INBP — what changed in the latest 10-Q
A section-by-section comparison of INBP'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 · 2026-05-08 vs the prior 10-Q · 2026-02-11
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −7 | ~27 | 13 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 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): Market risk (Item 3), 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 · 2026-05-08
Selling and Administrative Expenses. Our selling and administrative expenses were lower by $54, $2,608 and $2,662 in the nine months ended March 31, 2026 and 2025, respectively. As a percentage of sales, net, selling and administrative expenses were approximately 7.7% and 6.6% in the nine months end…
Other income, net. Other income, net was approximately $123 and $36 for the nine months ended March 31, 2026 and 2025, respectively and was composed of:
Income tax expense (benefit), net. For the nine months ended March 31, 2026 and 2025, we had federal income tax (benefit) expense of $(108) and $651, respectively and state income tax benefits, net of approximately $129 and $170 in the nine months ended March 31, 2026 and 2025, respectively. In the …
Selling and Administrative Expenses. Selling and administrative expenses were substantially the same in the three months ended March 31, 2026 and 2025, approximately $809 and $812, respectively. As a percentage of sales, net, selling and administrative expenses were approximately 8.0% and 7.7% in th…
Other income, net. Other income, net for the three months ended March 31, 2026 and 2025, was approximately $50 and $39, respectively, and is composed of:
Text removed vs the prior filing · source: 10-Q · 2026-02-11
Selling and Administrative Expenses. Our selling and administrative expenses were lower by $51, $1,799 and $1,850 in the six months ended December 31, 2025 and 2024, respectively. As a percentage of sales, net, selling and administrative expenses were approximately 7.5% and 7.1% in the six months en…
Other income (expense), net. Other income (expense), net was approximately $73 for the six months ended December 31, 2025 compared to $(3) for the six months ended December 31, 2024, and was composed of:
Income tax expense (benefit), net. For the six months ended December 31, 2025 and 2024, we had federal income tax expense of $5 and $236, respectively and a state income tax benefit, net of approximately $44 in the six months ended December 31, 2025 compared to a state income tax expense of $78 in t…
Two other customers in the Other Business Lines Segment, while not significant customers of the Company’s consolidated net sales, represented approximately 19%, and 18% and 8%, and 2%, respectively, of net sales of the Other Business Lines Segment in the three months ended December 31, 2025 and 2024…
Selling and Administrative Expenses. Selling and administrative expenses were lower in the three months ended December 31, 2025 by approximately $26 from the three months ended December 31, 2024 and were approximately $943 and $969, respectively. As a percentage of sales, net, selling and administra…
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