MMEX — what changed in the latest 10-Q
A section-by-section comparison of MMEX'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 · 2026-09-08 vs the prior 10-Q · 2026-03-10
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −6 | ~11 | 8 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 3 |
| 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): Legal proceedings, 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 · 2026-09-08
Our general and administrative expenses increased to $939,690 for the three months ended July 31, 2026 from $298,940 for the three months ended July 31, 2025. The increase is a result of the Company recognizing more consultant fees, surveying fees, and offering costs during the three months ended Ju…
Our interest expense includes interest accrued on debt, amortization of debt discount and penalties assessed on debt. Interest expense totaled $66,847 and $67,602 for the three months ended July 31, 2026 and 2025, respectively. The decrease in interest expense is due to less amortization of debt dis…
As a result of the non-controlling interest in the Company’s subsidiaries, our net loss attributed to common shareholders was $791,710 and $436,139 for the three months ended July 30, 2026 and 2025, respectively.
We used net cash of $11,929 in investing activities for the three months ended July 31, 2026 as a resulting of purchasing computers.
Net cash used in investing activities for the three months ended July 31, 2025 was $0.
Text removed vs the prior filing · source: 10-Q · 2026-03-10
Our general and administrative expenses decreased to $282,639 for the three months ended January 31, 2026 from $334,166 for the three months ended January 31, 2025. The decrease is a result of the Company pausing certain consulting agreements during the three months ended January 31, 2026, as compar…
Our interest expense includes interest accrued on debt, amortization of debt discount and penalties assessed on debt. Interest expense totaled $58,112 and $204,055 for the three months ended January 31, 2026 and 2025, respectively and totaled $183,401 and $378,384 for the nine months ended January 3…
We reported a net gain on extinguishment of debt of $0 and $15,765 for the three months ended January 31, 2026 and 2025, respectively and $0 and $4,248 net loss on extinguishment of debt for the nine months ended January 31, 2026 and 2025, respectively. The gain (loss) in the prior period was a resu…
Net cash used in investing activities for the nine months ended January 31, 2026 and 2025 was $0.
Net cash provided by financing activities for the nine months ended January 31, 2026 was $141,831, comprised of proceeds from convertible notes payable – related parties of $144,870, proceeds from notes payable -related parties of $7,990 offset by repayments of notes payable of $11,029.
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