LRDC Laredo Oil, Inc.
AI brief AI-written, not reviewed by a person
Latest filings show a continued negative net income and shrinking stockholders’ equity, with cash and equivalents fluctuating across the period ending 2026-08-31, while revenue remains small and liabilities remain elevated relative to assets. Comparisons to the prior year indicate worsening net income and negative equity. Key figures include cash and equivalents at 2026-05-31 of 420,676 USD and -13,796,134 USD stockholders’ equity at 2026-08-31, alongside 12-month net income of -7,971,671 USD to 2026-05-31.
- Cash and equivalents fluctuated, with 420,676 USD at 2026-05-31 and 264,166 USD at 2026-02-28, against prior levels of 534,986 USD (2025-11-30) and 232,245 USD (2025-08-31). [1]
- 12-month diluted EPS declined from -0.04 USD to -0.10 USD across the periods year-over-year to 2026-05-31. [1]
- Stockholders’ equity was negative and deteriorated to -13,796,134 USD at 2026-08-31, versus -12,929,508 USD at 2026-05-31 and -14,235,368 USD at 2026-02-28. [1]
- Net income for 12 months to 2026-05-31 was -7,971,671 USD, versus -3,181,874 USD for the year to 2025-05-31. [1]
- Operating cash flow for 12 months to 2026-05-31 was -3,127,716 USD, compared with -1,413,370 USD for the prior 12 months. [1]
Written by OpenVibe.AI from the SEC numbers and filings on this page, not reviewed by a person. Informational only; not investment advice. Written from figures and filings up to (gpt-5-nano-2025-08-07).
What the sources did not support
- No sourced figures detailing comprehensive balance sheet items beyond those provided (e.g., total assets and total liabilities are present, but there is no cash flow breakdown for each quarter that would contextualize the annual figures).
- No direct comparison figures for 2024 or earlier years beyond those listed; no guidance on longer-term trends beyond the provided periods.
Observations
| Metric | Value | Observed | Source | Retrieved | Freshness |
|---|---|---|---|---|---|
| Revenue (quarter) (3 months to 2025-11-30) | 1,598 USD | sec-companyfacts | current | ||
| Revenue (year) (12 months to 2026-05-31) | 3,141 USD | sec-companyfacts | current | ||
| Net income (quarter) (3 months to 2026-08-31) | -1,605,030 USD | sec-companyfacts | current | ||
| Net income (year) (12 months to 2026-05-31) | -7,971,671 USD | sec-companyfacts | current | ||
| Operating income (quarter) (3 months to 2026-08-31) | -1,471,158 USD | sec-companyfacts | current | ||
| Operating income (year) (12 months to 2026-05-31) | -7,046,430 USD | sec-companyfacts | current | ||
| Diluted EPS (quarter) (3 months to 2026-08-31) | -0.02 USD/shares | sec-companyfacts | current | ||
| Diluted EPS (year) (12 months to 2026-05-31) | -0.1 USD/shares | sec-companyfacts | current | ||
| Operating cash flow (quarter) (3 months to 2026-08-31) | -821,436 USD | sec-companyfacts | current | ||
| Operating cash flow (year) (12 months to 2026-05-31) | -3,127,716 USD | sec-companyfacts | current | ||
| Total assets (at 2026-08-31) | 939,375 USD | sec-companyfacts | current | ||
| Total liabilities (at 2026-08-31) | 14,735,509 USD | sec-companyfacts | current | ||
| Stockholders' equity (at 2026-08-31) | -13,796,134 USD | sec-companyfacts | current | ||
| Cash and equivalents (at 2026-05-31) | 420,676 USD | sec-companyfacts | current | ||
| Long-term debt (at 2021-02-28) | 606,226 USD | sec-companyfacts | current | ||
| Shares outstanding (at 2026-10-15) | 85,945,558 shares | sec-companyfacts | current |
Context
No reviewed context has been published for LRDC. The observations and documents below are shown as their sources stated them.
Documents
Source freshness
| Source | Freshness | Last successful fetch | Stale after | Sources reports |
|---|---|---|---|---|
| SEC EDGAR: company financial facts (XBRL) sec-companyfacts | current | 10080 min | ok | |
| SEC EDGAR: latest XBRL filings sec-xbrl-filings | current | 45 min | healthy |
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Machine-readable: LRDC.json (the same data with every timestamp and source).
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