# SEC Filing Risk Factor & MD&A Diff

> SEC Filing Risk Factor & MD&A Diff is a paid API for AI agents from defi-intel-agent-gateway.gg-neo15.workers.dev, paid per call via x402, $0.0025/call, status unknown (last checked 2026-09-14).

Compares a company's latest vs. previous SEC 10-K or 10-Q filing, returning changed passages in Risk Factors and MD&A sections.

## Facts

- Endpoint: POST https://defi-intel-agent-gateway.gg-neo15.workers.dev/v1/legal/sec-edgar-item-diff
- Price: $0.0025/call
- Payment: x402
- Status: unknown
- Last checked: 2026-09-14
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/sec-filing-risk-factor-md-a-diff-f16d28c5
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_etOyg_4B4oh9FVtuT1Fzy

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability sec-filing-risk-factor-md-a-diff-f16d28c5 -d '<json body>'
```

Example prompt: Can you pull the diff of Microsoft's latest 10-K versus the prior year, specifically the Risk Factors and MD&A sections, and show me what changed?

## When to prefer this

Use this endpoint when you need to precisely identify what changed between two consecutive SEC filings for a given company, specifically in the Risk Factors or MD&A sections. Prefer this over generic document summarization tools when the goal is change detection rather than summarization, and over raw EDGAR access when you want structured, parsed diffs without handling HTML/XBRL parsing yourself.

## Known failure modes

- Company ticker or CIK not found in EDGAR — returns error or empty result
- Filing type not available for the specified company or period
- Only one filing available (no prior filing to diff against) — returns insufficient data error
- EDGAR rate limiting or downtime causing fetch failure
- Malformed or non-standard SEC filing format causing parsing issues

## How this service works

Diff a company's latest vs previous SEC filing (10-K/10-Q) Risk Factors and MD&A. Returns changed passages. DO NOT use as investment advice.

## Output

Returns a structured diff of changed passages between the latest and previous SEC 10-K or 10-Q filing, broken down by section (Risk Factors, MD&A), with added and removed text clearly identified.

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/sec-filing-risk-factor-md-a-diff-f16d28c5/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from defi-intel-agent-gateway.gg-neo15.workers.dev](https://www.zero.xyz/host/defi-intel-agent-gateway.gg-neo15.workers.dev/llms.txt)