Steven T. Matthiesen and Joanna K. Matthiesen, jointly and severally v. Tmothy Fussell et al. In the United States District Court, Southern District of Florida, Case No. 21CV62334. This breach of contract matter resulted in a default judgment against the Defendants in 2022 of $1,514,000 plus fees an…
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