LOOP: the balance sheet

MyFinsight

For the quarter ending 2025-11-30, LOOP has $11,290K in assets. $18,613K in debts. $5,204K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-11-30	2025-08-31	2025-05-31
Cash and cash equivalents	5,204	7,310	-
Accounts receivable and other (note 3)	300	902	-
Inventories	85	86	86
Insurance	280	-	-
Utilities	32	-	-
Software	33	-	-
Cash and cash equivalents	-	-	9,748
Other	65	-	-
Accounts receivable (note 3)	-	-	974
Prepaid expenses (note 4)	410	502	507
Total current assets	5,999	8,800	11,315
Equity method investments (note 9)	1,831	936	-
Intangible assets, net (note 6)	-	-	1,840
Property, plant and equipment, net (note 5)	1,690	1,754	1,787
Investments in joint ventures (note 9)	-	-	979
Intangible assets, net (note 6)	1,770	1,800	-
Total assets	11,290	13,290	15,921

Current portion of long-term debt (note 11)	-	-	409
Accounts payable and accrued liabilities (note 8)	2,935	3,335	3,513
Unearned revenue	102	102	102
Current portion of long-term debt (note 11)-Debt Excluding Credit Facility	510	464	-
Total current liabilities	3,547	3,901	4,024
Due to customer	882	865	-
Series b convertible preferred stock (note 10)	11,688	11,328	-
Long-term debt (note 11)	2,496	2,664	2,786
Due to customer	-	-	848
Series b convertible preferred stock (note 10)	-	-	10,987
Total liabilities	18,613	18,758	18,645
Common stock par value 0.0001 250,000,000 shares authorized 48,337,555 shares issued and outstanding (february 28, 2025 47,620,263) (note 12)	5	5	5
Additional paid-in capital	195,452	194,370	193,904
Accumulated deficit	-201,622	-198,678	-195,474
Accumulated other comprehensive loss	-1,158	-1,165	-1,159
Total stockholders equity (deficit)	-7,323	-5,468	-2,724
Total liabilities and stockholders equity (deficit)	11,290	13,290	15,921

Unit: Thousand (K) dollars