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Income Overview

Net Income
-$1,219,781
Unit: Dollar
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
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Net loss-$1,219,781 (-193.39%↓ Y/Y)Net loss fromcontinuing operations-$1,219,781 Operating income (loss)-$1,068,681 (-78.49%↓ Y/Y)Interest expense$151,100 (29.46%↑ Y/Y)Total operatingexpense$1,068,681 (77.97%↑ Y/Y)General, selling andadministrative expenses$631,012 (40.14%↑ Y/Y)Consulting andprofessional services$427,676 (340.26%↑ Y/Y)Impairment expense$5,094 Lease operatingexpense$4,899 (-90.77%↓ Y/Y)

Laredo Oil, Inc. (LRDC)

Laredo Oil, Inc. (LRDC)