Certainty language minus hedging language in Risk Factors. Positive = assertive, negative = hedging-heavy.
From 2022-02-28 (10-K) to 2026-03-27 (10-K), this metric increased across 5 filings.
Risk-factor drift item_1a vs prior same-form filing, cosine similarity
- 10-K 2026-03-27 vs 2025-03-26 98.8% boilerplate
- 10-K 2025-03-26 vs 2024-03-29 99.6% boilerplate
- 10-K 2024-03-29 vs 2023-03-29 99.7% boilerplate
- 10-K 2023-03-29 vs 2022-02-28 99.0% boilerplate
Filing-timing anomalies filing lag vs the issuer's historical cadence
- 10-K 2024-03-29 filed 89d after period end vs a 73.5d average (2 prior filings) +15.5d
Auditor’s report opinion, going-concern & control flags, critical audit matters
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10-K 2026-03-27 unqualified
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10-K 2025-03-26 unqualified
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10-K 2024-03-29 unqualified
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10-K 2023-03-29 unqualified
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10-K 2022-02-28 unqualified
Balance-sheet language forensic risk vocabulary shifting in MD&A / financials vs prior year
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Impairment risk languagedensity 0.45→0.23 / 10k chars (5→5 mentions) · new: impairment, impaired
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Receivables risk languagedensity 0.93→3.58 / 10k chars (9→40 mentions) · new: uncollectible, bad debt, aging of, collectability
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Inventory risk languagedensity 0.62→0.72 / 10k chars (6→8 mentions) · new: obsolescence, inventory reserve
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Receivables risk languagedensity 0.1→0.96 / 10k chars (1→11 mentions) · new: credit loss, expected credit loss
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Inventory risk languagedensity 0.3→0.7 / 10k chars (3→8 mentions) · new: obsolete, net realizable value, lower of cost
Revenue-recognition drift rev-rec policy language change vs prior filing
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10-K 2026-03-27 78% similar to prior accounting-standard adoption
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10-K 2025-03-26 74% similar to prior accounting-standard adoption+ Standalone Selling Price − Point IN TIME
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10-K 2023-03-29 71% similar to prior accounting-standard adoption+ Point IN TIME − Contract Liabilities− Standalone Selling Price