Welcome to our dedicated page for Laredo Oil SEC filings (Ticker: LRDC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Laredo Oil, Inc. (LRDC) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As an oil exploration and production company focused on crude petroleum and natural gas extraction, Laredo Oil uses its periodic reports and other filings to describe its operations, mineral rights, financing activities, and risk factors.
Among the filings available are notifications of late filing on Form 12b-25 related to Quarterly Reports on Form 10-Q and other periodic reports. In these documents, Laredo Oil explains that the compilation, dissemination, and review of required information imposed time constraints that made timely filing impracticable without undue hardship and expense. The company states that it intends to file the affected reports within the extension period permitted by SEC rules and indicates that other required periodic reports have been filed.
Through Stock Titan, users can review Laredo Oil’s SEC submissions to understand its reporting practices, principal executive office location in Austin, Texas, and the context around its financial reporting timelines. The platform surfaces real-time updates from the SEC’s EDGAR system and applies AI-powered summaries to help explain the contents and implications of lengthy filings, such as annual and quarterly reports.
Investors can use these filings to track how Laredo Oil discusses its oil exploration and production activities, its proprietary Underground Gravity Drainage (UGD) technology, and its capital-raising transactions. The filings page is also a resource for monitoring compliance disclosures and any additional information the company provides about its operations, subsidiaries, and field development efforts.
Laredo Oil, Inc. reports Q2 fiscal 2026 results showing very limited revenue and mounting losses alongside heavy leverage. Revenue was only $1,598 for the quarter and $3,141 for the six months ended November 30, 2025, down from $7,688 in the prior-year period. The company posted a quarterly net loss of $3,311,114 and a six‑month net loss of $4,263,188, with loss per share of $0.04 and $0.06, respectively.
At November 30, 2025, Laredo Oil held $568,831 in cash and restricted cash and total assets of $1.7 million, against total liabilities of $15.0 million, resulting in a stockholders’ deficit of $13.3 million. Management discloses substantial doubt about the company’s ability to continue as a going concern, citing recurring losses, a large accumulated deficit and dependence on future financing.
To fund operations, the company issued 2,580,929 shares of common stock during the six months for proceeds of about $1.1 million and raised short‑term debt, including $1.275 million of promissory notes with 12% interest and attached warrants. Operating cash outflows were $1.5 million for the six months, while share‑based compensation expense totaled $2.0 million, significantly increasing reported operating expenses.
Laredo Oil, Inc. filed a Form 12b-25 to notify that its Quarterly Report on Form 10-Q for the period ended November 30, 2025 will be filed late. The company states that compiling, distributing, and reviewing the information needed for the report created time constraints that made a timely filing impracticable without undue hardship and expense.
Laredo Oil indicates it expects to file the Form 10-Q within five calendar days after the original due date. The company also confirms that all other required periodic reports over the past 12 months have been filed and that it does not anticipate any significant change in results of operations compared with the same period in the prior fiscal year.
Laredo Oil, Inc. reported Q1 FY2026 results for the three months ended August 31, 2025. Revenue was $1,543 (vs. $6,048 a year ago). Operating loss was $691,718, and net loss was $952,074 or $0.01 per share, including $276,319 in net interest expense.
Liquidity remains tight. Cash and restricted cash were $416,900 with total assets of $1,598,620. Current liabilities were $13,842,300 and total liabilities $14,937,564, resulting in a stockholders’ deficit of $(13,338,944). Shares outstanding were 74,887,755 as of August 31, 2025, and 76,736,592 as of October 15, 2025. The company states that these conditions raise substantial doubt about its ability to continue as a going concern.
Operating cash use was $(861,667), offset by financing inflows of $1,001,200 from new short-term notes. During the quarter, the company issued $1,189,300 in subordinated promissory notes with 1,189,300 warrants at a $0.43 strike. Deferred well development liabilities totaled $2,807,698. Field activity included the Reddig 11-21 well being shut in and Texakoma wells paused pending evaluation. Subsequent to quarter-end, the company sold $42,850 of notes with matching warrants and issued 1,848,837 shares for $795,000 at an average price of $0.43.
Laredo Oil, Inc. (LRDC) filed a Form 12b-25 to notify a late filing of its Quarterly Report on Form 10-Q for the period ended August 31, 2025. The company cites time constraints in compiling, disseminating, and reviewing required information. It undertakes to file the 10-Q within five calendar days after the prescribed due date under Rule 12b-25(b).
The company indicated that all other required periodic reports have been filed and does not anticipate significant changes in results of operations versus the prior-year period.
Laredo Oil, Inc. is reporting an annual filing that shows a small public company capital structure and ongoing financing activity. The company has approximately 74.9 million common shares outstanding and an authorized common share cap increased to 120 million. Independent auditors are M&K CPAS, PLLC. The filing discloses multiple short-term convertible promissory notes issued and subsequently converted or repaid, with total convertible note principal discussed aggregating in the low hundreds of thousands and net cash proceeds shown for individual notes (examples: $50,000, $55,000, $60,000, and combined convertible notes net proceeds of $180,000). Terms on these notes include an 8% annual interest rate (rising to 22% on default), conversion after 180 days at discounts (commonly 25%) to recent bid prices, and amortized original issue discounts and debt issue costs. The company records an impairment loss of $1,112,333 and shows significant stock-based and deferred compensation expense components. The filing references a going concern matter and ongoing commitments and contingencies. Subsequent activity includes issuance of 116,279 shares to an investor in settlement of a $50,000 deposit and a $100,000 reduction of accrued interest on a secured note.
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