LLPS — what changed in the latest 10-Q
A section-by-section comparison of LLPS'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 · 2026-06-12 vs the prior 10-Q · 2026-03-25
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +4 | −5 | ~4 | 15 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 2 |
| 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 · 2026-06-12
The third party failed to make the payment due June 15, 2021, and the agreement has been terminated.
Results of Operations for the nine months ended April 30, 2026 and 2025
Our consolidated net loss for the nine months ended April 30, 2026, and 2025 was $11,173 and $21,525, which consisted entirely of general and administrative fees from our Privacy and Value software product.
As of April 30, 2026, our liabilities were $572,103 compared to $542,930 on July 31, 2025. Liabilities on April 30, 2026, and July 31, 2025 were comprised entirely of accounts payable and accrued liabilities.
Text removed vs the prior filing · source: 10-Q · 2026-03-25
The management obtained an independent valuation of the Privacy and Value software in its present form of development that estimated its value at approximately $2,200,000. Accordingly, the amount that was due from Cyber Apps to Limitless Projects Inc. under the Asset Purchase and Joint Agreement was…
The management entered into agreements with Cyber Apps whereby they each will transfer 50,000,000 of our shares, for a total of 100,000,000 to Cyber Apps and its principals for a cash payment of $250,000 that was due on June 15, 2021. Cyber Apps did not make the $250,000 payment by the deadline date…
Results of Operations for the six months ended January 31, 2026 and 2025
Our consolidated net loss for the six months ended January 31, 2026, and 2025 was $7,224 and $ 13,835, which consisted entirely of general and administrative fees.
As of January 31, 2026, our liabilities were $562,154 compared to $542,930 on July 31, 2025. Liabilities on January 31, 2026, and July 31, 2025 were comprised entirely of accounts payable and accrued liabilities. The decrease in the accounts payable and accrued liabilities in the current fiscal year…
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