LRDC · XBRL financial data

Laredo Oil financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LRDC's year ends in late May)

In thousands of dollars	FY 2021May 31, 2021	FY 2022May 31, 2022	FY 2023May 31, 2023	FY 2024May 31, 2024	FY 2025May 31, 2025	FY 2026May 31, 2026
Revenue	4,593	668	0	36	9	3
Cost of revenue	4,776	1,286	—	—	—	—
Gross profit	(183)	(619)	—	36	9	3
Selling, general and administrative	119	1,176	1,997	2,898	1,839	4,934
Total operating expenses	499	1,580	2,770	3,427	3,332	7,050
Operating income (loss)	(683)	(2,199)	(2,770)	(3,390)	(3,322)	(7,046)
Interest expense	52	136	443	511	489	889
Other income (expense)	—	131	74	859	630	16
Income tax expense (benefit)	0	—	—	—	—	—
Net income (loss)	(368)	(896)	(3,112)	(2,867)	(3,182)	(7,972)
Earnings per share, basic USD per share	—	—	—	—	(0.04)	(0.10)
Earnings per share, diluted USD per share	—	—	—	—	(0.04)	(0.10)
Weighted average shares, basic thousands of shares	—	—	—	—	73,605	77,114
Weighted average shares, diluted thousands of shares	—	—	—	—	73,605	77,114

Fiscal years (LRDC's year ends in late May)

In thousands of dollars	FY 2021May 31, 2021	FY 2022May 31, 2022	FY 2023May 31, 2023	FY 2024May 31, 2024	FY 2025May 31, 2025	FY 2026May 31, 2026
Cash and cash equivalents	1,197	109	14	127	83	421
Accounts receivable	169	—	—	—	—	—
Prepaid and other current assets	267	22	37	20	21	34
Total current assets	1,632	133	52	2,018	299	492
Property and equipment, net	809	3,175	4,757	746	1,109	67
Total assets	2,771	3,702	5,126	2,805	1,448	1,212
Accounts payable	268	1,243	2,198	2,543	2,158	2,814
Accrued liabilities	1,559	1,740	2,262	3,165	3,753	3,720
Total current liabilities	3,161	5,581	9,603	12,946	12,910	13,221
Total liabilities	5,007	6,500	10,207	13,991	14,020	14,142
Accumulated deficit	(11,087)	(11,982)	(15,078)	(22,723)	(25,905)	(33,877)
Total stockholders' equity	(2,237)	(2,798)	(5,081)	(11,186)	(12,572)	(12,930)
Total liabilities and equity	2,771	3,702	5,126	2,805	1,448	1,212
Common shares outstanding (cover page) thousands of shares	54,515	55,787	66,220	73,165	74,888	85,596

Fiscal years (LRDC's year ends in late May)

In thousands of dollars	FY 2021May 31, 2021	FY 2022May 31, 2022	FY 2023May 31, 2023	FY 2024May 31, 2024	FY 2025May 31, 2025	FY 2026May 31, 2026
Net income (loss)	(368)	(896)	(3,112)	(2,867)	(3,182)	(7,972)
Stock-based compensation	—	279	162	1,103	—	2,287
Net cash from operating activities	(1,231)	(1,200)	(1,640)	(633)	(1,650)	(3,128)
Purchases of property and equipment	—	58	0	—	—	—
Net cash from investing activities	(325)	(1,424)	(997)	137	(3,174)	(20)
Proceeds from issuing common stock	—	—	267	—	1,215	2,635
Proceeds from issuing equity	—	—	267	—	—	—
Net cash from financing activities	1,220	1,536	2,542	2,472	3,111	3,304
Net change in cash	(336)	(1,087)	(95)	1,976	(1,713)	—

SIC 1311 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Laredo Oil	147	not reported	(821)	85.9M	—	Q1 FY27 10-QAug 31, 2026
AleAnna	32,620	10,215	4,187*	not reported	—	Q2 FY26 10-QJun 30, 2026
Pedevco	10,805	46,113	15,338*	13.3M	—	Q2 FY26 10-QJun 30, 2026
Big Sky Industrial	5,987	2,134	(800)*	52.5M	7.6 quarters	Q2 FY26 10-QJun 30, 2026
Abundia Global Impact Group	11,180	1,956	1,460*	44.2M	—	Q2 FY26 10-QJun 30, 2026
Reserve Petroleum	2,893	not reported	4,193*	151,584	—	Q2 FY25 10-QJun 30, 2026
CoJax Oil & Gas	53	329	(34)*	14.2M	1.6 quarters	Q2 FY26 10-QJun 30, 2026
CKX Lands	not reported	168	(412)*	2.1M	—	Q2 FY26 10-QJun 30, 2026
New ERA Energy & Digital	69,821	36	(5,024)*	106.6M	13.9 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.