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Use case

Compare 10-K risk factors year over year

Comparing 10-K risk factors year over year means diffing the Item 1A section against the prior year to see what management added, removed, or quietly reworded. The change carries more information than the text itself. Cutonce runs that diff across a whole watchlist and flags the material additions and escalations.

The short answer

Comparing 10-K risk factors year over year means diffing the Item 1A section against the prior year to see what management added, removed, or quietly reworded. The change carries more information than the text itself. Cutonce runs that diff across a whole watchlist and flags the material additions and escalations.

The pipeline

Trigger on new 10-KFilings source - watchlistAI node - diff Item 1A vs prior yearFilter - keep new or escalated risks

How to build it

  1. 1
    Pair each 10-K with the prior year's filing

    Match on company and fiscal year so the diff compares like with like.

  2. 2
    Diff the risk-factor section

    An AI node identifies added, removed, and reworded risk factors rather than rereading the whole Item 1A.

  3. 3
    Keep only material changes

    Filter out boilerplate reordering so you see genuine new or escalated risks.

  4. 4
    Deliver the changes with the passages

    Each flagged company arrives with the specific language that changed, ready to read.

What you get

An email digest per filing season: each watchlist name with its new, removed, and reworded risk factors quoted in full.

Frequently asked

How do I compare a company's 10-K risk factors across years? Pair the two filings, diff the Item 1A section, and keep the changes. Cutonce automates that pairing and diff across your whole watchlist so you read only what moved.

Why is the change more useful than the text? Every 10-K lists many risks; the ones a company newly added or escalated under a liability standard are the ones worth your attention.

Can it run across a watchlist, not one name? Yes - that is the point. The pipeline runs the diff over every name and concentrates your reading on the handful with real changes.

Related reading
How to compare 10-K risk factors year over yearHow to screen a 10-K for red flags

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