UMEW — what changed in the latest 10-Q
A section-by-section comparison of UMEW'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 · 2026-05-14 vs the prior 10-Q · 2026-02-24
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +25 | −10 | ~6 | 13 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 3 |
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), 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 · 2026-05-14
Revenue for the three months ended March 31, 2026 was $351,187, compared to $411 for the three months ended March 31, 2025. The increase was primarily attributable to sales generated through the Company’s PRC subsidiary, reflecting continued distributor channel activity following the Company’s initi…
Revenue from the United States, including sales through the Amazon marketplace platform, was nominal during the current quarter and did not represent a significant portion of total revenue.
The prior-year quarter reflected minimal operating activity, as the Company had not yet commenced meaningful revenue-generating operations in its Asia-Pacific segment.
Cost of revenues for the three months ended March 31, 2026 was $336,035, compared to $2,135 for the three months ended March 31, 2025. The increase was primarily attributable to higher sales volume in the current quarter, driven by distributor channel activity in China, along with associated product…
The Company operates a capital-light production model utilizing third-party manufacturers, co-packers, and specialized ingredient suppliers. The Company sources its diacylglycerol (“DAG”) oil from a strategic manufacturing partner in China. Due to the specialized nature of DAG oil production, suppli…
Text removed vs the prior filing · source: 10-Q · 2026-02-24
Revenue for the three months ended December 31, 2025 was $147,455, compared to $195 for the three months ended December 31, 2024. The increase was primarily attributable to fulfillment of an initial distributor purchase order in China in December 2025 through the Company’s PRC subsidiary, which repr…
Cost of revenues for the three months ended December 31, 2025 was $142,913, compared to $2,583 for the three months ended December 31, 2024. The increase was primarily attributable to higher sales volume in the current quarter, including fulfillment of a distributor order in China and increased Amaz…
Gross profit for the three months ended December 31, 2025 was $4,542, compared to a gross loss of $2,388 in the prior-year quarter. Gross margin for the current quarter remained low primarily due to product mix, distributor pricing on an initial bulk order, fulfillment and logistics costs, and the i…
Selling, general and administrative expenses were $143,296 for the three months ended December 31, 2025, compared to $12,322 for the three months ended December 31, 2024. The increase was primarily attributable to higher professional and advisory fees, increased executive compensation, and expanded …
During the quarter, the Company engaged an external advisory firm for corporate and strategic advisory services and recorded a one-time fee of approximately $32,500. The Company also incurred consulting expenses under a services agreement with a business advisor at approximately $2,500 per month. In…
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