NIXX — what changed in the latest 10-Q
A section-by-section comparison of NIXX'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 · 2026-05-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +23 | −13 | ~13 | 49 |
| Controls & procedures | Text added/removed | 0 | 0 | ~4 | 8 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 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): Market risk (Item 3)
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
Operating expenses, excluding cost of revenue described above, were approximately $1.7 million for the three-month period ended June 30, 2026, compared to $2.2 million for the corresponding three-month period ended June 30, 2025, a decrease of $584 thousand or 26%. This decrease was due to a decreas…
Other income (expense) for the three-month period ended June 30, 2026, was an expense of $680 thousand compared to expense of $1.4 million in the corresponding period ended June 30, 2025. This decrease is attributable to the decrease in loss change in fair value of contingent consideration of $1.3 m…
Six Months Ended June 30, 2026, Compared to Six Months Ended June 30, 2025:
Revenue was approximately $45.2 million for the six month period ended June 30, 2026, as compared to $14.6 million for the six month period ended June 30, 2025, representing an increase of $30.6 million or 209%. The increase resulted primarily due to the expansion of the Company's telecommunication …
Cost of revenue was $45.1 million for the six month period ended June 30, 2026, compared to $14.6 million for the corresponding six month period in 2025, representing an increase of $30.5 million or 209%. This increase resulted primarily from the increase in revenue generating operations from the ex…
Text removed vs the prior filing · source: 10-Q · 2026-05-13
Operating expenses, excluding cost of revenue described above, were approximately $1.2 million for the three-month period ended March 31, 2026, compared to $3.8 million for the corresponding three-month period in 2025, a decrease of $2.6 million or 67%. This decrease was due to a decrease in general…
Other income (expense) for the three-month period ended March 31, 2026, was income of $1.8 million compared to expense of $(128) thousand in the corresponding 2025 period. This increase is attributable to the increase in Gain on change on fair value of marketable securities of $1.8 million.
Net cash used in operating activities was approximately $384 thousand for the three months ended March 31, 2026, compared to $1.8 million for the three months ended March 31, 2025.
For the three months ended March 31, 2026, the Company reported a net income from continuing operations and discontinued operations of $537. The net loss includes non-cash expenses, including:
·Change in fair value of marketable securities of $1.8 million
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