WDSP — what changed in the latest 10-Q
A section-by-section comparison of WDSP'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 · 2025-09-23 vs the prior 10-Q · 2025-09-18
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −11 | ~39 | 113 |
| Market risk (Item 3) | Text added/removed | +6 | −11 | ~39 | 112 |
| Controls & procedures | Text added/removed | +6 | −11 | ~39 | 112 |
| Legal proceedings | Text added/removed | +6 | −11 | ~39 | 112 |
| Risk factors | Some risk factors updated | +6 | −11 | ~39 | 112 |
| Other information | Text added/removed | +6 | −11 | ~39 | 111 |
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 · 2025-09-23
Accounts receivable from customers totaled $309 as of July 31, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of July 31, 2025 and October 31, 2024.
Current lease liabilities Short-term lease liability 134,369 233,160
Non-current lease liabilities Lease liability long term 406,897 466,643
Maturities of lease liabilities as of July 31, 2025 are as follows:
Accrued expenses and other payables are comprised of trade accounts payable, accrued payroll tax liabilities and accrued expenses. As of July 31, 2025 and October 31, 2024, the Company had accrued expenses and other payables of $300,772 and $1,186,679, respectively. Details of the accrued expenses a…
Text removed vs the prior filing · source: 10-Q · 2025-09-18
For the period ended April 30, 2024, 11.99% of the inventories were purchased from Kaneko Takuzo Shoten Co. in the amount of $963,139.
For the period ended April 30, 2024, 11.04% of the inventories were purchased from G-Force in the amount of $871,412.
For the period ended April 30, 2024, 13.99% of total revenue was generated from Drone Net, Inc., in the amount of $1,484,355.
For the period ended April 30, 2024, 11.41% of total revenue was generated from Heart Corporation in the amount of $1,231,715.
Accounts receivable from customers totaled $648 as of April 30, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of April 30, 2025 and October 31, 2024.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2025-09-23
Accounts receivable from customers totaled $309 as of July 31, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of July 31, 2025 and October 31, 2024.
Current lease liabilities Short-term lease liability 134,369 233,160
Non-current lease liabilities Lease liability long term 406,897 466,643
Maturities of lease liabilities as of July 31, 2025 are as follows:
Accrued expenses and other payables are comprised of trade accounts payable, accrued payroll tax liabilities and accrued expenses. As of July 31, 2025 and October 31, 2024, the Company had accrued expenses and other payables of $300,772 and $1,186,679, respectively. Details of the accrued expenses a…
Text removed vs the prior filing · source: 10-Q · 2025-09-18
For the period ended April 30, 2024, 11.99% of the inventories were purchased from Kaneko Takuzo Shoten Co. in the amount of $963,139.
For the period ended April 30, 2024, 11.04% of the inventories were purchased from G-Force in the amount of $871,412.
For the period ended April 30, 2024, 13.99% of total revenue was generated from Drone Net, Inc., in the amount of $1,484,355.
For the period ended April 30, 2024, 11.41% of total revenue was generated from Heart Corporation in the amount of $1,231,715.
Accounts receivable from customers totaled $648 as of April 30, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of April 30, 2025 and October 31, 2024.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2025-09-23
Accounts receivable from customers totaled $309 as of July 31, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of July 31, 2025 and October 31, 2024.
Current lease liabilities Short-term lease liability 134,369 233,160
Non-current lease liabilities Lease liability long term 406,897 466,643
Maturities of lease liabilities as of July 31, 2025 are as follows:
Accrued expenses and other payables are comprised of trade accounts payable, accrued payroll tax liabilities and accrued expenses. As of July 31, 2025 and October 31, 2024, the Company had accrued expenses and other payables of $300,772 and $1,186,679, respectively. Details of the accrued expenses a…
Text removed vs the prior filing · source: 10-Q · 2025-09-18
For the period ended April 30, 2024, 11.99% of the inventories were purchased from Kaneko Takuzo Shoten Co. in the amount of $963,139.
For the period ended April 30, 2024, 11.04% of the inventories were purchased from G-Force in the amount of $871,412.
For the period ended April 30, 2024, 13.99% of total revenue was generated from Drone Net, Inc., in the amount of $1,484,355.
For the period ended April 30, 2024, 11.41% of total revenue was generated from Heart Corporation in the amount of $1,231,715.
Accounts receivable from customers totaled $648 as of April 30, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of April 30, 2025 and October 31, 2024.
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2025-09-23
Accounts receivable from customers totaled $309 as of July 31, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of July 31, 2025 and October 31, 2024.
Current lease liabilities Short-term lease liability 134,369 233,160
Non-current lease liabilities Lease liability long term 406,897 466,643
Maturities of lease liabilities as of July 31, 2025 are as follows:
Accrued expenses and other payables are comprised of trade accounts payable, accrued payroll tax liabilities and accrued expenses. As of July 31, 2025 and October 31, 2024, the Company had accrued expenses and other payables of $300,772 and $1,186,679, respectively. Details of the accrued expenses a…
Text removed vs the prior filing · source: 10-Q · 2025-09-18
For the period ended April 30, 2024, 11.99% of the inventories were purchased from Kaneko Takuzo Shoten Co. in the amount of $963,139.
For the period ended April 30, 2024, 11.04% of the inventories were purchased from G-Force in the amount of $871,412.
For the period ended April 30, 2024, 13.99% of total revenue was generated from Drone Net, Inc., in the amount of $1,484,355.
For the period ended April 30, 2024, 11.41% of total revenue was generated from Heart Corporation in the amount of $1,231,715.
Accounts receivable from customers totaled $648 as of April 30, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of April 30, 2025 and October 31, 2024.
Risk factors
Text added vs the prior filing · source: 10-Q · 2025-09-23
Accounts receivable from customers totaled $309 as of July 31, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of July 31, 2025 and October 31, 2024.
Current lease liabilities Short-term lease liability 134,369 233,160
Non-current lease liabilities Lease liability long term 406,897 466,643
Maturities of lease liabilities as of July 31, 2025 are as follows:
Accrued expenses and other payables are comprised of trade accounts payable, accrued payroll tax liabilities and accrued expenses. As of July 31, 2025 and October 31, 2024, the Company had accrued expenses and other payables of $300,772 and $1,186,679, respectively. Details of the accrued expenses a…
Text removed vs the prior filing · source: 10-Q · 2025-09-18
For the period ended April 30, 2024, 11.99% of the inventories were purchased from Kaneko Takuzo Shoten Co. in the amount of $963,139.
For the period ended April 30, 2024, 11.04% of the inventories were purchased from G-Force in the amount of $871,412.
For the period ended April 30, 2024, 13.99% of total revenue was generated from Drone Net, Inc., in the amount of $1,484,355.
For the period ended April 30, 2024, 11.41% of total revenue was generated from Heart Corporation in the amount of $1,231,715.
Accounts receivable from customers totaled $648 as of April 30, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of April 30, 2025 and October 31, 2024.
Other information
Text added vs the prior filing · source: 10-Q · 2025-09-23
Accounts receivable from customers totaled $309 as of July 31, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of July 31, 2025 and October 31, 2024.
Current lease liabilities Short-term lease liability 134,369 233,160
Non-current lease liabilities Lease liability long term 406,897 466,643
Maturities of lease liabilities as of July 31, 2025 are as follows:
Accrued expenses and other payables are comprised of trade accounts payable, accrued payroll tax liabilities and accrued expenses. As of July 31, 2025 and October 31, 2024, the Company had accrued expenses and other payables of $300,772 and $1,186,679, respectively. Details of the accrued expenses a…
Text removed vs the prior filing · source: 10-Q · 2025-09-18
For the period ended April 30, 2024, 11.99% of the inventories were purchased from Kaneko Takuzo Shoten Co. in the amount of $963,139.
For the period ended April 30, 2024, 11.04% of the inventories were purchased from G-Force in the amount of $871,412.
For the period ended April 30, 2024, 13.99% of total revenue was generated from Drone Net, Inc., in the amount of $1,484,355.
For the period ended April 30, 2024, 11.41% of total revenue was generated from Heart Corporation in the amount of $1,231,715.
Accounts receivable from customers totaled $648 as of April 30, 2025 and $902 as of October 31, 2024. No bad debt allowance was provided as of April 30, 2025 and October 31, 2024.
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