NIMU — what changed in the latest 10-Q
A section-by-section comparison of NIMU'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 · 2026-08-14 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +3 | −4 | ~8 | 3 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | −1 | ~5 | 3 |
| Risk factors | Restated in full this quarter | +1 | 0 | 0 | 0 |
| 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
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 · 2026-08-14
Net loss. Net loss was $284,000 and $447,000 for the three and six months ended June 30, 2026, respectively, as compared to $42,000 and $81,000 for the three and six months ended June 30, 2025, respectively. The $242,000 and $366,000 increase for the three and six months ended June 30, 2026, respect…
The Company’s operations have been primarily financed through private sales of its equity securities and advances under promissory notes. At June 30, 2026, we had approximately $160,000 of cash and accumulated deficit of approximately $29,565,000. We believe that the cash on hand at June 30, 2026 is…
Net cash used in operating activities was $336,000 and $48,000 for six months ended June 30, 2026 and 2025, respectively. This $288,000 increase in cash used in operating was primarily due to increases in professional fees for six months ended June 30, 2026.
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Net loss. Net loss was $163,000 for the three months ended March 31, 2026 as compared to $39,000 for the three months ended March 31, 2025. This $124,000 increase is primarily attributable to professional fees planned Merger with Gravitics and interest expense resulting from promissory notes.
The Company’s operations have been primarily financed through private sales of its equity securities and advances under promissory notes.
At March 31, 2026, we had approximately $24,000 of cash and negative working capital of approximately $1,159,000. We believe that the cash on hand at March 31, 2026 is not sufficient to meet our anticipated cash requirements for the next 12 months. We are currently exploring promissory notes and a p…
Net cash used in operating activities was $82,000 and $24,000 for three months ended March 31, 2026 and 2025, respectively. This $58,000 increase in cash used was primarily due to professional fees planned Merger with Gravitics as noted above in management’s discussion and analysis of the results of…
Controls & procedures
Text removed vs the prior filing · source: 10-Q · 2026-05-14
There were no changes in the Company’s internal control over financial reporting during the last quarter that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-14
In addition to the risk factors previously disclosed in the Company’s Annual Report on Form 10-KT for the year ended December 31, 2025 filed with the SEC on March 27, 2026, see “Risk Factors” included in Amendment No. 1 to Form S-4 filed on July 27, 2026 and “Risk Factors” included in Form S-1 filed…
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