Laredo Oil, Inc. (LRDC)
Laredo Oil, Inc. (LRDC)
| Cash Flow | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Accretion expense | NaN | NaN | 0 | 3,674 |
| Receivables related party | NaN | NaN | 28,155 | 0 |
| Receivables | 0 | NaN | 0 | -8,346 |
| Net loss | -4,530,895 | NaN | -952,074 | -3,181,874 |
| Impairment of long-term assets | 37,927 | NaN | NaN | NaN |
| Amortization of debt discount | 156,700 | NaN | 113,803 | 83,733 |
| Loss, (gain) on sale of assets | 0 | NaN | -303 | NaN |
| Prepaid expenses and other current assets | 18,884 | NaN | 10,094 | 1,215 |
| Bond | 0 | NaN | 20,000 | NaN |
| Accounts payable and accrued liabilities | 869,514 | NaN | -112,100 | -55,931 |
| Accrued payroll | 265,055 | NaN | 105,912 | 587,385 |
| Impairment of long-term assets | NaN | NaN | NaN | 653,874 |
| Accrued interest | 216,503 | NaN | -6,139 | 222,295 |
| Gain on sale of assets | NaN | NaN | NaN | 0 |
| Depreciation expense | 13,754 | NaN | 6,877 | 29,879 |
| Stock-based compensation expense | 2,057,508 | NaN | 0 | 0 |
| Net cash used in operating activities | -904,663 | NaN | -861,667 | -1,649,834 |
| Proceeds from sale of assets | NaN | NaN | NaN | 0 |
| Investment in property, plant and equipment | NaN | NaN | NaN | 0 |
| Proceeds from sale of assets | 0 | NaN | NaN | NaN |
| Cash paid for acquisition of oil and gas assets | 0 | NaN | 0 | 3,174,164 |
| Investment in equity method investment | 20,000 | NaN | NaN | NaN |
| Net cash used in investing activities | -20,000 | NaN | 0 | -3,174,164 |
| Proceeds from convertible debt | NaN | NaN | NaN | 0 |
| Proceeds from revolving note | NaN | NaN | NaN | 0 |
| Repayment of convertible debt | 0 | NaN | 0 | 119,706 |
| Proceeds from bridge loans | 0 | NaN | NaN | 384,000 |
| Proceeds from prefunded drilling costs | -8,438 | NaN | 8,438 | 2,981,500 |
| Proceeds from well development deposit | 0 | NaN | 0 | NaN |
| Proceeds from sale of common stock | 1,284,800 | NaN | 0 | 1,215,200 |
| Proceeds from promissory notes | 85,700 | NaN | 1,189,300 | 200,000 |
| Repayment of promissory notes | 77,700 | NaN | NaN | NaN |
| Repayment of bridge notes | 218,450 | NaN | 181,164 | 233,136 |
| Repayment of prefunded drilling costs | 250,000 | NaN | NaN | 1,250,000 |
| Ppp loan repayments | -30,865 | NaN | -15,374 | -66,682 |
| Cash flows provided by financing activities | 785,047 | NaN | 1,001,200 | 3,111,176 |
| Net decrease in cash and cash equivalents | NaN | NaN | 139,533 | -1,712,822 |
| Net increase/(decrease) in cash and cash equivalents from continuing operations | -304,665 | 304,582 | NaN | NaN |
| Cash and cash equivalents at beginning of period | 416,900 | NaN | 277,367 | NaN |
| Cash and cash equivalents at end of period | 264,166 | NaN | 416,900 | NaN |