MTEX — what changed in the latest 10-Q
A section-by-section comparison of MTEX'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 · 2026-08-12 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +43 | −26 | ~22 | 29 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 4 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 8 |
| Other information | No paragraph-level changes | 0 | 0 | 0 | 15 |
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
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 · 2026-08-12
Consolidated net sales for the three months ended June 30, 2026 was $26.7 million, as compared to $25.7 million for the three months ended June 30, 2025, an increase of $1.0 million, or 3.8%. Consolidated net sales for the six months ended June 30, 2026 was $51.6 million, as compared to $52.2 millio…
Net income was $2.0 million for the six months ended June 30, 2026, or $1.02 per diluted share, as compared to a net loss of $5.8 million, or $3.07 per diluted share for the six months ended June 30, 2025.
Of the improvement in six-month net income, $4.9 million was attributable to a favorable net foreign currency gains and losses, recorded in Other Income (Expense), from a $3.2 million loss for the six months ended June 30, 2025, to a $1.7 million gain for the six months ended June 30, 2026. These fo…
Three Months Ended June 30, 2026 Compared to Three Months Ended June 30, 2025
The table below summarizes our consolidated operating results in dollars and as a percentage of net sales for the three months ended June 30, 2026 and 2025 (in thousands, except percentages):
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Consolidated net sales for the three months ended March 31, 2026 was $24.9 million, as compared to $26.6 million for the three months ended March 31, 2025, a decrease of $1.6 million, or 6.2%. The decline in revenues was principally due to slowing demand in certain regions we operate within.
Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025
The table below summarizes our consolidated operating results in dollars and as a percentage of net sales for the three months ended March 31, 2026 and 2025 (in thousands, except percentages):
To supplement our financial results presented in accordance with GAAP, we disclose operating results that have been adjusted to exclude the impact of changes due to the translation of foreign currencies into U.S. dollars, including changes in: Net Sales, Gross Profit, and Loss from Operations. We re…
For the three months ended March 31, 2026, our net sales decreased $2.2 million, or 8.1% on a Constant dollar basis, (see reconciliation of Non-GAAP Financial Measures in the tables below); and foreign exchange caused a $0.5 million increase in GAAP net sales as compared to the same periods in 2025,…
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