GTCH — what changed in the latest 10-Q
A section-by-section comparison of GTCH'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 · 2026-05-15 vs the prior 10-Q · 2025-11-17
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +1 | −6 | ~6 | 8 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 10 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | +1 | −2 | ~3 | 47 |
| 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 · 2026-05-15
The accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit of 296,184,220 and has a working capital deficit of $10,585,707 as of March 31, 2026, which raises substantial doubt abou…
Text removed vs the prior filing · source: 10-Q · 2025-11-17
A comparison of the statements of operations for the nine months ended September 30, 2025 and 2024 is as follows:
Operating expenses for the nine months ended September 30, 2025 were $195,271, compared to $533,315 for the same period in 2024. The decrease of $338,044 or -63% was principally due to the Company had limited cash flows to expand the business.
Other income (expense) for the nine months ended September 30, 2025 was $(303,323), a decrease of $15,338,207 or -102% from income of $15,034,884 for the same period in 2024. The change is principally due to a decrease of derivative liabilities since all the converted note payables were amended to f…
Net income (loss) for the nine months ended September 30, 2025 was $(498,594) compared to $14,501,569 for the same period in 2024 due to the factors described above.
The accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit of 295,774,377 and has a working capital deficit of $10,422,177 as of September 30, 2025, which raises substantial doubt …
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-05-15
We intend to continue to make investments to support our business growth and we will require additional funds to respond to business challenges, including the need to develop new features and products or enhance our existing products, improve our operating infrastructure or acquire complementary bus…
Text removed vs the prior filing · source: 10-Q · 2025-11-17
We intend to continue to make investments to support our business growth and we will require additional funds to respond to business challenges, including the need to develop new features and products or enhance our existing products, improve our operating infrastructure or acquire complementary bus…
and any new equity securities we issue could have rights, preferences and privileges superior to those of holders of our common stock. Any debt financing that we secure in the future could involve restrictive covenants relating to our capital raising activities and other financial and operational ma…
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