A form 10-Q is a quarterly report by all public companies in the United States. U.S. Securities and Exchange Commission requires it each quarter. It contains an overview of a company’s performance but is less detailed information than form 10-K.
Form 10-Q content
The 10-Q form report contains interim financial statements and related disclosures. Typically, the financial statement is unaudited.
Form 10-Q consists of two main parts. In the first part, the company presents financial information for the quarter and the previous quarter and last year’s quarter. Its components include concise financial statements, management discussion, and analysis of the entity’s financial condition, market risk disclosures, and internal controls.
The second part covers all other relevant information, including legal proceedings, sale of unregistered equity securities, use of proceeds from the sale of unregistered equity, and so on.
