The Buried
Footnote Forensic Linguistics Analysis
on Corporate Disclosure Documents
Year-over-Year Drift CVE
← Back

Certainty language minus hedging language in Risk Factors. Positive = assertive, negative = hedging-heavy.

Not enough filings yet to chart a trajectory. The EKG fills in as more filings are ingested for this issuer.

Risk-factor drift item_1a vs prior same-form filing, cosine similarity

  • 40-F 2026-02-19 vs 2025-02-20 97.9% boilerplate
  • 40-F 2025-02-20 vs 2024-02-15 97.6% boilerplate
  • 40-F 2024-02-15 vs 2023-02-16 99.0% boilerplate
  • 40-F 2023-02-16 vs 2022-02-08 98.3% boilerplate

Balance-sheet trends inventory, receivables, reserves & impairment vs prior year

  • Receivables building faster than sales FY 2025-12-31
    receivables +31% vs revenue -8% · DSO 17.6→25.2 days