Leopard Energy Files 10-Q/A for Oct 2023 Period

TL;DR

Leopard Energy amended its Q3 2023 10-Q. Check preferred stock details.

AI Summary

Leopard Energy, Inc. filed an amended 10-Q for the period ending October 31, 2023. The filing, dated November 21, 2024, includes financial information related to its Series A Preferred Stock. The company's fiscal year ends on July 31.

Why It Matters

This amended filing provides updated financial disclosures for Leopard Energy, Inc., which could impact investor understanding of the company's financial health and preferred stock structure.

Risk Assessment

Risk Level: low — This is an amended filing for a past period and does not appear to contain new material adverse information.

Key Numbers

• 0.001 — Series A Preferred Stock (Likely a par value or nominal amount per share for Series A Preferred Stock.)
• 10000000 — Series A Preferred Stock (Potentially authorized or issued shares for Series A Preferred Stock.)
• 100000 — Series A Preferred Stock (Could represent issued shares or a specific tranche of Series A Preferred Stock.)
• 250000000 — Series A Preferred Stock (Possibly authorized shares or a liquidation preference for Series A Preferred Stock.)

Key Players & Entities

• Leopard Energy, Inc. (company) — Filer
• 0001477932-24-007536 (accession_number) — Filing identifier
• 20231031 (date) — Period of report
• 20241121 (date) — Filing date
• us-gaap:SeriesAPreferredStockMember (financial_metric) — Financial reporting category

FAQ

Key Financial Figures

• $0,001 — DER'S EQUITY(DEFICIT) Preferred stock: $0,001 par value, 10,000,000 authorized, 100,0

Filing Documents

• cyap_10qa.htm (10-Q/A) — 685KB
• cyap_ex311.htm (EX-31.1) — 10KB
• cyap_ex312.htm (EX-31.2) — 10KB
• cyap_ex321.htm (EX-32.1) — 4KB
• cyap_ex322.htm (EX-32.2) — 4KB
• 0001477932-24-007536.txt ( ) — 4244KB
• cyap-20231031.xsd (EX-101.SCH) — 29KB
• cyap-20231031_lab.xml (EX-101.LAB) — 172KB
• cyap-20231031_cal.xml (EX-101.CAL) — 29KB
• cyap-20231031_pre.xml (EX-101.PRE) — 150KB
• cyap-20231031_def.xml (EX-101.DEF) — 87KB
• cyap_10qa_htm.xml (XML) — 1038KB

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 17 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 20 Item 4.

Controls and Procedures

Controls and Procedures 20 PART II OTHER INFORMATION 21 Item 1.

Legal Proceedings

Legal Proceedings 21 Item 1A.

Risk Factors

Risk Factors 21 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 21 Item 3. Defaults Upon Senior Securities. 21 Item 4. Mine Safety Disclosures 21 Item 5. Other Information 21 Item 6. Exhibits 22

SIGNATURES

SIGNATURES 23 2 Table of Contents

FINANCIAL INFORMATION

PART I FINANCIAL INFORMATION As used in this Form 10-Q/A (this " Report "), and unless otherwise indicated, the terms " the Company ," " we ," " us " and " our " refer to Leopard Energy, Inc. f/k/a Cyber Apps World Inc EXPLANATORY NOTE In a Form 10-K/A filed with the Securities and Exchange Commission (the " SEC ") on December 15, 2023, the Company , disclosed that it had recently learned that, despite representations and statements to the contrary, Ahmed & Associates, P.C. (" AAPC "), the accounting firm that the Company had retained as its independent registered accounting firm with respect to the audit of its financial statements for the year ended July 31, 2023, was not registered with the Public Company Accounting Oversight Board (the " PCAOB "), as required by the rules and regulations adopted by the SEC. In addition, in January 2024, the PCAOB revoked the registration of Jack Shama, CPA, the accounting firm that had audited the Company's financial statements for the year ended July 31, 2022. Accordingly, on April 17, 2024, the Company filed an additional Form 10-K/A further its Annual Report on Form 10-K for the year ended July 31, 2023 to include financial statements for the years ended July 31, 2023 and July 31, 2022, which were audited by a PCAOB registered accounting firm. As a result thereof, the Company is restating in this Report, its financial statements for the three months ended October 31, 2023 and 2022.

- FINANCIAL INFORMATION

PART I- FINANCIAL INFORMATION Certain information and footnote disclosures required under accounting principles generally accepted in the United States of America have been condensed or omitted from the following financial statements pursuant to the rules and regulations of the Securities and Exchange Commission. It is suggested that the following financial statements be read in conjunction with the year-end financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended July 31, 2023, as amended by a Form 10-K/A filed on December 15, 2023 and a Form 10-K/A filed on April 17, 2024. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. The results of operations for the three months ended October 31, 2023, are not necessarily indicative of the results for the entire fiscal year or for any other period. 3 Table of Contents LEOPARD ENERGY, INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS As of October 31, 2023 (Unaudited and Restated) and July 31, 2023 October 31, July 31, 2023 2023 (Unaudited and Restated) $ $ Current assets: Cash $ 10,003 $ 3 Deposits & prepayments 3,561 - Total current assets 13,564 3 Other assets: Lavaca Country Texas Producing Asset - - Software development - WIP - - Total other assets - - Total Assets $ 13,564 $ 3 LIABILITIES Current liabilities: Accounts payable and accrued liabilities $ 81,281 $ 123,309 Total current liabilities 81,281 123,309 Long term liabilities: Convertible notes payable - 179,150 Loan payable - 13,134 Total non-current liabilities - 192,284 Total Liabilities 81,281 315,593 STOCKHOLDER'S DEFICIT Preferred stock: $ 0.001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of October 31, 2023 and

View Full Filing

View this 10-Q/A filing on SEC EDGAR