PNYG — what changed in the latest 10-Q
A section-by-section comparison of PNYG'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 · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +12 | −7 | ~3 | 10 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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, 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 · 2026-08-14
For the six months ended June 30, 2026 and 2025, revenues were $55,184 and $74,823 respectively, with a decrease of $19,639 over the same period in 2025. The decrease in revenue was primarily due to softened customer demand for car transportation services in 2026. The reduction in market demand drov…
Cost of Revenue for the three months ended June 30, 2026 and 2025 were $28,008 and $28,061, respectively, a decrease of $53 over the same period in 2025. Costs remained stable for three months ended June 30, 2026 compared to the same period last year.
Cost of Revenue for the six months ended June 30, 2026 and 2025 were $34,465 and $46,705 respectively, with a decrease of $12,240 over the same period in 2025. The decrease was mainly due to the decrease in costs was due to a reduction in order volume and a decline in the number of vehicles used to …
Gross profits were $3,440 and $16,497 for the three months ended June 30, 2026 and 2025, respectively. The gross profit margin as a percentage of sales were 10.9% and 37.0% for the three months ended June 30, 2026 and 2025, respectively. The decrease in gross margin is attributable to the catch-up a…
Gross profits were $20,719 and $28,118 for the six months ended June 30, 2026 and 2025, respectively. The gross profit margin as a percentage of sales for the six months ending June 30, 2026 and 2025 were 37.5% and 37.6%, respectively. The gross margin remained stable year-over-year compared to the …
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Cost of Revenue for the three months ended March 31, 2026 and 2025 were $6,457 and $18,644, respectively, a decrease of $12,187 over the same period in 2025. The decrease was mainly due to the decrease in costs was due to a reduction in order volume and a decline in the number of vehicles used to pr…
Gross profits were $17,279 and $11,621 for the three months ended March 31, 2026 and 2025, respectively. The gross profit margin as a percentage of sales were 72.8% and 38.4% for the three months ended March 31, 2026 and 2025, respectively. The increase in gross margin is attributable to the recogni…
Operating expenses for the three months ended March 31, 2026 and 2025 were $74,121 and $60,987, respectively. The increase of operating expenses was mainly due to increase of service fees accrued, not paid yet for other consulting services as compared to the prior period.
Other (Expense) income consists of interest income and exchange gain (loss). For the three months ended March 31, 2026 and 2025, the net other expenses were $90 and $86. The change of other income (expenses) mainly due to the change of exchange rate.
We have suffered recurring losses from operations and have an accumulated deficit of $1,191,855 as of March 31, 2026. We had a cash balance of $8,050 and negative working capital of $1,015,944 as of March 31, 2026. We have incurred losses of $57,983 for the three months ended March 31, 2026. Our fin…
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