MRCL — what changed in the latest 10-Q
A section-by-section comparison of MRCL'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 · 2026-05-01 vs the prior 10-Q · 2026-01-22
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −8 | ~10 | 145 |
| 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 · 2026-05-01
As of March 31, 2026, our total assets were $54,182. Total assets were comprised of $23,646 in current assets and $30,536 in intangible assets.
As of March 31, 2026, our total liabilities were $96,162 and Stockholders’ deficit was $41,980.
As of March 31, 2025, our total assets were $74,793. Total assets were comprised of $34,849 in current assets and $39,944 in intangible assets.
As of March 31, 2025, our current liabilities were $80,882 and Stockholders’ deficit was $6,089.
For the nine months ended March 31, 2026 net cash used in operating activities was $15,600.
Text removed vs the prior filing · source: 10-Q · 2026-01-22
As of December 31, 2025, our directors Mr. Mayor Reyes and Isabel Marin Vargas have verbally agreed to loan the Company the funds to pay company expenses and keep on top of the business development. Being a development stage company, we have very limited operating history. After the twelve months pe…
As of December 31, 2025, our total assets were $51,934. Total assets were comprised of $19,046 in current assets and $32,888 in intangible assets.
As of December 31, 2025, our current liabilities were $94,022 and Stockholders’ deficit was $42,088.
As of December 31, 2024, our total assets were $53,512. Total assets were comprised of $11,216 in current assets and $42,296 in intangible assets.
As of December 31, 2024, our current liabilities were $64,819 and Stockholders’ deficit was $11,307.
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