The boilerplate moved. Find out where—and how.
Upload consecutive 10-Ks and Bearly maps new, removed, and rewritten Item 1A risks while separating source changes from interpretation.
What it actually does
Useful before impressive.
Risk factors repeat by design, which makes the changed sentence disproportionately useful. New examples, stronger probability language, a vanished mitigation, or a risk moving from hypothetical to experienced can matter more than an added page.
Bearly creates a source-cited change map rather than a sentiment score. Continue into the MD&A, compare management's call language, inspect a competitor's filing, or build a monitoring memo around the risks that actually moved.
Worked example
The shape of a good result.
Every result follows the material you provide. This example shows the level of specificity Bearly is aiming for.
Filing pair + thesis
Compare FY2025 with FY2026. Track AI infrastructure constraints, customer concentration, export controls, and language changing from ‘may’ to an experienced event.
Risk-factor change map
New risk
Current Item 1A adds a standalone export-control risk; the prior filing mentioned regulation only within international operations.
Experienced event
Supply constraints change from ‘could delay deployment’ to ‘have delayed certain customer installations.’
Mitigation removed
The prior reference to dual-sourcing is absent from the rewritten infrastructure paragraph.
Interpretation
The disclosure becomes more specific and less hypothetical, but the filing does not quantify financial impact.
How it works
Three moves. One conversation.
- 01
Upload both filed reports
Complete documents preserve section boundaries and related disclosures.
- 02
Map exact disclosure change
Bearly finds additions, removals, rewrites, and changed specificity.
- 03
Test the interpretation
Inspect MD&A, earnings calls, peers, or current sources around the changed risk.
Keep going
The result is not a dead end.
- Compare risk language with the latest earnings call.
- Run the same analysis across competitors.
- Build a cited monitoring memo for materially changed disclosures.
Worth knowing
No magic tricks.
- This is research assistance, not investment or legal advice.
- Check quotations and page references against the filed source.
- A disclosure change does not by itself establish a change in likelihood or financial impact.
Other ways in
More tools, same workspace.
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Open toolCitation checker
Bearly checks three different questions that citation tools often blur together: is it real, is it cited correctly, and does it say what the draft claims?
Open toolReady when you are
The boilerplate moved. Find out where—and how.
Start the focused job now. The rest of Bearly will be there when the job becomes something larger.