RFIL — what changed in the latest 10-Q
A section-by-section comparison of RFIL'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 · 2026-09-14 vs the prior 10-Q · 2026-06-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +2 | −2 | ~22 | 7 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 3 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| 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.
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 · 2026-09-14
In the nine months ended July 31, 2026, $1.6 million was provided by our operating activities. The net inflow of cash is primarily related to net income of $2.3 million, $1.8 million from depreciation and amortization, $0.8 million from stock-based compensation expense, a $0.6 million decrease in in…
Gross profit increased by $3.5 million to $21.9 million for the fiscal 2026 nine-month period compared to $18.4 million in the fiscal 2025 nine-month period, and gross margin increased to 34.5% of sales in the fiscal 2026 nine-month period compared to 31.8% of sales in the fiscal 2025 nine-month per…
Text removed vs the prior filing · source: 10-Q · 2026-06-15
In the six months ended April 30, 2026, we used $47,000 of cash from our operating activities. This net outflow of cash is primarily related to the change in accounts payable of $1.3 million, $1.2 million from depreciation and amortization, net income of $0.8 million, $0.5 million from stock-based c…
Gross profit increased by $1.7 million to $13.4 million for the fiscal 2026 six-month period compared to $11.7 million in the fiscal 2025 six-month period, and gross margin increased to 33.8% of sales in the fiscal 2026 six-month period compared to 30.6% of sales in the fiscal 2025 six-month period.…
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