WYTC — what changed in the latest 10-Q
A section-by-section comparison of WYTC'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 · 2025-11-19 vs the prior 10-Q · 2025-08-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +4 | −5 | ~15 | 31 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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.
Not shown (absent or not faithfully extractable): Market risk (Item 3)
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 · 2025-11-19
On September 30, 2024, we filed five patent applications centered on our AI-driven gunshot detection technology, securing protection in the United States and laying the groundwork for international coverage. In March 2025, the U.S. Patent and Trademark Office issued U.S. Patent No. 12,271,971 for ou…
While our portfolio is anchored in firearm discharge detection to help protect students, the technology also extends to identifying harmful drugs entering school districts. With these additional patents, we expect to adapt our platform to a range of industries. Our AI gunshot technology complements …
Selling, general, and administrative expenses were $460,498 for the three months ended September 30, 2025, as compared to $546,622 for the three months ended September 30, 2024, resulting in a decrease of $86,124 or 16%. Contributing factors to the decrease include a decrease in stock compensation o…
For a discussion of recent accounting pronouncements, see Note 1 to the unaudited condensed financial statements included elsewhere in this Quarterly Report on Form 10-Q.
Text removed vs the prior filing · source: 10-Q · 2025-08-13
In October 2023, we entered into an agreement with Lemko Corporation (“Lemko”) to provide the wireless gateway and to enhance our LPN-16 technology in conjunction with our development of an integrated solution to supplement our in-building solution, including our gunshot detection and drug sensing s…
In October 2023, we filed a provisional patent with the United States Patent and Trademark Office (“USPTO”) for our smart-sensor technology. In October 2024, we split the provisional patent into four separate patent applications, one of which we filed with the USPTO (“Smart Sensor System for Threat …
Selling, general and administrative expenses were $641,921 for the three months ended June 30, 2025, as compared to $427,364 for the three months ended June 30, 2024, resulting in an increase of $214,557 or 50%. Contributing factors to the increase include an increase in professional and consulting …
We have reviewed the standards issued by the Financial Accounting Standards Board (“FASB”) through June 30, 2025 and which are not yet effective. Unless otherwise discussed, the impact of recently issued standards that are not yet effective will not have a material impact on the Company’s financial …
On December 14, 2023, FASB issued ASU 2023-09: Improvement to Income Tax Disclosures (Topic 740). The new standard was issued with the intent of expanding income tax expense presentation and note disclosure requirements. The Company is currently evaluating the effects of this standard, but the Compa…
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