IRMD — what changed in the latest 10-Q
A section-by-section comparison of IRMD'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 · 2026-07-31 vs the prior 10-Q · 2026-05-01
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +23 | −16 | ~8 | 17 |
| Market risk (Item 3) | Text added/removed | +5 | −6 | ~2 | 29 |
| Controls & procedures | Text added/removed | +5 | −6 | ~2 | 29 |
| Legal proceedings | Text added/removed | +5 | −6 | ~2 | 29 |
| Risk factors | Text added/removed | +5 | −6 | ~2 | 29 |
| Other information | Text added/removed | +5 | −6 | ~2 | 29 |
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 · 2026-07-31
For the quarter ended June 30, 2026, our revenue increased by $0.1 million, or 0.5%, to $20.5 million from $20.4 million compared to the same period of 2025. Income before the provision for income taxes was $6.9 million for the quarter ended June 30, 2026, compared to $7.3 million for the quarter en…
MRI Compatible Patient Vital Signs Monitoring Systems6,665 5,944 13,772 12,489
Amortization of extended maintenance agreements758 592 1,417 1,153
For the three months ended June 30, 2026, total revenue increased by $0.1 million, or 0.5%, to $20.5 million from $20.4 million for the same period in 2025. This increase is primarily attributed to modifications to our sales incentive plan for patient vital signs monitoring systems, disposables, and…
Revenue from sales in the U.S. decreased by $1.5 million, or 8%, to $16.7 million for the three months ended June 30, 2026, from $18.2 million for the same period in 2025. Revenue from sales internationally increased by $1.5 million, or 69%, to $3.7 million from $2.2 million for the same period in 2…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
For the quarter ended March 31, 2026, our revenue increased by $2.5 million, or 13% to $22.0 million, compared to $19.5 million for the quarter ended March 31, 2025. Income before the provision for income taxes was $7.8 million for the quarter ended March 31, 2026, compared to $5.9 million for the q…
Comparison of the Three Months Ended March 31, 2026 and 2025
MRI Compatible Intravenous ("IV") Infusion Pump Systems$7,664 $5,999
MRI Compatible Patient Vital Signs Monitoring Systems7,107 6,545
For the three months ended March 31, 2026, total revenue increased by $2.5 million, or 13%, to $22.0 million from $19.5 million for the same period in 2025. This increase is primarily attributed to continued demand for our IV infusion pump systems, amortization of extended maintenance revenue, and m…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-07-31
•our primary reliance on a limited number of products and our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services;
•the impact on our operations and financial results of any public health emergency, including any potential future pandemic or epidemic, or any natural disaster, and any related policies and actions by governments or other third parties;
•geopolitical risks, including international conflicts, political instability and recent or upcoming elections in the United States (the “U.S.”) and other countries, which could, among other things, lead to increased market volatility;
•the impact of tariffs, trade restrictions, export controls, and changes in trade policy, which could increase the cost of components and raw materials used in our products, disrupt our supply chain, limit our ability to sell products in international markets, or otherwise adversely affect our busin…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
•failure to obtain and/or maintain regulatory approvals and comply with applicable regulations;
•our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services, including difficulties or delays associated with obtaining requisite regulatory approvals or clearances associated with those activities;
•potential negative impacts resulting from a future pandemic or epidemic, or natural disaster;
•the impact on our operations and financial results of any public health emergency and any related policies and actions by governments or other third parties;
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-07-31
•our primary reliance on a limited number of products and our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services;
•the impact on our operations and financial results of any public health emergency, including any potential future pandemic or epidemic, or any natural disaster, and any related policies and actions by governments or other third parties;
•geopolitical risks, including international conflicts, political instability and recent or upcoming elections in the United States (the “U.S.”) and other countries, which could, among other things, lead to increased market volatility;
•the impact of tariffs, trade restrictions, export controls, and changes in trade policy, which could increase the cost of components and raw materials used in our products, disrupt our supply chain, limit our ability to sell products in international markets, or otherwise adversely affect our busin…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
•failure to obtain and/or maintain regulatory approvals and comply with applicable regulations;
•our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services, including difficulties or delays associated with obtaining requisite regulatory approvals or clearances associated with those activities;
•potential negative impacts resulting from a future pandemic or epidemic, or natural disaster;
•the impact on our operations and financial results of any public health emergency and any related policies and actions by governments or other third parties;
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-07-31
•our primary reliance on a limited number of products and our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services;
•the impact on our operations and financial results of any public health emergency, including any potential future pandemic or epidemic, or any natural disaster, and any related policies and actions by governments or other third parties;
•geopolitical risks, including international conflicts, political instability and recent or upcoming elections in the United States (the “U.S.”) and other countries, which could, among other things, lead to increased market volatility;
•the impact of tariffs, trade restrictions, export controls, and changes in trade policy, which could increase the cost of components and raw materials used in our products, disrupt our supply chain, limit our ability to sell products in international markets, or otherwise adversely affect our busin…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
•failure to obtain and/or maintain regulatory approvals and comply with applicable regulations;
•our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services, including difficulties or delays associated with obtaining requisite regulatory approvals or clearances associated with those activities;
•potential negative impacts resulting from a future pandemic or epidemic, or natural disaster;
•the impact on our operations and financial results of any public health emergency and any related policies and actions by governments or other third parties;
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-07-31
•our primary reliance on a limited number of products and our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services;
•the impact on our operations and financial results of any public health emergency, including any potential future pandemic or epidemic, or any natural disaster, and any related policies and actions by governments or other third parties;
•geopolitical risks, including international conflicts, political instability and recent or upcoming elections in the United States (the “U.S.”) and other countries, which could, among other things, lead to increased market volatility;
•the impact of tariffs, trade restrictions, export controls, and changes in trade policy, which could increase the cost of components and raw materials used in our products, disrupt our supply chain, limit our ability to sell products in international markets, or otherwise adversely affect our busin…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
•failure to obtain and/or maintain regulatory approvals and comply with applicable regulations;
•our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services, including difficulties or delays associated with obtaining requisite regulatory approvals or clearances associated with those activities;
•potential negative impacts resulting from a future pandemic or epidemic, or natural disaster;
•the impact on our operations and financial results of any public health emergency and any related policies and actions by governments or other third parties;
Other information
Text added vs the prior filing · source: 10-Q · 2026-07-31
•our primary reliance on a limited number of products and our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services;
•the impact on our operations and financial results of any public health emergency, including any potential future pandemic or epidemic, or any natural disaster, and any related policies and actions by governments or other third parties;
•geopolitical risks, including international conflicts, political instability and recent or upcoming elections in the United States (the “U.S.”) and other countries, which could, among other things, lead to increased market volatility;
•the impact of tariffs, trade restrictions, export controls, and changes in trade policy, which could increase the cost of components and raw materials used in our products, disrupt our supply chain, limit our ability to sell products in international markets, or otherwise adversely affect our busin…
Text removed vs the prior filing · source: 10-Q · 2026-05-01
•failure to obtain and/or maintain regulatory approvals and comply with applicable regulations;
•our ability to identify and pursue development of additional products;
•difficulties or delays in the development, production, manufacturing and marketing of new or existing products and services, including difficulties or delays associated with obtaining requisite regulatory approvals or clearances associated with those activities;
•potential negative impacts resulting from a future pandemic or epidemic, or natural disaster;
•the impact on our operations and financial results of any public health emergency and any related policies and actions by governments or other third parties;
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