Leet Inc. Files 6-K for Q2 2025 Financials
| Field | Detail |
|---|---|
| Company | Leet Inc. |
| Form Type | 6-K |
| Filed Date | Sep 8, 2025 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-update, 6-K, equity
TL;DR
Leet Inc. dropped its Q2 2025 6-K, showing equity details and related party expenses.
AI Summary
Leet Inc. filed a 6-K report on September 8, 2025, for the period ending June 30, 2025. The filing includes financial data for Q2 2025 and the first half of the year, detailing preferred stock, related party expenses, and other equity components as of December 31, 2023, and June 30, 2025.
Why It Matters
This filing provides investors with an update on Leet Inc.'s financial position and equity structure as of mid-2025, crucial for understanding the company's ongoing financial health.
Risk Assessment
Risk Level: low — This is a routine filing providing financial updates and does not indicate any immediate or significant risks.
Key Numbers
- Q2 2025 — Quarterly Financials (Period covered by the report)
- 20250630 — Reporting Period End Date (Latest financial data available)
Key Players & Entities
- Leet INC. (company) — Filer
- 0001683168-25-006736 (document_id) — Accession Number
- 20250908 (date) — Filing Date
- 20250630 (date) — Period of Report
- 603 7783 1636 (phone_number) — Business Phone
FAQ
What is the primary purpose of this 6-K filing?
This 6-K filing serves as a current report by Leet Inc. to provide updates on its financial information for the period ending June 30, 2025.
When was this 6-K filing submitted to the SEC?
The filing was submitted on September 8, 2025.
What fiscal year end does Leet Inc. observe?
Leet Inc. observes a fiscal year end on December 31.
What are some of the financial components detailed in the filing?
The filing details components such as Series B Convertible Preferred Stock, Series A Preferred Stock, and Related Party Expenses for various periods.
What is Leet Inc.'s business address?
Leet Inc.'s business address is 805, 8th Floor, Menara Mutiara Majestic, Jalan Othman, Petaling Jaya, N8, 46000.
Filing Stats: 4,577 words · 18 min read · ~15 pages · Grade level 16.2 · Accepted 2025-09-08 07:44:30
Filing Documents
- leet_i6k.htm (6-K) — 688KB
- 0001683168-25-006736.txt ( ) — 4416KB
- ltes-20250630.xsd (EX-101.SCH) — 35KB
- ltes-20250630_cal.xml (EX-101.CAL) — 43KB
- ltes-20250630_def.xml (EX-101.DEF) — 125KB
- ltes-20250630_lab.xml (EX-101.LAB) — 274KB
- ltes-20250630_pre.xml (EX-101.PRE) — 246KB
- leet_i6k_htm.xml (XML) — 690KB
management's discussion and analysis of financial condition and results of operations
management's discussion and analysis of financial condition and results of operations as Annex B . SPECIAL NOTE REGARDING FORWARD-LOOKING private issuer with respect to the Company's current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of the Company. Forward-looking statements include, but are not limited to, those statements using words such as "believe," "expect," "plans," "strategy," "prospects," "forecast," "estimate," "project," "anticipate," "aim," "intend," "seek," "may," "might," "could" or "should," and words of similar meaning in connection with a discussion of future operations, financial performance, events or conditions. From time to time, oral or written forward-looking statements may also be included in other materials released to the public. These statements are based on management's assumptions, judgments and beliefs in light of the information currently available to it. The Company cautions investors that a number of important risks and uncertainties could cause actual results to differ materially from those discussed in the forward-looking of competition and pricing, government regulation, and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission. Therefore, investors should not place undue reliance on such forward-looking statements. Actual results may differ significantly from those set forth in the forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company dis
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. LEET Inc. Date: September 8, 2025 By: /s/ Dai Song Name: Dai Song Title: Chief Executive Officer 3 Annex A LEET INC. INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL Page Unaudited Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024 (Audited) 5 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three and Six months Ended June 30, 2025 and 2024 6 Unaudited Condensed Consolidated Statements of Changes in Stockholders' Deficit for the Three and Six months Ended June 30, 2025 and 2024 7 Unaudited Condensed Consolidated Statements of Cash Flows for the Six months Ended June 30, 2025 and 2024 8 Notes to Unaudited Condensed Consolidated Financial Statements for the Three and Six Months Ended June 30, 2025 9 - 25 4 LEET INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS AS OF JUNE 30, 2025 AND DECEMBER 31, 2024 (Audited) (Currency expressed in United States Dollars ("US
quot;), except for number of shares or otherwise stated June 30, 2025 December 31, 2024 (Unaudited) (Audited) ASSETS Current assets: Cash and bank balances $ 26,379 $ 33,248 Accounts receivable 1,542 5,357 Amounts due from related parties 170,683 168,416 Deposit and other receivables 1,277 3,365 Total current assets 199,881 210,386 Non-current asset: Plant and equipment, net 54,005 56,448 Total non-current asset 54,005 56,448 TOTAL ASSETS $ 253,886 $ 266,834 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities: Accrued liabilities and other payables $ 650,858 $ 685,185 Accrued compensation payable to officers and directors 161,200 166,570 Amounts due to related parties 4,247,834 3,480,148 Total current liabilities 5,059,892 4,331financial statements
financial statements. 7 LEET INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024 (Currency expressed in United States Dollars ("US
quot;), except for number of shares or otherwise stated) Six months ended June 30, 2025 2024 Cash flows from operating activities: Net (loss) profit $ ( 512,137 ) $ 90,327 Adjustments to reconcile net loss to net cash used in operating activities Depreciation on plant and equipment 5,636 5,219 Changes in operating assets and liabilities: Accounts receivable 3,986 ( 19,864 ) Unbilled revenue – ( 148,500 ) Deposit and other receivables 2,206 ( 19,749 ) Accounts payable – ( 587 ) Accrued liabilities and other payables ( 81,916 ) ( 97,544 ) Contract liability – ( 291,017 ) Net cash used in operating activities ( 582,225 ) ( 481,715 ) Cash flows from financing activities: Advances from a director 6,858 6,352 Advances from related parties 561,203 463,746 Net cash provided by financing activities 568,061 470,098 Effect on exchange rate change on cash and cash equivalents 7,295 10,488 Net decrease in cash ( 6,869 ) ( 1,131 ) CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 33,248 16,580 CASH AND CASH EQUIVALENTS, END OF PERIOD $ 26,379 $ 15,449 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Cash paid for tax $ – $ – Cash paid for interest $ – $ – See accompanying notes to unaudited condensed consolidatedfinancial statements
financial statements. 8 LEET INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025 1. DESCRIPTION OF BUSINESS AND ORGANIZATION Leet Inc. ("the Company" or "LTES") was incorporated on July 2, 2013 under the laws of the State of Delaware under the name Leet Technology Inc. It has since merged wih Leet Inc. with Leet Inc. being the surviving entity, having redomiciled under the laws of the British Virgin Islands ("BVI"). The Company currently operates an eSports platform in Malaysia. Description of subsidiaries: Schedule of subsidiaries Name Place of incorporation and kind of legal entity Principal activities Particulars of registered / paid up share capital Effective interest held LEET Inc. BVI Investment holding Unlimited ordinary shares at no par value 1,000,000 Series A preferred shares at no par value 10,000,000 Series B preferred shares at no par value 9,000,000 preferred shares at no par value 100 % Leet Entertainment Sdn. Bhd. Malaysia Provision of information technology and mobile application development and digital content publishing service 1,000 ordinary shares at par value of MYR1 100 % Leet Technology (BD) Ltd. Bangladesh Provision of information technology and mobile application development and digital content publishing service 100,000 ordinary shares at par value of Taka 100 80 % The Company and its subsidiaries are hereinafter referred to as (the "Company"). On January 11, 2023, Leet Technology Inc., a U.S. domestic corporation, completed a merger with Leet Inc., a company incorporated in the British Virgin Islands. As a result of the merger, Leet Inc. became the surviving entity and successor issuer under Rule 12g-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). As a result, the Company qualified as a foreign private issuer under SEC rules. On April 29, 2025, the Financial Industry Regulatory Authority (