Get notified when JFB files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsStanding Risk Factors
- Disclosure Controls Not Effective (unchanged) — Filing states that management concluded the company's disclosure controls and procedures were not effective. The same conclusion appeared in the baseline filing.
JFB: revenue $12.7M, net income -$3.3M. JFB amends Q1 10-Q to disclose reduction in merger closing-cash requirement
Filed July 16, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 14, 2026 · ~1 min read
Key Financials
SEC XBRLPeriod financials are unchanged from the original 10-Q (same period end Mar 31, 2026). This amendment updates disclosure only — see the diff below.
Key Changes
-
high
Merger agreement with XTEND amended in July 2026 to reduce closing-cash condition from $110M to $60M. Company plans to satisfy the requirement through warrant exercises aggregating ~$60M, with equity capital as backup.
MD&A: Merger closing-cash condition verify on EDGAR → -
low
Amendment corrects FDIC-excess cash balance disclosure to $7.8M as of July 16, 2026 (vs. $3.4M at March 31, 2026 in original filing). Underlying balance sheet unchanged.
Note 2: Concentration Risk verify on EDGAR →
This preview is just the start — the full report includes the narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
Want to see a complete report first? Today's free report (ESTC 10-Q) is open in full — no account needed.
Partner
Trade JFB commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jul 19, 2026 · How we verify