What changed in this filing

/stocks — the workspaceLOADING

Item 1. Financial Statements

2023-08-15 compared with 2023-05-15 · 182 added, 142 removed, 460 unchanged (41% of the section changed)

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CONSOLIDATED BALANCE SHEETS

June 30, 2023

December 31, 2022

Current assets:

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Prepaid expense

current assets

Total current assets

LIABILITIES AND STOCKHOLDERS’ EQUITY

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Stockholders’ equity

Preferred stock, $ 0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively

Preferred stock, $ 0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively

Series A Convertible Preferred stock;

$ 0.001 par value, 9,000,000 shares authorized, no shares issued and outstanding at March 31, 2023 and December 31, 2022

$ 0.001 par value, 9,000,000 shares authorized, no shares issued and outstanding at June 30, 2023 and December 31, 2022

Preferred stock, value

Common stock:

$ 0.001 par value, 1,000,000,000 shares authorized, 464,526,125 and 515,505,770 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively

$ 0.001 par value, 1,000,000,000 shares authorized, 476,181,187 and 515,505,770 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively

Additional paid-in capital

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CONSOLIDATED STATEMENTS OF OPERATIONS

For the Three

March 31, 2023

For the Three

March 31, 2022

For the Three Months ended

June 30, 2023

For the Three Months ended

June 30, 2022

For the Six Months ended

June 30, 2023

For the Six Months ended

June 30, 2022

Equipment Sales

Service Revenue

Other Revenue

TOTAL REVENUE

COST OF REVENUE

OPERATING EXPENSES

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Miscellaneous Income (Expense)

Interest and Other Income

Total Other Income (Expense)

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$ ( 261,116 )

$ ( 454,507 )

$ ( 490,277 )

BASIC AND DILUTED LOSS PER SHARE

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CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31,

SIX MONTHS ENDED JUNE 30,

Cash flows from operating activities:

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Depreciation expense

Stock for services

Stock Compensation – Option Valuation

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Supplementary disclosure of non-cash financing activities:

Common Stock cancelled related to exclusive license cancellation and settlement

agreement – 51,507,749 Common Shares

Common Stock cancelled related to exclusive license cancellation and settlement agreement – 51,507,749 Common Shares

Supplementary disclosure of cash flow information:

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS ’ EQUITY

of March 31, 2023

of June 30, 2023

Preferred Stock

Stockholders’

Additional Paid-In

Stockholders’ Equity

Balances, January 21, 2021 (inception)

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$ ( 1,096,594 )

Beginning balance, value

$ ( 1,096,594 )

Stock Compensation

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( 51,507,749 )

Sale of Common Stock

Stock for Legal Services

Balances, March 31,

2023 (Unaudited)

$ ( 1,328,673 )

Ending balance,value

Balances, June 30, 2023 (Unaudited)

$ ( 1,551,101 )

dividends were paid for the three months ended March 31, 2023 and 2022.

dividends were paid for the six months ended June 30, 2023 and 2022.

accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

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of the State of Delaware on April 29, 2022 to change its corporate name to Bitech Technologies Corporation.

We have refocused our business development plans as we seek to position

ourselves as a global technology solution enabler dedicated to providing a suite of green energy solutions with industry focus on green

data centers, commercial and residential utility, EV infrastructure, and other renewable energy initiatives.

We plan to pursue these innovative

energy technologies through research and development, planned acquisitions of other green energy technologies and plans to become a grid-balancing

operator using Battery Energy Storage System (BESS) solutions and applying new green technologies in power plants as a technology enabler

in the green energy sector.

While participating in the clean energy economy, we are seeking business partnerships with defensible technology

innovators and renewable energy providers to facilitate investments, provide new market entries toward emerging-growth regions and implement

or manufacture these innovative, scalable energy system solutions with technological focuses on smart grids, Building Energy Management

System (BEMS), energy storage, and EV infrastructure.

In light of these initiatives and our determination

that the electric power generation and charging system we had been developing was not functional nor was it capable of being developed

into a commercially viable product, we elected to discontinue our efforts to commercialize this technology.

Company acquired Bitech Mining on March 31, 2022 (the “Closing Date”) through a share exchange pursuant to a Share

Exchange Agreement (the “Share Exchange Agreement”) by and among the Company, Bitech Mining, each of Bitech

Mining’s shareholders (each, a “Seller” and collectively, the “Sellers”), and Benjamin Tran, solely in

his capacity as Sellers’ Representative (“Sellers’ Representative”).

The transaction contemplated by the

Share Exchange Agreement is hereinafter referred to as the “Share Exchange”).

The Share Exchange Agreement provides that

the Company will acquire from the Sellers, an aggregate of 94,312,250

shares of Bitech Mining’s Common Stock, par value $ 0.001

per share, representing 100 %

of the issued and outstanding shares of Bitech Mining (collectively, the “Bitech Mining Shares”).

In consideration of

the Bitech Mining Shares, the Company issued to the Sellers an aggregate of 9,000,000

shares of the Company’s newly authorized Series A Convertible Preferred Stock, par value $ 0.001

per share (the “Series A Preferred Stock”).

Each Bitech Mining Share shall be entitled to receive 0.09543

shares of Series A Preferred Stock.

share of Series A Preferred Stock automatically converted into 53.975685 shares (an aggregate of 485,781,168) of the Company’s

Common Stock (the “Company Common Stock”) effective as of June 27, 2022 upon filing of an amendment to its Certificate

of Incorporation increasing the number of the Company’s authorized common stock to 1,000,000,000.

conversion of the Series A Preferred Stock, the Sellers held, in the aggregate, approximately 96 %

of the issued and outstanding shares of Company capital stock on a fully diluted basis.

have refocused our business development plans as we seek to position ourselves as a global technology solution enabler dedicated to providing

a suite of green energy solutions with industry focus on green data centers, commercial and residential utility, EV infrastructure, and

other renewable energy initiatives.

We plan to pursue these innovative energy technologies through research and development, planned

acquisitions of other green energy technologies and plans to become a grid-balancing operator using Battery Energy Storage System (BESS)

solutions and applying new green technologies in power plants as a technology enabler in the green energy sector.

While participating

in the clean energy economy, we are seeking business partnerships with defensible technology innovators and renewable energy providers

to facilitate investments, provide new market entries toward emerging-growth regions and implement or manufacture these innovative, scalable

energy system solutions with technological focuses on smart grids, Building Energy Management System (BEMS), energy storage, and EV infrastructure.

In light of these initiatives and our determination that the electric power generation and charging

system we had been developing was not functional nor was it capable of being developed into a commercially viable product, we elected

to discontinue our efforts to commercialize this technology.

Company acquired Bitech Mining on March 31, 2022 (the “Closing Date”) through a share exchange pursuant to a Share Exchange

Agreement (the “Share Exchange Agreement”) by and among the Company, Bitech Mining, each of Bitech Mining’s shareholders

(each, a “Seller” and collectively, the “Sellers”), and Benjamin Tran, solely in his capacity as Sellers’

Representative (“Sellers’ Representative”).

The transaction contemplated by the Share Exchange Agreement is hereinafter

referred to as the “Share Exchange”).

The Share Exchange Agreement provides that the Company will acquire from the Sellers,

an aggregate of 94,312,250 shares of Bitech Mining’s Common Stock, par value $ 0.001 per share, representing 100 % of the issued

and outstanding shares of Bitech Mining (collectively, the “Bitech Mining Shares”).

In consideration of the Bitech Mining

Shares, the Company issued to the Sellers an aggregate of 9,000,000 shares of the Company’s newly authorized Series A Convertible

Preferred Stock, par value $ 0.001 per share (the “Series A Preferred Stock”).

Each Bitech Mining Share shall be entitled

to receive 0.09543 shares of Series A Preferred Stock.

Each share of Series A Preferred Stock automatically converted into 53.975685

shares (an aggregate of 485,781,168) of the Company’s Common Stock (the “Company Common Stock”) effective as of June

27, 2022 upon filing of an amendment to its Certificate of Incorporation increasing the number of the Company’s authorized common

stock to 1,000,000,000.

Upon conversion of the Series A Preferred Stock, the Sellers held, in the aggregate, approximately 96 % of the

issued and outstanding shares of Company capital stock on a fully diluted basis.

Share Exchange was treated as a recapitalization and reverse acquisition for financial reporting purposes, and Bitech Mining is considered

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opinion of management, all adjustments, including normal recurring adjustments necessary to present fairly our financial position with

respect to the interim condensed consolidated financial statements and the results of its operations for the interim period ended March

respect to the interim condensed consolidated financial statements and the results of its operations for the interim period ended June

30, 2023, have been included.

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to fully realize amounts billed for services.

We have no accounts receivable to warrant any allowance at March 31, 2023 or December 31,

We have no accounts receivable to warrant any allowance at June 30, 2023 or December 31,

TECHNOLOGIES CORPORATION

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fair-value of stock-based awards.

During the three months ended March 31, 2023 and 2022, we recognized $ 64,000 and $ 0 , respectively as

During the six months ended June 30, 2023 and 2022, we recognized $ 102,600 and $ 0 , respectively as

compensation expense during those periods.

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and diluted net loss per common share is presented in accordance with ASC Topic 260, “Earnings per Share,” for all periods

During the three months ended March 31, 2023 and 2022, common stock equivalents from outstanding stock options and warrants

have been excluded from the calculation of the diluted loss per share in the consolidated statements of operations, because all such

securities were anti-dilutive.

The net loss per share is calculated by dividing the net loss by the weighted average number of shares

outstanding during the periods.

During the six months ended June 30, 2023 and 2022, common stock equivalents from outstanding stock options and warrants have

been excluded from the calculation of the diluted loss per share in the consolidated statements of operations, because all such securities

were anti-dilutive.

The net loss per share is calculated by dividing the net loss by the weighted average number of shares outstanding

during the periods.

Accounting Pronouncements Not Yet Adopted

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STOCKHOLDERS’ EQUITY

total number of authorized shares of our common stock was 1,000,000,000 shares at March 31, 2023.

total number of authorized shares of our common stock was 1,000,000,000 shares at June 30, 2023.

January 19, 2021, our stockholders approved the filing of an amendment to our certificate of incorporation authorizing 10,000,000 shares

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with the respective amounts that would be payable on such shares if all amounts payable thereon were paid in full.

March 31, 2022, we issued 9,000,000

shares of Series A Preferred Stock in exchange

for 94,312,250

shares of Bitech Mining’s Common Stock,

par value $ 0.001

per share, representing 100 %

of the issued and outstanding shares of Bitech Mining.

Each share of Series A Preferred Stock automatically converted into 53.975685

shares (an aggregate of 485,781,168) of the Company’s Common Stock effective as of June 27, 2022 upon filing of an amendment to

its Certificate of Incorporation increasing the number of the authorized shares of Common Stock to 1,000,000,000 .

In connection

with the settlement of litigation involving the Company, Calvin Cao (“C.

Cao”) and SuperGreen Energy Corporation (“SuperGreen,”

together with C.

Cao Parties”), the Company canceled 51,507,749 shares of its Common Stock effective February

20, 2023 (the “Cancelled Shares”).

The Cancelled Shares had been issued to SuperGreen pursuant to a License Agreement entered

into between Bitech Mining and SuperGreen dated January 15, 2021 as amended on January 15, 2021 and on March 26, 2022 (the “License

March 31, 2022, we issued 9,000,000 shares of Series A Preferred Stock in exchange for 94,312,250 shares of Bitech Mining’s Common

Stock, par value $ 0.001 per share, representing 100 % of the issued and outstanding shares of Bitech Mining.

Each share of Series A Preferred

Stock automatically converted into 53.975685 shares (an aggregate of 485,781,168) of the Company’s Common Stock effective as of

June 27, 2022 upon filing of an amendment to its Certificate of Incorporation increasing the number of the authorized shares of Common

Stock to 1,000,000,000 .

connection with the settlement of litigation involving the Company, Calvin Cao (“C.

Cao”) and SuperGreen Energy Corporation

(“SuperGreen,” together with C.

Cao Parties”), the Company canceled 51,507,749 shares of its Common

Stock effective February 20, 2023 (the “Cancelled Shares”).

The Cancelled Shares had been issued to SuperGreen pursuant to

a License Agreement entered into between Bitech Mining and SuperGreen dated January 15, 2021 as amended on January 15, 2021 and on March

26, 2022 (the “License Agreement”).

The License Agreement was terminated effective February 20, 2023 as well.

31, 2023, the Company agreed to issue 528,104

of March 31, 2023, the Company agreed to issue 528,104

shares of its Common Stock to its legal counsel as partial payment for legal services.

The shares were valued at $ 15,844 (equal

to the fair market value of the common stock as of March 31, 2023).

The shares were valued at $ 15,844

(equal to the fair market value of the common stock as of March 31, 2023) and were issued during the three months ended June 30, 2023.

also issued its Common Stock to its legal counsel as partial payment for legal services.

The Company issued 146,075 and 259,617 shares

valued at $ 4,382 and $ 7,789 , respectively during May and June 2023.

April, May and June , 2023, the Company sold 11,250,000 unregistered shares of its Common Stock

to six private investors in exchange for $ 225,000 ($ 0.02 per share).

ACQUISITION OF BITECH MINING

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management discussion and analysis (“MD&A”) of the financial condition and results of operations of Bitech Technologies

Corporation (the “Company,” “Bitech Technologies,” “our” or “we”) is for the three months

ended March 31, 2023 and 2022.

Corporation (the “Company,” “Bitech Technologies,” “our” or “we”) is for the six months

ended June 30, 2023 and 2022.

It is supplemental to, and should be read in conjunction with, our condensed consolidated financial statements

for the three months ended March 31, 2023 and 2022 and the accompanying notes for such period included in our Current Report on Form

8-K filed with the Securities and Exchange Commission, or SEC, on April 4, 2022.

Our financial statements are prepared in accordance

with accounting principles generally accepted in the United States of America (“GAAP”).

Financial information presented in

this MD&A is presented in United States dollars (“$” or “US$”), unless otherwise indicated.

for the six months ended June 30, 2023 and 2022 and the accompanying notes for such period included in our Current Report on Form 8-K

filed with the Securities and Exchange Commission, or SEC, on April 4, 2022.

Our financial statements are prepared in accordance with

accounting principles generally accepted in the United States of America (“GAAP”).

Financial information presented in this

MD&A is presented in United States dollars (“$” or “US$”), unless otherwise indicated.

information about us provided in this MD&A, including information incorporated by reference, may contain “forward-looking statements”

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in computer systems and accelerate their computational speed due to the currently unfavorable market conditions within the cryptocurrency

The Company acquired Bitech Mining on March 31, 2022 pursuant to a Share

Exchange Agreement.

Pursuant to the Share Exchange Agreement we acquired an aggregate of 94,312,250 shares of Bitech Mining’s Common

Stock representing 100% of the issued and outstanding shares of Bitech Mining in exchange for an aggregate of 9,000,000 shares of the

Company’s newly authorized Series A Convertible Preferred Stock.

Effective June 27, 2022, each share of Series A Preferred Stock

automatically converted into 53.975685 shares (an aggregate of 485,781,168) of the Company’s Common Stock upon filing of an amendment

to its Certificate of Incorporation increasing the number of the Company’s authorized common stock to 1,000,000,000.

Upon conversion

of the Series A Preferred Stock, the Sellers held, in the aggregate, approximately 96% of the issued and outstanding shares of Company

capital stock on a fully diluted basis.

Viet Green Energy JSC Financing Initiative

May 8, 2023 we announced that we received a Letter of Intent (LOI) from Nam Viet Green Energy JSC, (“Nam Viet Energy”), a

Vietnam partner to provide up to $300 million in financing for selected projects related to solar and Battery Energy Storage System (BESS)

to Nam Viet Energy’s completion of due diligence for each renewable energy sector project and execution of definitive agreements

with prospective target companies, the LOI formalizes Nam Viet Energy’s commitment to facilitate capital investment to invest or

acquire several selected projects to be hand-picked by the Company.

Also, the LOI is also expected to position the Company to accelerate

its refocused business initiatives discussed above.

Funding under any investment from Nam Viet Energy and its capital partners from Southeast

Asia is expected to occur within fiscal year 2023 with extension to fiscal year 2024.

Establishment

of an Energy Storage System (ESS) Sales Division

June 2023, the Company announced its strategic entry into the battery sales business with plans to establish an Energy Storage System

(ESS) sales division.

With a focus on Containerized Battery Energy Storage Systems (BESS) and Residential, Commercial, and Industrial

ESS, Bitech aims to meet the soaring demand for ESS in the United States.

The Company’s vision is to add long-duration energy storage

systems that reduce energy costs, enhance resilience, and unlock additional revenue opportunities.

These solutions will be designed to

manage demand changes, maximize solar or BESS investments, enhance energy security, capture market opportunities, and support corporate

environmental, social, and corporate ESG targets.

ESS sales division will be headed by Charles Rosenberry, the Company’s Vice President of Sales.

Rosenberry plans to build a unified

technical salesforce and forge strategic partnerships across multiple states in the United States in order to enable us to deliver technologically

advanced energy storage products, flexible payment terms, and customized solutions to a wide range of customers, including retail and

home sales, EV charging providers, home builders, residential EPCs, renewable utilities, data centers, telecom, mobility, and heavy energy

demand consumers.

of Bitech Mining Corporation

Company acquired Bitech Mining on March 31, 2022 pursuant to a Share Exchange Agreement.

Pursuant to the Share Exchange Agreement we

acquired an aggregate of 94,312,250 shares of Bitech Mining’s Common Stock representing 100% of the issued and outstanding shares

of Bitech Mining in exchange for an aggregate of 9,000,000 shares of the Company’s newly authorized Series A Convertible Preferred

Effective June 27, 2022, each share of Series A Preferred Stock automatically converted into 53.975685 shares (an aggregate of

485,781,168) of the Company’s Common Stock upon filing of an amendment to its Certificate of Incorporation increasing the number

of the Company’s authorized common stock to 1,000,000,000.

Upon conversion of the Series A Preferred Stock, the Sellers held, in

the aggregate, approximately 96% of the issued and outstanding shares of Company capital stock on a fully diluted basis.

Share Exchange was treated as a recapitalization and reverse acquisition for financial reporting purposes, and Bitech Mining is considered

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See “Item 1 - Business – Acquisition

of Bitech Mining Corporation.”

of Bitech Mining Corporation” in our Form 10-K filed with the SEC on March 31, 2023.

of Quad Video Assets.

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Receivable APA.

See “Item 1 - Business – Disposition of Quad Video Assets.”

See “Item 1 - Business – Disposition of Quad Video Assets” in our Form 10-K filed with the SEC on March 31, 2023.

to March 31, 2022, we were engaged in the business of owning, developing and leasing the Quad Video Halo video recording system (“QVH”)

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On June 30, 2022, we sold the assets related to the QVH Business.

of the three month period ended March 31, 2023 with the three month period ended March 31, 2022.

Company has not generated any revenues from its primary business for the three months ended March 31, 2023 and March 31, 2022.

the three months ended March 31, 2023, we incurred $239,079 of general and administrative expenses compared to $229,162 for the same

period in 2022.

General and administrative expenses have been mostly consistent during 2023 compared to 2022 as the Company moves from

development stage to revenue generation.

a result of the foregoing, we had net loss of ($232,079) which included $7,000 other income to offset the general and administrative

expenses for the three months ended March 31, 2023, compared to a net loss of ($229,162) for the three months ended March 31, 2022.

of the three and six month period ended June 30, 2023 with the three and six month period ended June 30, 2022.

Company has not generated any revenues from its primary business for the three and six months ended June 30, 2023 and $26,197 from

legacy QVH Business for the three and six months ended June 30, 2022.

the three and six months ended June 30, 2023, we incurred $222,429 and $461,507 of general and administrative expenses,

respectively, compared to $337,688 and $566,749 for the same periods in 2022.

General and administrative expenses have been mostly

consistent during 2023 compared to 2022 as the Company moves from development stage to revenue generation.

a result of the foregoing, we had net loss of (222,429) and ($454,507) for the three and six months ended June 30, 2023,

respectively, compared to a net loss of (261,116) and ($490,277) which included an offset of $26,197 Other Revenue and $50,275 Net Other Income

for the three and six months ended June 30, 2022, respectively.

calculation of Working Capital provides additional information and is not defined under GAAP.

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and Capital Resources

of March 31, 2023 and December 31, 2022, we had total current liabilities of $26,062 and $19,067, respectively, and current assets of

of June 30, 2023 and December 31, 2022, we had total current liabilities of $2,379 and $11,397, respectively, and current assets of $162,046

and $210,723, respectively, to meet our current obligations.

As of March 31, 2023, we had working capital of $47,091, a decrease

of working capital of $191,656 as compared to December 31, 2022, driven primarily by cash used in operations.

the three months ended March 31, 2023, cash used in operations was ($136,570)

which primarily included the net loss of ($232,079) primarily offset by $64,000 of non-cash option valuation recorded as stock compensation.

We have a history of operating losses.

yet achieved profitable operations and expect to incur further losses.

We have funded our operations primarily from equity financing.

As of March 31, 2023, cash generated from financing activities was not sufficient to fund our growth strategy in the short-term or long-term.

The primary need for liquidity is to fund working capital requirements of the business, including operational expenses in

connection with our efforts to become a provider of a suite of green energy solutions.

The primary source of liquidity has primarily

been private financing transactions.

The ability to fund operations, to make planned capital expenditures, to execute on the development

and commercialization of the Evirontek Integrated Platform depends on our ability to raise funds from debt and/or equity financing which

is subject to prevailing economic conditions and financial, business and other factors, some of which are beyond our control.

be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially

reasonable terms.

On May 8, 2023, we announced that we entered into

a letter of intent with Nam Viet Green Energy JSC, (“Nam Viet Energy”), a Vietnam partner to provide up to $300 million in

financing for selected projects related to solar and Battery Energy Storage System (BESS) projects.

Funding pursuant to this letter of

intent is subject to Nam Viet Energy’s completion of due diligence for each renewable energy sector project and execution of definitive

agreements with prospective target companies.

The funding under any investment from Nam Viet Energy and its capital partners from Southeast

Asia is expected to occur within fiscal year 2023 with extension to fiscal year 2024.

As of June 30, 2023, we had working capital of $159,667, a decrease of working

capital of $39,659 as compared to December 31, 2022, driven primarily by cash used in operations but offset by $225,000 of cash provided

by sale of common stock.

the six months ended June 30, 2023, cash used in operations was ($271,677) which primarily included the net loss of ($454,507) primarily

offset by $102,600 of non-cash option valuation recorded as stock compensation and legal fees paid with common stock of $87,248.

cash provided by financing activities was $225,000 what was a result of our sale of 11,250,000 unregistered shares of our Common Stock

to six private investors in exchange for $225,000 ($0.02 per share) in cash.

have a history of operating losses.

We have not yet achieved profitable operations and expect to incur further losses.

We have funded

our operations primarily from equity financing.

As of June 30, 2023, cash generated from financing activities was not sufficient to fund

our growth strategy in the short-term or long-term.

The primary need for liquidity is to fund working capital requirements of the business,

including operational expenses in connection with our efforts to become a provider of a suite of

green energy solutions.

The primary source of liquidity has primarily been private financing transactions.

The ability to fund

operations and our growth strategy

depends on our ability to raise funds from debt and/or equity financing which is subject to prevailing economic conditions and financial,

business and other factors, some of which are beyond our control.

There can be no assurance that additional financing will be available

to us when needed or, if available, that it can be obtained on commercially reasonable terms.

May 8, 2023, we announced that we received a Letter of Intent (LOI) from Nam Viet to provide up to $300 million in financing for

selected projects related to solar and Battery Energy Storage System (BESS) projects as discussed above.

While we believe that we

will be able to secure funding for future projects from Nam Viet pursuant to the LOI, there can be no assurance that Nam Viet

will provide such additional financing to us when needed or, if available, that it can be obtained on commercially reasonable terms.

Sheet Arrangements

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in or Adoption of Accounting Practices

were no material changes in or adoption of new accounting practices during the three months ended March 31, 2023.

were no material changes in or adoption of new accounting practices during the six months ended June 30, 2023.

Accounting Policies

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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements