BONK, INC. cited accounting standard ASU 2018-07 for the first time in this filing series
On October 24, 2018, the inception date (“Inception”), we adopted ASU No. 2018-07 “Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting.
Evidence
Adopted
2018-07
Contexts
On October 24, 2018, the inception date (“Inception”), we adopted ASU No. 2018-07 “Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting.
An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.
BONK, INC. changed its revenue recognition disclosure
On December 10, 2025, the Company amended the agreement for an amount equal to 51% of all gross revenue of LetsBonk.fun.
Evidence
New language
On December 10, 2025, the Company amended the agreement for an amount equal to 51% of all gross revenue of LetsBonk.fun., The Company and the related party can revert back to 10% of all gross revenue at a point in time which the parties agree on such terms.
Prior filed
2025-11-19
Prior form
10-Q
Similarity
0.58
Source
revenue recognition note comparison
Threshold
0.6
Why
The revenue recognition policy disclosure changed materially from the previous comparable filing.
Language present now, absent from the prior filing:
On December 10, 2025, the Company amended the agreement for an amount equal to 51% of all gross revenue of LetsBonk.fun.
The Company and the related party can revert back to 10% of all gross revenue at a point in time which the parties agree on such terms.