Laredo Oil, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $420.7K | $63.3K | $127.1K | $13.8K | $109.2K | $1.2M | $1.5M | $289.6K |
| Accounts Receivable | — | — | — | — | — | $168.5K | $0 | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $492.0K | $298.5K | $2.0M | $52.1K | $133.2K | $1.6M | $1.6M | $357.1K |
| Property, Plant & Equipment | $67.2K | $1.1M | $746.2K | $460.1K | $3.2M | $809.2K | $0 | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.2M | $1.4M | $2.8M | $542.2K | $3.7M | $2.8M | $1.6M | $357.1K |
| Liabilities | ||||||||
| Accounts Payable | $2.8M | $2.0M | $2.3M | $2.3M | $1.2M | $267.6K | $21.0K | $11.7K |
| Total Current Liabilities | $13.2M | $12.9M | $12.9M | $9.7M | $5.6M | $3.2M | $2.7M | $2.1M |
| Long-Term Debt | — | — | — | — | — | — | $1.2M | $0 |
| Total Liabilities | $14.1M | $14.0M | $14.0M | $10.3M | $6.5M | $5.0M | $3.5M | $2.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-33.9M | $-25.9M | $-22.7M | $-19.9M | $-12.0M | $-11.1M | $-10.7M | $-10.6M |
| Total Stockholders' Equity | $-12.9M | $-12.6M | $-11.2M | $-9.8M | $-2.8M | $-2.2M | $-1.9M | $-1.7M |