WFCF — what changed in the latest 10-Q
A section-by-section comparison of WFCF'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 · 2026-08-06 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +2 | −4 | ~15 | 15 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | 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.
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 · 2026-08-06
Costs of products for the three and six months ended June 30, 2026 and 2025 were approximately $0.6 million and $1.0 million. Gross margin for the three months ended June 30, 2026 and 2025 was 39.9% and 36.0%, respectively, while the gross margin for the six months ended June 30, 2026 and 2025 was 3…
Costs of our professional services revenue for the three months ended June 30, 2026 and 2025 was approximately $0.2 million. The costs for the six months ended June 30, 2026 was approximately $0.3 million compared to $0.5 million for the same period in 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Verification and certification service revenue $4,424 $4,182
Costs of verification and certification services 2,721 2,395
Costs of products for the three months ended March 31, 2026 and 2025 were approximately $0.4 million, or 61.4% of revenue compared to 61.0% of revenue in the comparable 2025 period. The increase in the percentage of our costs of products is primarily due to inflationary price increases passed on to …
Costs of our professional services revenue for the three months ended March 31, 2026 and 2025 was approximately $0.2 million and $0.3 million, respectively.
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