OCC — what changed in the latest 10-Q
A section-by-section comparison of OCC'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 · 2026-09-09 vs the prior 10-Q · 2026-06-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +4 | −4 | ~67 | 31 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
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), Legal proceedings, Risk factors, Other information
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 · 2026-09-09
Gross profit increased 43.9% to $9.1 million in the third quarter of fiscal year 2026, compared to $6.3 million for the third quarter of fiscal year 2025, and increased 19.8% when compared to $7.6 million for the second quarter of fiscal year 2026.
Total liabilities increased $2.1 million, or 11.3%, to $20.6 million at July 31, 2026, from $18.5 million at October 31, 2025. The increase in total liabilities was primarily due to an $882,000 increase in accrued compensation and payroll taxes, resulting from increased employee incentives in respon…
Net cash provided by operating activities was $148,000 in the first nine months of fiscal year 2026, compared to $617,000 for the first nine months of fiscal year 2025. Net cash provided by operating activities during the first nine months of fiscal year 2026 primarily resulted from certain adjustme…
Net cash provided by financing activities totaled $363,000 for the first nine months of fiscal year 2026, compared to net cash used in financing activities of $206,000 in the first nine months of fiscal year 2025. Net cash provided by financing activities in the first nine months of fiscal years 202…
Text removed vs the prior filing · source: 10-Q · 2026-06-08
Gross profit increased 42.4% to $7.6 million in the second quarter of fiscal year 2026, compared to $5.3 million for the second quarter of fiscal year 2025, and increased 41.4% when compared to $5.4 million for the first quarter of fiscal year 2026.
Total liabilities increased $1.7 million, or 9.1%, to $20.2 million at April 30, 2026, from $18.5 million at October 31, 2025. The increase in total liabilities was primarily due to an increase in note payable, revolver - current totaling $1.7 million, resulting from net proceeds on our Revolver.
Net cash used in operating activities was $1.4 million in the first half of fiscal year 2026, compared to net cash provided by operating activities of $2.8 million for the first half of fiscal year 2025. Net cash used in operating activities during the first half of fiscal year 2026 primarily result…
Net cash provided by financing activities totaled $1.5 million for the first half of fiscal year 2026, compared to net cash used in financing activities of $2.0 million in the first half of fiscal year 2025. Net cash provided by financing activities in the first half of fiscal years 2026 resulted pr…
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