Leopard Energy Files Q1 2025 10-Q

TL;DR

Leopard Energy (CYAP) filed their Q1 2025 10-Q. Check financials.

AI Summary

Leopard Energy, Inc. filed a 10-Q for the period ending October 31, 2024. The company, formerly known as Cyber Apps World, is incorporated in Nevada and based in Lugano, Switzerland. Their fiscal year ends on July 31st, and this filing covers the first quarter of fiscal year 2025.

Why It Matters

This filing provides investors with an update on Leopard Energy's financial performance and operational status for the first quarter of their fiscal year 2025.

Risk Assessment

Risk Level: medium — The company has a history of name changes and its SIC code suggests management consulting services, which may indicate a less traditional energy business model.

Key Numbers

• Q1 2025 — Reporting Period (First quarter of fiscal year 2025)
• 0731 — Fiscal Year End (Company's fiscal year concludes on July 31st)

Key Players & Entities

• Leopard Energy, Inc. (company) — Filer
• Cyber Apps World (company) — Former company name
• 2024-10-31 (date) — Reporting period end date
• 2024-12-16 (date) — Filing date
• 0731 (date) — Fiscal year end

FAQ

Key Financial Figures

• $398,400 — ella for consideration of approximately $398,400. As part of the transaction, William Al
• $349,759 — r controlling stockholder, has provided $349,759 capital in the form of payment made on
• $45,000 — yment made on behalf of the Company and $45,000 paid in capital in cash. Zenith Energy
• $1,923 — ober 31, 2024, we generated revenues of $1,923 from the royalty interest we acquired i
• $10,908 — Company incurred operating expenses of $10,908, as compared to expenses of $66,747 dur
• $66,747 — of $10,908, as compared to expenses of $66,747 during the quarter ended October 31, 20
• $9,048 — October 31, 2024, we had a net loss of $9,048, primarily to professional services und
• $18,571 — renounced its credit. Our net loss of $18,571 for the quarter ended October 31, 2023,

Filing Documents

• cyap_10q.htm (10-Q) — 333KB
• cyap_ex311.htm (EX-31.1) — 10KB
• cyap_ex312.htm (EX-31.2) — 10KB
• cyap_ex321.htm (EX-32.1) — 3KB
• cyap_ex322.htm (EX-32.2) — 3KB
• 0001477932-24-008081.txt ( ) — 1587KB
• cyap-20241031.xsd (EX-101.SCH) — 19KB
• cyap-20241031_lab.xml (EX-101.LAB) — 106KB
• cyap-20241031_cal.xml (EX-101.CAL) — 23KB
• cyap-20241031_pre.xml (EX-101.PRE) — 78KB
• cyap-20241031_def.xml (EX-101.DEF) — 26KB
• cyap_10q_htm.xml (XML) — 121KB

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

Management's Discussion and Analysis of Financial Condition and Results of Operations 13 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 16 Item 4.

Controls and Procedures

Controls and Procedures 16 PART II OTHER INFORMATION 17 Item 1.

Legal Proceedings

Legal Proceedings 17 Item 1A.

Risk Factors

Risk Factors 17 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 17 Item 3. Defaults Upon Senior Securities. 17 Item 4. Mine Safety Disclosures 17 Item 5. Other Information 17 Item 6. Exhibits 18

SIGNATURES

SIGNATURES 19 2 Table of Contents

FINANCIAL INFORMATION

PART I FINANCIAL INFORMATION As used in this Form 10-Q (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 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, 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, 2024, 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, 2024 and July 31, 2024 October 31, July 31, 2024 (Unaudited) 2024 $ $ Current assets: Cash $ 8,293 $ 6,432 Total current assets 8,293 6,432 Other assets: Lavaca County Texas Producing Asset 39,280 39,280 Total other assets 39,280 39,280 Total Assets $ 47,573 $ 45,712 LIABILITIES Current liabilities: Accounts payable and accrued liabilities $ 230,255 $ 243,346 Total current liabilities 230,255 243,346 Total Liabilities 230,255 243,346 STOCKHOLDER'S DEFICIT Preferred stock, $ 0.001 par value, 10,000,000 authorized, 100,000 issued as of October 31, 2024 and July 31, 2024 100 100 Common stock, $ 0.001 par value, 250,000,000 shares authorized, 1,272,917 shares issued as of October 31, 2024 and J

Management's Discussion and Analysis of our Financial Conditions and Results of Operations

ITEM 2. Management's Discussion and Analysis of our Financial Conditions and Results of Operations.

Forward Looking Statements

Forward Looking Statements Certain statements made in this Quarterly Report on Form 10-Q (this "Report") may constitute "forward-looking statements on our current expectations and projections about future events." These forward-looking statements involve known or unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by some words such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates" and similar expressions. These statements are based on our current beliefs, expectations, and assumptions and are subject to a number of risks and uncertainties. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. These forward-looking statements are made as of the date of this Report, and we assume no obligation to update these forward-looking statements whether as a result of new information, future events, or otherwise, other than as required by law. In light of these assumptions, risks, and uncertainties, the forward-looking events discussed in this Report might not occur and actual results and events may vary significantly from those discussed in the forward-looking statements. Background Leopard Energy was incorporated on July 15, 2002, under the laws of the State of Nevada and engaged in a number of businesses until April 9, 2015, at which we merged with our wholly owned subsidiary Cyber Apps World Inc. and concurrently changed our name to Cyber Apps World Inc. At the time of the merger, we shifted our business focused to the development of mobile applications focusing on allowing users around the world to save money on products an

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View this 10-Q filing on SEC EDGAR