For the quarter ending 2026-02-28.
| Income Statement | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Revenue | 0 | 1,598 | 1,543 | 0 |
| Direct costs | 0 | - | - | - |
| Gross profit (loss) | 0 | 1,598 | 1,543 | 0 |
| Lease operating expense | 4,899 | 25,039 | 9,892 | 94,690 |
| General, selling and administrative expenses | 631,012 | 2,626,252 | 561,807 | 462,353 |
| Consulting and professional services | 427,676 | 282,181 | 121,562 | 137,356 |
| Impairment expense | 5,094 | 32,833 | - | 653,874 |
| Total operating expense | 1,068,681 | 2,966,305 | 693,261 | 1,348,273 |
| Operating income (loss) | -1,068,681 | -2,964,707 | -691,718 | -1,348,273 |
| Income from employee retention credit | - | 0 | - | - |
| Other non-operating income | 0 | - | 15,963 | 136,331.5* |
| Equity method income (loss) | - | 0 | - | - |
| Gain on sale of assets | 0 | - | - | -135,212.5* |
| Interest expense | 151,100 | 308,160 | 276,319 | 133,997 |
| Net loss from continuing operations | -1,219,781 | -3,272,867 | - | - |
| Net loss from discontinued operations | 0 | -38,247 | - | - |
| Net loss | -1,219,781 | -3,311,114 | -952,074 | -1,481,151 |
Laredo Oil, Inc. (LRDC)
Laredo Oil, Inc. (LRDC)