PNXP — what changed in the latest 10-Q
A section-by-section comparison of PNXP'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 · 2025-12-19 vs the prior 10-Q · 2025-09-09
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −10 | ~4 | 5 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | +3 | −2 | ~4 | 7 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | No paragraph-level changes | 0 | 0 | 0 | 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): 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 · 2025-12-19
Total other income (expenses) for the three months ended October 31, 2025 and 2024 were ($90,488) and $0, respectively. Other income (expenses) for the three months ended October 31, 2025 and 2024 consisted of interest expense of ($98,826) and $0 respectively and change in derivative of $8,338 and $…
Results of Operations for the nine months ended October 31, 2025 and 2024:
For the nine months ended October 31, 2025 and 2024, the company generated revenues of $0 and 16,168, respectively.
Total expenses for the nine months ended October 31, 2025 and 2024 were $319,970 and $16,740, respectively. The expenses for the nine months ended October 31, 2025 and 2024 consisted of management compensation of $112,500 and $0 respectively; stock issued for services of $16,981 and $0, respectively…
Total other income (expenses) for the nine months ended October 31, 2025 and 2024 were ($302,206) and $0, respectively. Other income (expenses) for the nine months ended October 31, 2025 and 2024 consisted of interest expense of ($327,802) and $0 respectively; amortization of debt discount of ($46,6…
Text removed vs the prior filing · source: 10-Q · 2025-09-09
Results of Operations for the six months ended July 31, 2025 and 2024:
For the six months ended July 31, 2025 and 2024, the company generated revenues of $0 and 11,836, respectively.
Total expenses for the six months ended July 31 , 2025 and 2024 were $430,917 and $11,160, respectively. The expenses for the six months ended July 31, 2025 and 2024 consisted of management compensation of $225,000 and $0 respectively; stock issued for services of $15,728 and $0, respectively; profe…
The Company sustained a (loss) of ($642,635) for the six ended July 31, 2025 and income $3,616 for the six months ended July 31, 2024. The Company has accumulated losses totaling $1,316,281 at July 31, 2025. Because of the absence of positive cash flows from operations, the Company will require addi…
development and marketing of products. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2025-12-19
acts in the capacity of the Audit Committee and does not include a member that is considered to be independent of management to provide the necessary oversight over management’s activities.
2.We did not maintain appropriate cash controls - As of October 31, 2025, the Company has not maintained sufficient internal controls over financial reporting for the cash process, including failure to segregate cash handling and accounting functions, and did not require dual signature on the Compan…
3.We did not implement appropriate information technology controls - As of October 31, 2025, the Company retains copies of all financial data and material agreements; however, there is no formal procedure or evidence of normal backup of the Company’s data or off-site storage of data in the event of …
Text removed vs the prior filing · source: 10-Q · 2025-09-09
2.We did not maintain appropriate cash controls - As of January 31, 2025, the Company has not maintained sufficient internal controls over financial reporting for the cash process, including failure to segregate cash handling and accounting functions, and did not require dual signature on the Compan…
3.We did not implement appropriate information technology controls - As of January 31, 2025, the Company retains copies of all financial data and material agreements; however, there is no formal procedure or evidence of normal backup of the Company’s data or off-site storage of data in the event of …
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