---
title: "Read and question SEC 10-K filings, risk factors, and earnings transcripts on screen."
description: "Highlight accounting footnotes, non-GAAP reconciliations, debt covenants, or MD&A commentary on SEC EDGAR and financial portals to get grounded explanations right beside the filing."
canonical_url: "https://vezz.me/use-cases/analyze-sec-10k-filings-and-earnings/"
type: "pseo-use-cases"
category: "use-cases"
topic: "Finance & Equity Research Workflow"
intent: "Best for financial analysts, retail investors, and corporate strategy teams reading 10-K/10-Q filings, S-1 prospectuses, and earnings call transcripts."
---

# Read and question SEC 10-K filings, risk factors, and earnings transcripts on screen.

Highlight accounting footnotes, non-GAAP reconciliations, debt covenants, or MD&A commentary on SEC EDGAR and financial portals to get grounded explanations right beside the filing.

> **Best fit:** Best for financial analysts, retail investors, and corporate strategy teams reading 10-K/10-Q filings, S-1 prospectuses, and earnings call transcripts.

## Live Webpage Walkthrough

- **Source:** SEC Form 10-K — Note 12: Revenue Recognition & Remaining Performance Obligations (`sec.gov/ix?doc=/Archives/edgar/data/10k.htm`)
- **Recommended Context Mode:** Detailed

**Highlighted Passage:**
> As of December 31, remaining performance obligations (RPO) were $1.42 billion, of which we expect to recognize approximately 58% as revenue over the next 12 months, compared to 64% in the prior fiscal year.

**User Question (Shortcut):** "What does the drop from 64% to 58% current RPO share suggest about contract duration or near-term revenue conversion?"

**Vezz me On-Screen Answer:**
1. Dollar math: Current RPO (cRPO, next 12 months) is `0.58 * $1.42B = $823.6M`, while non-current RPO (>12 months) is `$596.4M`.
2. Why the current share dropped (64% -> 58%): Either (a) the company is signing longer multi-year contracts (pushing more backlog beyond Month 12), OR (b) near-term renewals/expansions slowed relative to long-term commitments.
3. What to check next in the 10-K: Look at average contract duration disclosures in MD&A and compare cRPO growth rate vs total RPO growth rate.

**Suggested Follow-Ups:**
- "How does RPO differ from deferred revenue on the balance sheet?"
- "What would cause RPO to grow faster than billings?"
- "Extract the key numbers from this paragraph into a clean table row."

## Step-by-step workflow

1. **Highlight the footnote or MD&A passage**: Select the exact accounting note, non-GAAP adjustment, or executive answer on the earnings call.
2. **Press Ctrl+Shift+X with page context**: Vezz me keeps the filing heading and surrounding figures attached so you don't have to copy-paste multi-page tables.
3. **Interrogate accounting assumptions**: Ask what a policy change means for cash flow, margins, or year-over-year comparability.

## Decode accounting footnotes without leaving SEC EDGAR

The most important disclosures in a 10-K live in the footnotes—written in dense GAAP/IFRS terminology.

- Unpack revenue recognition timing, capitalized software costs, and lease liabilities
- Question non-GAAP to GAAP reconciliations and stock-based compensation adjustments
- Translate debt covenant definitions and maturity schedules into plain financial terms

## Cut through evasive answers on earnings call transcripts

When an analyst asks a direct question on an earnings call and management responds with 300 words of corporate speak, highlight the exchange.

- Ask Vezz me: 'Did the executive actually answer the analyst's question, and what did they avoid committing to?'
- Compare management's qualitative tone against the numbers in the press release
- Copy concise thesis notes directly into your investment memo

## Frequently asked questions

### Does Vezz me work inside SEC EDGAR's Inline XBRL viewer?

Yes. You can highlight text and tables inside SEC EDGAR filings, investor relations pages, Seeking Alpha transcripts, and Yahoo Finance articles and trigger Vezz me on screen.

### What if I have multiple financial reports open on the same sheet?

If you only want Vezz me to analyze the specific table or paragraph you selected without including adjacent tables on the same page, set Page Context Level to 'Minimal' in the extension settings.

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