LSEB — what changed in the latest 10-Q
A section-by-section comparison of LSEB'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 · 2026-02-23 vs the prior 10-Q · 2025-11-19
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −10 | ~22 | 68 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Risk factors
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 · 2026-02-23
On January 13, 2025, the Company announced it is actively pursuing a capital raise of a minimum $5 million USD to accredited investors through a series of tranches subject to satisfaction of closing conditions. The Company intends to use the net proceeds from the private placement primarily for cost…
The Company generated $1,004 in sales during the three month period ended December 31, 2025, and $3,272 for the three month period ended December 31, 2024. For the nine month period ended December 31, 2025 the Company generated $15,535 in sales, and for the nine month period ended December 31, 2024 …
For the first nine months of fiscal year 2025, the Company recorded a 22% increase in revenue from 2024. This increase in sales is primarily attributed to an increase in promotional and marketing activities such as pop-ups and collaborative events for the Lauren Bentley Swimwear brand.
Operating expenses for the quarter ended December 31, 2025 were $27,816, as compared to $55,656 for the quarter ended December 31, 2024. Operating expenses for the nine month period ended December 31, 2025 were $61,654, as compared to $148,755 for the nine month period ended December 31, 2024. The o…
The Company reported a net loss of $27,653 for the quarter ended December 31, 2025, and $57,877 for the quarter ended December 31, 2024, respectively. The Company reported a net loss of $50,468 for the nine months ended December 31, 2025, and $145,213 for the nine months ended December 31, 2024, res…
Text removed vs the prior filing · source: 10-Q · 2025-11-19
On January 13, 2025, the Company announced it is actively pursuing a capital raise of a minimum $5 million USD to accredited investors through a series of tranches subject to satisfaction of closing conditions. The Company expects to enter into an Equity Financing Agreement in the coming weeks with …
The Company intends to use the net proceeds from the private placement primarily for costs directly related to sales and marketing, for research and development, working capital and general corporate purposes, including the costs of operating as a public company. The intent of the capital raise is t…
The Company generated $13,168 in sales during the three month period ended September 30, 2025, and for the three month period ended September 30, 2024 the Company generated $2,574 in sales. For the six month period ended September 30, 2025 the Company generated $14,531 in sales, and for the six mont…
Operating expenses for the quarter ended September 30, 2025 were $21,047, as compared to $52,773 for the quarter ended September 30, 2024. Operating expenses for the six month period ended September 30, 2025 were $33,838, as compared to $93,099 for the six month period ended September 30, 2024. The …
The Company reported a net loss of $11,513 for the quarter ended September 30, 2025, and $49,560 for the quarter ended September 30, 2024, respectively. The Company reported a net loss of $22,815 for the six months ended September 30, 2025, and $87,336 for the six months ended September 30, 2024, re…
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