MDBH — what changed in the latest 10-Q
A section-by-section comparison of MDBH'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 · 2026-05-14 vs the prior 10-Q · 2025-11-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +138 | −117 | ~75 | 83 |
| Market risk (Item 3) | Text added/removed | +138 | −117 | ~74 | 83 |
| Controls & procedures | Text added/removed | +138 | −117 | ~74 | 83 |
| Legal proceedings | Text added/removed | +138 | −117 | ~74 | 83 |
| Risk factors | Some risk factors updated | +138 | −117 | ~74 | 83 |
| Other information | Text added/removed | +138 | −117 | ~73 | 83 |
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 · 2026-05-14
Investment securities, at fair value, held by the licensed broker dealer (Notes 1 and 2) 5,141 7,166
Class A Common Shares, 95,000,000 authorized shares at no par value; 5,300,132 and 5,138,632 shares issued and outstanding, respectively - -
Total MDB Capital Holdings, LLC Members’ equity 56,336 60,690
Unrealized (loss) on investment securities, net from the licensed broker dealer (Notes 1 and 2) $(3,047) $(1,463)
Unrealized (loss) on investment securities, net from non-licensed broker dealer (Notes 1 and 2) (116) -
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Cash segregated in compliance with regulations 837,632 843,741
Three Months Ended September 30, Nine Months Ended September 30,
Net loss per share attributable to MDB Capital Holdings, LLC:
Three Months Ended During the Nine Months Ended September 30, 2025 and 2024
Shares Amount Shares Amount Capital (Deficit) Interest Equity
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-14
Investment securities, at fair value, held by the licensed broker dealer (Notes 1 and 2) 5,141 7,166
Class A Common Shares, 95,000,000 authorized shares at no par value; 5,300,132 and 5,138,632 shares issued and outstanding, respectively - -
Total MDB Capital Holdings, LLC Members’ equity 56,336 60,690
Unrealized (loss) on investment securities, net from the licensed broker dealer (Notes 1 and 2) $(3,047) $(1,463)
Unrealized (loss) on investment securities, net from non-licensed broker dealer (Notes 1 and 2) (116) -
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Cash segregated in compliance with regulations 837,632 843,741
Three Months Ended September 30, Nine Months Ended September 30,
Net loss per share attributable to MDB Capital Holdings, LLC:
Three Months Ended During the Nine Months Ended September 30, 2025 and 2024
Shares Amount Shares Amount Capital (Deficit) Interest Equity
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-14
Investment securities, at fair value, held by the licensed broker dealer (Notes 1 and 2) 5,141 7,166
Class A Common Shares, 95,000,000 authorized shares at no par value; 5,300,132 and 5,138,632 shares issued and outstanding, respectively - -
Total MDB Capital Holdings, LLC Members’ equity 56,336 60,690
Unrealized (loss) on investment securities, net from the licensed broker dealer (Notes 1 and 2) $(3,047) $(1,463)
Unrealized (loss) on investment securities, net from non-licensed broker dealer (Notes 1 and 2) (116) -
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Cash segregated in compliance with regulations 837,632 843,741
Three Months Ended September 30, Nine Months Ended September 30,
Net loss per share attributable to MDB Capital Holdings, LLC:
Three Months Ended During the Nine Months Ended September 30, 2025 and 2024
Shares Amount Shares Amount Capital (Deficit) Interest Equity
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-05-14
Investment securities, at fair value, held by the licensed broker dealer (Notes 1 and 2) 5,141 7,166
Class A Common Shares, 95,000,000 authorized shares at no par value; 5,300,132 and 5,138,632 shares issued and outstanding, respectively - -
Total MDB Capital Holdings, LLC Members’ equity 56,336 60,690
Unrealized (loss) on investment securities, net from the licensed broker dealer (Notes 1 and 2) $(3,047) $(1,463)
Unrealized (loss) on investment securities, net from non-licensed broker dealer (Notes 1 and 2) (116) -
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Cash segregated in compliance with regulations 837,632 843,741
Three Months Ended September 30, Nine Months Ended September 30,
Net loss per share attributable to MDB Capital Holdings, LLC:
Three Months Ended During the Nine Months Ended September 30, 2025 and 2024
Shares Amount Shares Amount Capital (Deficit) Interest Equity
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-05-14
Investment securities, at fair value, held by the licensed broker dealer (Notes 1 and 2) 5,141 7,166
Class A Common Shares, 95,000,000 authorized shares at no par value; 5,300,132 and 5,138,632 shares issued and outstanding, respectively - -
Total MDB Capital Holdings, LLC Members’ equity 56,336 60,690
Unrealized (loss) on investment securities, net from the licensed broker dealer (Notes 1 and 2) $(3,047) $(1,463)
Unrealized (loss) on investment securities, net from non-licensed broker dealer (Notes 1 and 2) (116) -
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Cash segregated in compliance with regulations 837,632 843,741
Three Months Ended September 30, Nine Months Ended September 30,
Net loss per share attributable to MDB Capital Holdings, LLC:
Three Months Ended During the Nine Months Ended September 30, 2025 and 2024
Shares Amount Shares Amount Capital (Deficit) Interest Equity
Other information
Text added vs the prior filing · source: 10-Q · 2026-05-14
Investment securities, at fair value, held by the licensed broker dealer (Notes 1 and 2) 5,141 7,166
Class A Common Shares, 95,000,000 authorized shares at no par value; 5,300,132 and 5,138,632 shares issued and outstanding, respectively - -
Total MDB Capital Holdings, LLC Members’ equity 56,336 60,690
Unrealized (loss) on investment securities, net from the licensed broker dealer (Notes 1 and 2) $(3,047) $(1,463)
Unrealized (loss) on investment securities, net from non-licensed broker dealer (Notes 1 and 2) (116) -
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Cash segregated in compliance with regulations 837,632 843,741
Three Months Ended September 30, Nine Months Ended September 30,
Net loss per share attributable to MDB Capital Holdings, LLC:
Three Months Ended During the Nine Months Ended September 30, 2025 and 2024
Shares Amount Shares Amount Capital (Deficit) Interest Equity
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