Here are the 10-K annual reports from Leopard Energy Inc (LEEN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow LEEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LEEN filings page.
Leopard Energy, Inc. (LEEN) reported annual revenue of $5,863 for the year ended July 31, 2026, from a 5% non-operating royalty interest in seven producing oil wells in the Eagle Ford Shale, Texas. Cost of revenue was $4,986, including depletion, and the company recorded a $34,150 net loss, compared with $31,835 net profit in the year ended July 31, 2025. General and administrative expenses were $34,667, down from $64,922 in fiscal 2025; the company attributed the decrease mainly to lower consulting and audit expenses.
At July 31, 2026, cash and total current assets were $17,620, while current liabilities were $136,598; the reported working-capital deficit was $118,978. Zenith Energy, the controlling stockholder, paid $33,000 of operating expenses and liabilities on the company's behalf as noncash additional paid-in capital during the year. Zenith has indicated it intends to continue financing the company, pending receipt of additional financing.
Management and the independent auditor stated that recurring losses and the working-capital deficit raise substantial doubt about the company's ability to continue as a going concern. The company also reported ineffective disclosure controls and internal control over financial reporting, citing the lack of a functioning audit committee and independent directors, inadequate segregation of duties, and ineffective period-end financial reporting controls.
Leopard Energy (LEEN) filed its annual report for the year ended July 31, 2025. The company generated revenue of $5,974 from a 5% royalty interest in seven Eagle Ford Shale oil wells. General and administrative expenses fell to $64,922 from $287,168, reflecting lower consulting and professional fees. A $91,071 gain from settlement of accounts payable lifted other income to $90,783, resulting in net profit of $31,835 versus a $252,803 loss in 2024.
Cash was $12,118 with current liabilities of $134,932, producing a working capital deficit of $122,814. The auditor highlighted substantial doubt about the company’s ability to continue as a going concern. Management reports material weaknesses in internal control, including no audit committee, limited segregation of duties, and ineffective period-end controls. Since August 2023, controlling stockholder Zenith Energy has provided approximately $388,008 in payments and $45,000 in cash to fund operations. 1,272,917 shares of common stock were outstanding as of October 20, 2025.