| Cash Flow | 2025-08-31 |
|---|---|
| Acquisition of oil and gas assets | 0 |
| Net cash used in investing activities | 0 |
| Stock based compensation expense | 0 |
| Accretion expense | 0 |
| Receivables | 0 |
| Net loss | -952,074 |
| Amortization of debt discount | 113,803 |
| Loss on disposal of assets | -303 |
| Receivables related party | 28,155 |
| Prepaid expenses and other current assets | 10,094 |
| Bond | 20,000 |
| Accounts payable and accrued liabilities | -112,100 |
| Accrued payroll | 105,912 |
| Accrued interest | -6,139 |
| Depreciation expense | 6,877 |
| Net cash used in operating activities | -861,667 |
| Proceeds from sale of common stock | 0 |
| Repayment of convertible debt | 0 |
| Proceeds from well development deposit | 0 |
| Proceeds from promissory notes | 1,189,300 |
| Repayment of bridge notes | 181,164 |
| Proceeds from prefunded drilling costs | 8,438 |
| Ppp loan repayments | -15,374 |
| Cash flows provided by financing activities | 1,001,200 |
| Net decrease in cash and cash equivalents | 139,533 |
| Cash and cash equivalents at beginning of period | 277,367 |
| Cash and cash equivalents at end of period | 416,900 |
Laredo Oil, Inc. (LRDC)
Laredo Oil, Inc. (LRDC)