What changed in this filing

/stocks — the workspaceLOADING

Item 2. Management’s Discussion and Analysis

2024-11-07 compared with 2024-08-14 · 178 added, 174 removed, 453 unchanged (44% of the section changed)

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The Company holds 28 patents and patents pending in various phases of the patent

Our securities are currently traded on Nasdaq

Capital Market effective as of September 23, 2024.

Our Current Products Include:

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and quantum light meters and filtration products, including fan speed adjusters, carbon filters and HEPA filtration systems.

an effort to continually develop our product lines, we plan to phase out the traditional, lower-margin products, such as the first-generation

digital light meter, and are preparing to launch a new line of products

that have been in development for several years.

These newer technology products will be released in phases, and we intend that increasing

amounts of technology will be layered upon these products.

Additionally, we plan to continue to increase our efforts in protecting more

intellectual property and have continued to develop technologies for long-term growth.

We have developed products in both the controlled

agriculture industry and home automation industries, taking advantage of our existing relationships in both sectors.

In an effort to continually develop our product

lines, we plan to phase out the traditional, lower-margin products, such as the first-generation digital light meter, and are preparing

to launch a new line of products that have been in development for several years.

These newer technology products will be released in

phases, and we intend that increasing amounts of technology will be layered upon these products.

Additionally, we plan to continue to

increase our efforts in protecting more intellectual property and have continued to develop technologies for long-term growth.

developed products in both the controlled agriculture industry and home automation industries, taking advantage of our existing relationships

in both sectors.

We are building a U.S.-based sales team to market

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Our software machine auto design team has also

made significant progress during the last period.

Having the mathematical and graphical environments created, our team is focused on developing

the 3D-user interface machine auto design.

Our public reporting automation software is completed and currently undergoing extensive testing.

As reports on Forms 10-Q and 10-K are time-consuming, complex processes that require each company’s financial team to gather and

translate large amounts of data from multiple sources, the time and expertise required to complete the process is a substantial burden

for any company, large or small.

made significant progress during the nine months ending September 30, 2024.

Having the mathematical and graphical environments created,

our team is focused on developing the 3D-user interface machine auto design.

Our public reporting automation software is completed and

currently undergoing extensive testing.

As reports on Forms 10-Q and 10-K are time-consuming, complex processes that require each company’s

financial team to gather and translate large amounts of data from multiple sources, the time and expertise required to complete the process

is a substantial burden for any company, large or small.

Meanwhile, SEC reporting deadlines are firm and inflexible.

This conflict can interfere with other reporting

and internal timelines and leave teams time-strapped and scrambling for the resources needed to meet any reporting requirements.

developed a Microsoft®-based add-on software that aims to streamline and automate the SEC reporting preparation process.

the software will significantly simplify the Form 10-Q and Form 10-K preparation processes and make creating, editing and managing documents

both simple and accurate.

We are planning to commercialize this software in the fourth quarter of 2024 or the first quarter of 2025.

cloud-based version of this software is also under the development.

Beyond IoT products, as a developer of a Natural

Integrated Programming Language (NIPL) derivative product (i.e., our software platform for interoperability within the IoT), we have developed

a complementary office automation software product.

This specific software was designed to assist in completing financial reports faster,

more accurately, and with greater ease of update, thereby eliminating the need for increased staffing especially in time sensitive projects.

It is designed to save CPAs, auditors, accounting, and/or legal a significant amount of time in the preparation of SEC financial reports

and other internal financial reporting.

Eighty percent of this software development has been completed and we hope to launch a beta version

of this product.

This conflict can

interfere with other reporting and internal timelines and leave teams time-strapped and scrambling for the resources needed to meet any

reporting requirements.

We have developed a Microsoft®-based add-on software that aims to streamline and automate the SEC reporting

preparation process.

We believe the software will significantly simplify the Form 10-Q and Form 10-K preparation processes and make creating,

editing and managing documents both simple and accurate.

We are planning to commercialize this software in the fourth quarter of 2024

or the first quarter of 2025.

A cloud-based version of this software is also under the development.

Beyond IoT products, our R&D software team

has developed a derivative product (i.e., our software platform for interoperability within the IoT), we have developed a complementary

office automation software product.

This specific software was designed to assist in completing financial reports faster, more accurately,

and with greater ease of update, thereby eliminating the need for increased staffing especially in time sensitive projects.

It is designed

to save CPAs, auditors, accounting, and/or legal a significant amount of time in the preparation of SEC financial reports and other internal

financial reporting.

Eighty percent of this software development has been completed and we hope to launch a beta version of this product.

Fan speed adjuster device .

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It is designed to measure up to 10,000 µmol.

For a description of our products and services

offering, please refer to Item 1.

“Business” beginning on page 1 of our Annual Report on Form 10-K for the fiscal year ending

December 31, 2023, filed with the Securities and Exchange Commission on April 1, 2024.

Ubiquitor Wireless Universal Sensor Device

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Our products allow future integration of our core platform technologies, such as the LED digital displays, the Ubiquitor, PTZ Dome Cameras and VOIP Phone Systems, allowing for pinch, zoom, scrolling, and videoconferencing within the touch screen format.

Pan Tilt Zoom (PTZ) Dome Cameras and Network Video Recorders (NVRs).

Dome security cameras are easily recognizable for their circular, dome encasing.

Smart AVX-branded dome surveillance cameras are highly versatile and can be used in both indoor and outdoor environments, providing wide coverage for nearly any use condition.

Smart AVX-branded dome security cameras have a vandal-proof dome casing, an infrared camera for night vision capabilities, and a sturdy metal base to protect against damage or tampering, making the cameras an integrated solution for reliable surveillance in many use conditions.

The cameras are PTZ, meaning that they are built with mechanical parts that allow for swiveling left to right, tilting up and down, and zooming in and out of a scene.

They’re typically used to monitor wide open areas requiring a 180- or 360-degree view and are often deployed in guard stations where personnel can operate them through a remote controller.

Depending on the camera or software, they can also be set to automatically follow motion-triggered activity to a pre-set schedule.

PTZ cameras are generally implemented in tandem with a large surveillance system, in which the PTZ tracks movement while a fixed camera takes detailed shots.

VOIP Phone Services.

Voice over Internet Protocol (VoIP), also called IP telephony, is a method and group of technologies for voice calls for the delivery of voice communication sessions over Internet Protocol (IP) networks, such as the Internet.

The Company plans to provide daily use VOIP services in an integrated fashion to the existing commercial customer base, allowing for extensive usage in small business, commercial applications such as dental offices and other business scenarios.

Lusher Corporate Services, One Touch Financial

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regarding these new developments.

IoT Installation Services under AVX (Residential)

and AT Tech Systems (Commercial and Industrial)

Smart Home IoT Installations.

Beyond standard doorbells and thermostats, we, through our AVX subsidiary, provide customized and high-end IoT Smart home solutions to upgrade the standard home to an integrated home platform.

AVX utilizes its existing tech-savvy installation staff to integrate the Smart AVX line of IoT products for a customized home solution with designed smart home services.

AVX meets client safety concerns and meshes modern convenience for a complete solution for homeowners to easily control their homes’ digital input and output points with wired, integrated systems throughout the installation.

PTZ dome cameras give wide view home security through the network providing the views of four cameras within the installation space of a single camera.

LED digital displays and large format multimedia touch screens provide state-of-the art output displays for eye catching and high-end centerpieces for homeowners.

With the suite of Smart AVX home devices and the AVX professional installation team, design and customized creation within a high-end home system can be standard for the customer base.

These installations include integration of home VOIP phone systems, network and computer system integration, multimedia display systems, door access control systems, voice and data cabling, security alarm systems, PC upgrade and software installations, home audio-visual control center design and installation and systems integration, home security data backup systems, home network design and installation, HDTV signal and reception boost, and multi-room audio and ambient music phone systems.

Smart Commercial and Industrial Installations.

We through the acquired AT Tech Systems company brand also design and build IoT technologies to fit unique business requirements.

Utilizing the aforementioned IoT product solutions within the designed platform for a business system, AT Tech Systems provides IoT installations and integrations for industries including security and surveillance, smart commercial and industrial, healthcare, broadcast media and entertainment, manufacturing, food retail, and industrial warehousing.

AT Tech Systems design and installation experts have decades of hands-on experience in integrated systems of smart sensor devices, IoT data management platforms, client applications and analytics for complete end-to-end IoT commercial solutions.

AT Tech Systems excels in the area of IoT interoperability, utilizing the Smart AVX-branded products such as the LED digital displays, large format multimedia Smart touch screens, PTZ dome Cameras, and VOIP phone systems.

These installations include integration of the commercial grade phone fax and extension VOIP systems, networking and computer system integration for commercial application, multimedia and conferencing display systems, industrial office and commercial access control systems, voice and data cabling, security and surveillance perimeter alarm systems, PC upgrade and software installations, office and commercial control center design and installation systems, automatic data backup systems, server design and installation, HDTV signal and reception boost, ambient client music systems, and multi-room and facility audio phone systems.

Research and Development Efforts of Power Line

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“Electronic Lock and Method of Operation” will issue on November 21, 2023, as U.S.

The company has

begun to file omnibus patents to combine certain patents under a unified central patent.

We have identified several competitors specifically

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Results of Operations

For the three months ended June 30, 2024 compared to the three

months ended June 30, 2023

For the three months ended September 30, 2024 compared to the

three months ended September 30, 2023

Revenue, cost of revenue and gross profit

For the three

June 30, 2024

September 30,

For the three

June 30, 2023

September 30,

Cost of revenue

Gross Profit (Loss)

Our consolidated gross revenue for the three months

ended June 30, 2024 and 2023 was $19,753 and $215,391, respectively.

Revenue for the three months ended June 30, 2024 decreased $195,638

due to a sales decrease from our IoT installation service due to a reduction in the number of projects in 2024.

Cost of revenue for the three months ended June

30, 2024 was $31,834, compared to $149,259 for the three months ended June 30, 2023.

In addition to the decrease in revenue, gross profit

(loss) decreased to $(12,081) compared to $66,132 three months ended June 30, 2024 and 2023, respectively.

This decrease in revenue was

also the result of the sales decrease from our IoT installation services and reduction in the number of active projects in 2024.

ended September 30, 2024 and 2023 was $74,215 and $71,854, respectively.

Cost of revenue for the three months ended September 30, 2024

was $42,530, compared to $44,386 for the three months ended September 30, 2023.

In addition to the increase in revenue and decrease cost

of revenue, gross profit increased to $31,685 compared to $27,468 for the three months ended September 30, 2024 and 2023, respectively.

The result is attributed to the Company selling more LED products this year compared to last year, with LED products yielding higher profit

margins than hydroponic products.

The major components of our cost and operating

expenses for the three months ended June 30, 2024 and 2023 are outlined in the table below:

expenses for the three months ended September 30, 2024 and 2023 are outlined in the table below:

For the three

June 30, 2024

September 30, 2024

For the three

June 30, 2023

September 30, 2023

Selling expense

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Total operating expenses

Selling expenses for the three months ended June

30, 2024 was $35,640, compared to $63,075 for the three months ended June 30, 2023.

Selling expense incurred was mainly from third party

Selling expenses for the three months ended September

30, 2024 were $30,936, compared to $25,193 for the three months ended September 30, 2023.

Selling expenses were mainly from third party

advertising fees and marketing related fees.

The decrease of selling expense was due to a decrease in advertising fees.

– officers and directors were $55,255 and $253,403 for the three months ended June 30, 2024 and 2023, respectively.

and development costs were $296,248 and $342,992 for the three months ended June 30, 2024 and 2023, respectively.

The increase in selling expenses was due to an increase in advertising fees.

Compensation – officers and directors were

$575,255 and $267,002 for the three months ended September 30, 2024 and 2023, respectively.

Research and development costs were $308,516 and

$305,872 for the three months ended September 30, 2024 and 2023, respectively.

Professional fees were $278,336 during the three

months ended June 30, 2024, compared to $116,565 during the three months ended June 30, 2023.

The increase in these professional fees

compared to the prior period was due to an increase in professional legal fees for prior employment litigation.

months ended September 30, 2024, compared to $132,914 during the three months ended September 30, 2023.

The increase in these professional

fees compared to the prior period was due to an increase in legal fees for employment litigation defense and SEC securities attorney legal

General and administrative expenses for the three

months ended June 30, 2024 was $625,492 compared to $361,583 during the three months ended June 30, 2023.

The increase of general and

administrative expenses was primarily due to an increase in the number of office employees in 2024.

months ended September 30, 2024 was $585,491 compared to $387,764 during the three months ended September 30, 2023.

The increase of general

and administrative expenses was primarily due to an increase in the number of office employees in 2024.

Other Income (expense)

Other income for the three months ended June 30,

2024 was $14,031, compared to $53,320 for the three months ended June 30, 2023.

The decrease was due to increased interest expense.

the three months ended June 30, 2024 and 2023, we incurred net losses of $1,365,106 and $1,018,166 respectively, due to the factors discussed

For the six months ended June 30, 2024 compared to the six months

ended June 30, 2023

Other income for the three months ended September

30, 2024 was $3,215,560, compared to $62,050 for the three months ended September 30, 2023.

The increase was due to gain on sale of the

Income (loss) from discontinued operations,

Income (loss) from discontinued operations, net

of tax was $(26,748) during the three months ended September 30,2024, compared to $61,194 during the three months ended September 30,2023.

The decrease was due to the discontinued operations of AT Tech Systems LLC in August 2024.

During the three months ended September 30, 2024

and 2023, we incurred net income (loss) of $1,441,927 and $(968,033) respectively, due to the factors discussed above.

For the nine months ended September 30, 2024 compared to the

nine months ended September 30, 2023

Revenue, cost of revenue and gross profit

Revenue in operating segments is primarily generated

from IoT product and IoT project construction and installation services.

The following tables summarize revenue from each segment.

For the Six Months Ended June 30, 2024

IoT Installation Services

Cost of revenue

Gross Profit (Loss)

For the Six Months Ended June 30, 2023

IoT Installation Services

Cost of revenue

June 30, 2024

June 30, 2023

September 30, 2024

September 30, 2023

Cost of revenue

Gross Profit (Loss)

Our consolidated gross revenue for the six months

ended June 30, 2024 and 2023 was $238,911 and $451,486, respectively.

Revenue for the six months ended June 30, 2024 decreased $212,575

due to a sales decrease from our IoT installation service due to a reduction in the number of projects in 2024.

Cost of revenue for the six months ended June

30, 2024 was $251,191, compared to $330,003 for the six months ended June 30, 2023.

In addition to the decrease in revenue, gross profit

(loss) decreased to $(12,280) compared to $121,483 six months ended June 30, 2024 and 2023, respectively.

Our consolidated gross revenue for the nine months

ended September 30, 2024 and 2023 was $264,954 and $238,803, respectively.

Cost of revenue for the nine months ended September 30, 2024

was $127,686, compared to $174,090 for the nine months ended September 30, 2023.

In addition to the increase in revenue and decrease cost

of revenue, gross profit increased to $137,268 compared to $64,713 nine months ended September 30, 2024 and 2023, respectively.

is attributed to the Company selling more LED products this year compared to last year, with LED products yielding higher profit margins

than hydroponic products.

The major components of our cost and operating

expenses for the six months ended June 30, 2024 and 2023 are outlined in the table below:

June 30, 2024

June 30, 2023

expenses for the nine months ended September 30, 2024 and 2023 are outlined in the table below:

September 30, 2024

September 30, 2023

Selling expense

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Total operating expenses

Selling expenses for the six months ended June

30, 2024 was $74,925, compared to $74,934 for the six months ended June 30, 2023.

Selling expenses for the nine months ended September

30, 2024 was $96,027, compared to $89,315 for the nine months ended September 30, 2023.

Compensation – officers and directors were

$112,048 and $560,937 for the six months ended June 30, 2024 and 2023, respectively.

$687,303 and $827,939 for the nine months ended September 30, 2024 and 2023, respectively.

Research and development costs were $948,041 and

$619,473 for the six months ended June 30, 2024 and 2023, respectively.

$925,345 for the nine months ended September 30, 2024 and 2023, respectively.

The increase was due to an increase in the number of research

and development patent fees.

Professional fees were $707,032 during the six

months ended June 30, 2024, compared to $373,964 during the six months ended June 30, 2023.

The increase in these professional fees compared

to the prior period was due to an increase in professional legal fees for prior employment litigation.

General and administrative expenses for the six

months ended June 30, 2024 was $1,153,137 compared to $804,635 during the six months ended June 30, 2023.

The increase of general and

administrative expenses was primarily due to an increase in the number of office employees in 2024.

Professional fees were $985,368 during the nine

months ended September 30, 2024, compared to $506,878 during the nine months ended September 30, 2023.

The increase in these professional

fees compared to the prior period was due to an increase in legal fees for employment litigation defense and SEC securities attorney legal

General and administrative expenses for the nine

months ended September 30, 2024 was $1,612,735 compared to $1,160,915 during the nine months ended September 30, 2023.

The increase of

general and administrative expenses was primarily due to an increase in the number of office employees in 2024.

Other Income (expense)

Other income for the six months ended June 30,

2024 was $18,244, compared to $180,051 for the six months ended June 30, 2023.

The decrease was due to increased interest expense during

During the six months ended June 30, 2024 and

2023, we incurred net losses of $2,680,703 and $2,132,409 respectively, due to the factors discussed above.

Other income for the nine months ended September

30, 2024 was $3,231,253, compared to $240,360 for the nine months ended September 30, 2023.

The increase was due to gain on sale of the

Income (loss) from discontinued operations,

Income (loss) from discontinued operations, net

of tax was $(277,823) during the nine months ended September 30,2024, compared to $104,877 during the nine months ended September 30,2023.

The decrease was due to the Company discontinued operations of AT Tech Systems LLC in August 2024.

During the nine months ended September 30, 2024

and 2023, we incurred net losses of $1,238,776 and $3,100,442 respectively, due to the factors discussed above.

Liquidity and Capital Resources

Working Capital

September 30,

Current Assets

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Working Capital

$ (3,009,412 )

The table below, for the periods indicated, provides

selected cash flow information:

For the six months ended June 30, 2024

For the six months ended June 30, 2023

For the nine months ended September 30, 2024

For the nine months ended September 30, 2023

Net cash used in operating activities

$ (2,603,545 )

$ (1,606,739 )

Net cash provided by (used in) investing activities

Net cash provided by investing activities

Net cash provided by (used in) financing activities

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Our net cash outflows from operating activities

of $1,721,946 for the six months ended June 30, 2024 was primarily the result of our net loss of $2,680,703 and changes in our operating

assets and liabilities offset by the add-back of non-cash expenses.

of $477,195 for the nine months ended September 30, 2024 was primarily the result of our net loss of $898,776 and changes in our operating

assets and liabilities offset by the add-back of non-cash expenses, and operating activities from discontinued operations.

Our net cash outflows from operating activities

of $1,606,739 for the six months ended June 30, 2023 was primarily the result of our net loss of $2,132,409 and changes in our operating

assets and liabilities offset by the add-back of non-cash expenses.

of $2,603,545 for the nine months ended September 30, 2023 was primarily the result of our net loss of $3,100,442 and changes in our operating

assets and liabilities offset by the add-back of non-cash expenses, and operating activities from discontinued operations.

We expect that cash flows from operating activities

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Cash Flows from Investing Activities

For the six months ended June 30, 2024 we had

cash outflow from investing activities of $9,743 from the purchase of property and equipment.

For the six months ended June 30, 2023,

we had cash inflow from investing activities of $40,889.

That was primarily the result from the purchase of property and equipment of

$17,203, purchase of marketable securities of $43,644, and proceeds from sales of marketable securities of $101,736.

For the nine months ended September 30, 2024 we

had cash inflow from investing activities of $3,950,852 from the purchase of property and equipment of $13,250 and proceeds from sale

of property of $3,964,102.

For the nine months ended September 30, 2023, we had cash inflow from investing activities of $54,472.

was primarily the result from the purchase of property and equipment of $20,294, purchase of marketable securities of $144,907, and proceeds

from sales of marketable securities of $219,673.

Cash Flows from Financing Activities

For the six months ended June 30, 2024, we had

cash inflows of $1,326,000 due to proceeds from third party and related party loan amount of $1,451,000 and repayment on third party loan

amount of $125,000.

For the six months ended June 30, 2023, we had cash outflows of $1,420,686 due to purchase of treasury stock.

For the nine months ended September 30, 2024,

we had cash inflows of $1,451,000 due to proceeds from third party and related party loan amount of $1,451,000 and repayment on third

party and related party loan amount of $2,376,000, stock issued for placement agent of $1,086,000, and stock issued for private placement

of $1,290,000.

For the nine months ended September 30, 2023, we had cash outflows of $385,686 due to proceeds from related party loan

of $1,000,000 and purchase of treasury stock of $1,385,686.

Going Concern

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as a going concern for a period of one year from the date of the issuance of these condensed consolidated financial statements.

has a net loss of $2,680,703 and $2,132,409 for the six months ended June 30, 2024 and 2023, respectively.

In addition, the Company had

an accumulated deficit of $25,262,873 and $22,582,170 as of June 30, 2024 and December 31, 2023, respectively, and negative cash flow

from operating activities of $1,721,946 and $1,606,739 for the six months ended June 30, 2024 and 2023, respectively.

Substantial doubt

about the Company’s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate,

has a net loss of $1,238,776 and $3,100,442 for the nine months ended September 30, 2024 and 2023, respectively.

In addition, the Company

had an accumulated deficit of $23,820,946 and $22,582,170 as of September 30, 2024 and December 31, 2023, respectively, and negative cash

flow from operating activities of $3,658,901 and $2,603,545 for the nine months ended September 30, 2024 and 2023, respectively.

doubt about the Company’s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate,

indicate that it is probable that the Company will be unable to meet its obligations as they become due within one year from the financial

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ability to continue as a going concern.

At June 30, 2024, the Company had cash and cash

equivalents, and short-term investments, in the amount of $40,644.

The ability to continue as a going concern is dependent on the Company

attaining and maintaining profitable operations in the future and raising additional capital to meet its obligations and repay its liabilities

arising from normal business operations when they come due.

Since inception, the Company has funded its operations primarily through equity

and debt financings, and it expects to continue to rely on these sources of capital in the future.

In addition, subsequent to June 30,

At September 30, 2024, the Company had cash and cash equivalents, and

short-term investments, in the amount of $5,368,273.

The ability to continue as a going concern is dependent on the Company attaining

and maintaining profitable operations in the future and raising additional capital to meet its obligations and repay its liabilities arising

from normal business operations when they come due.

Since inception, the Company has funded its operations primarily through equity and

debt financings, and it expects to continue to rely on these sources of capital in the future.

In addition, before September 30, 2024,

the Company has sold its land and buildings which provided additional working capital to the Company.

No assurance can be given

that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company.

Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing, or

cause substantial dilution for our stockholders, in case of equity financing, or grant unfavorable terms in future licensing agreements.

For more information on the sale

of the land and buildings please see Note 5.

No assurance can be given that any future financing will be available or, if available, that

it will be on terms that are satisfactory to the Company.

Even if the Company is able to obtain additional financing, it may contain undue

restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stockholders, in case of equity financing,

or grant unfavorable terms in future licensing agreements.

Off-Balance Sheet Arrangements

As of June 30, 2024, we did not have any off-balance-sheet arrangements,

As of September 30, 2024, we did not have any off-balance-sheet arrangements,

as defined in Item 303(a)(4)(ii) of Regulation SK.

Critical Accounting Policies

The discussion and analysis of our financial condition

and results of operations are based upon our financial statements, which have been prepared in accordance with the accounting principles

generally accepted in the United States of America.

Preparing financial statements requires management to make estimates and assumptions

that affect the reported amounts of assets, liabilities, revenue, and expenses.

These estimates and assumptions are affected by management’s

application of accounting policies.

We believe that understanding the basis and nature of the estimates and assumptions involved with

the following aspects of our financial statements is critical to an understanding of our financial statements.

Use of Estimates

The preparation of financial statements in conformity

with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of

assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount

of revenues and expenses during the reporting period.

Actual results could differ from those estimates.

Recent Accounting Pronouncements

Our Company has implemented all new accounting

pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting

pronouncements that have been issued that might have a material impact on its financial position or results of operations.

QUANTITATIVE AND QUALITATIVE DISCLOSURES

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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 2. Management’s Discussion and Analysis