Private company
Leet Technology Inc.
Leet Technology Inc. is an American prepackaged software services company, incorporated in Delaware.1
Last updated Oct 21, 2026.
Overview
- IndustryServices-Prepackaged Software1
- HeadquartersDE1
- Incorporated inDE2
- Business address805, 8Th Floor, Menara Mutiara Majestic, Jalan Othman, Petaling Jaya, Selangor, N8 460002
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
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Software development kits (SDK) for better onboarding of game developers and tournament operators.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue80¢$573.9K
- Other costs19¢$135.7K
- Income tax0¢$21
- Profit1¢$5.6K
Out of $715.3K in revenue.4
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $942.2K5 | $534.8K5 | $73.4K6 | $62.8K7 | $152.0K8 | $317.4K4 | $715.3K4 |
| Cost of revenue | $118.6K5 | $14.4K5 | $361.3K6 | $588.7K7 | $927.2K8 | $643.3K4 | $573.9K4 |
| Gross profit | $823.6K5 | $520.4K5 | -$287.9K6 | -$525.8K7 | -$775.2K8 | -$325.9K4 | $141.4K4 |
| Research and development | $103.4K9 | $66.0K6 | $36.2K7 | $36.3K7 | |||
| Operating expenses | $4.8M7 | $1.7M8 | $1.2M4 | $509.1K4 | |||
| Operating income | -$986.4K5 | -$693.2K9 | -$863.0K6 | -$5.4M7 | -$2.5M8 | -$1.5M4 | -$367.8K4 |
| Interest | $07 | $2.6K8 | $5.5K8 | ||||
| Income before tax | -$5.4M7 | -$2.7M8 | -$1.4M4 | -$8734 | |||
| Income tax | $8005 | $09 | $06 | $07 | $08 | $04 | $214 |
| Net income | -$1.8M5 | -$693.2K9 | -$846.2K6 | -$5.4M7 | -$2.6M8 | -$1.4M4 | $5.6K4 |
| Earnings per share | -$0.079 | -$0.039 | -$0.047 | -$0.028 | -$0.014 | $0.004 | |
| Earnings per share (diluted) | -$0.079 | -$0.039 | -$0.047 | -$0.028 | -$0.014 | $0.004 | |
| Shares (weighted, basic) | 144.6M shares7 | 152.9M shares8 | 150.9M shares4 | 151.1M shares4 | |||
| Shares (weighted, diluted) | 144.6M shares7 | 152.9M shares8 | 150.9M shares4 | 151.1M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $4.9K9 | $42.5K9 | $39.0K6 | $23.2K7 | $36.8K8 | $16.6K4 | $33.2K4 |
| Receivables | $19.8K7 | $156.6K8 | $16.8K4 | $5.4K4 | |||
| Current assets | $7.1K5 | $47.5K9 | $62.5K6 | $68.4K7 | $205.1K8 | $48.4K4 | $210.4K4 |
| Property, plant and equipment | $153.2K7 | $123.5K8 | $83.9K4 | $56.4K4 | |||
| Intangible assets | $06 | ||||||
| Total assets | $13.6K5 | $65.1K9 | $613.7K6 | $229.6K7 | $337.6K8 | $132.3K4 | $266.8K4 |
| Accounts payable | $537.0K7 | $530.2K8 | $60.4K4 | ||||
| Current liabilities | $564.5K5 | $1.7M9 | $3.1M6 | $5.0M7 | $2.9M8 | $4.1M4 | $4.3M4 |
| Long-term debt | $135.8K5 | $67.2K5 | |||||
| Total liabilities | $2.6M5 | $1.7M9 | $3.1M6 | $5.0M7 | $2.9M8 | $4.1M4 | $4.3M4 |
| Retained earnings | -$7.8M7 | -$10.6M8 | -$12.3M4 | -$12.7M4 | |||
| Shareholders’ equity | -$928.9K9 | -$1.6M6 | -$2.5M6 | -$4.8M7 | -$7.8M8 | -$9.6M4 | -$10.1M4 |
| Shares outstanding | 31.1M shares5 | 10.0M shares9 | 140.4M shares6 | 152.9M shares7 | 152.9M shares8 | 151.1M shares4 | 151.1M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$1.1M5 | -$516.3K9 | -$802.7K6 | -$1.7M7 | -$1.9M8 | -$1.3M4 | -$568.4K4 |
| Depreciation and amortization | $23.1K7 | $31.7K8 | $36.8K4 | $29.2K4 | |||
| Stock-based compensation | $3.1M7 | $07 | |||||
| Capital spending | $2.3K9 | $3.1K6 | $169.0K7 | $9.4K8 | $2.0K4 | $04 | |
| Free cash flow | -$518.6K | -$805.8K | -$1.9M | -$1.9M | -$1.3M | -$568.4K | |
| Cash from investing | -$172.8K7 | -$11.9K8 | -$2.0K4 | $04 | |||
| Share buybacks | |||||||
| Cash from financing | $1.8M7 | $1.9M8 | $1.4M4 | $605.5K4 |
What it owns
What Leet Technology Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $168.9K4 Dec 31, 2024 | $164.3K4 Dec 31, 2023 | +2.8% |
| Accumulated depreciation | $112.5K4 Dec 31, 2024 | $80.4K4 Dec 31, 2023 | +39.9% |
| Property and equipment, net | $56.4K4 Dec 31, 2024 | $83.9K4 Dec 31, 2023 | −32.7% |
| Operating-lease assets (leased space) | $08 Dec 31, 2023 | $9.0K8 Dec 31, 2022 | −100.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $33.2K4 Dec 31, 2024 | $16.6K4 Dec 31, 2023 | +100.5% |
Properties, in its own words
On August 1, 2017, the Company’s subsidiary, Leet Entertainment Sdn Bhd became a party to a Tenancy Agreement for the registered property of 502, 5th Floor, Menara Mutiara Majestic, No. 15, Jalan Othman 46000 Petaling Jaya, Selangor, Malaysia. On November 1, 2021, the Company became a party to a Tenancy Agreement for the registered property of 503, 5th Floor, Menara Mutiara Majestic, No. 15, Jalan Othman 46000 Petaling Jaya, Selangor, Malaysia.
The Company also utilizes space on a rent-free basis in the office located at Unite 805, 8th Floor, Menara Mutiara Majestic, Jalan Othman, Petaling Jaya 46000, Selangor, Malaysia which owns by Mr. Dai, Song, the director of the Company. The fair market value of the rent is RM1,500 per month. This arrangement is expected to continue until the foreseeable future.
Item 2 of the 10-K filed Mar 28, 2025.3
Leadership
Who has led Leet Technology Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerDai Song Oct 26, 2020 to Oct 26, 202013
- Chief executive officerDavid Haridim Jan 10, 2019 to Jan 10, 201914
- Chief executive officerLaurence Wainer Oct 27, 2015 to May 3, 201615
- PresidentLaurence Wainer Feb 9, 2015 to Feb 9, 201516
- Chief financial officerDai Song Oct 26, 2020 to Oct 26, 202013
- Chief financial officerDavid Haridim Jan 10, 2019 to Jan 10, 201914
- Chief financial officerLaurence Wainer Oct 27, 2015 to May 3, 201615
Board members and other officers (3)
- Board memberDai Song Oct 26, 2020 to Dec 13, 202213
- Board memberDavid Haridim Jan 10, 2019 to Jan 10, 201914
- Board memberLaurence Wainer Feb 9, 2015 to May 3, 201616
Former names
Timeline
- May 2, 20258-K Entered a material agreement; Completed an acquisition or sale; Change to shareholders' rights17
- Aug 13, 20248-K Executive or director change18
- Jan 4, 20248-K Change of auditor19
- Jun 20, 20238-K Executive or director change20
- Jun 7, 20238-K Executive or director change21
- May 30, 20238-K Other events22
- May 30, 20238-K Change of auditor23
- Jan 18, 20238-K Entered a material agreement; Completed an acquisition or sale; Change to shareholders' rights24
- Dec 15, 20228-K Other events25
- Dec 15, 20228-K Shareholder vote26
- Nov 10, 20228-K Entered a material agreement; New debt or obligation27
- Nov 9, 20228-K Ended a material agreement28
- Oct 26, 2020New chief executive Dai Song becomes CEO13
- Jan 10, 2019New chief executive David Haridim becomes CEO14
- Oct 27, 2015New chief executive Laurence Wainer becomes CEO15
Filings
53 filings to the SEC since October 2021: 5 annual reports, 13 quarterly reports, 21 major events, 1 insider forms, 13 other. The latest 20:
- Jun 25, 202515-12G EDGAR
- May 15, 202510-Q FORM 10-Q FOR MAR 2025 EDGAR
- May 2, 20258-K EDGAR
- Mar 31, 202510-K/A AMENDMENT NO 1 EDGAR
- Mar 28, 202510-K FORM 10-K FOR DEC 2024 EDGAR
- Nov 14, 202410-Q FORM 10-Q FOR SEPT 2024 EDGAR
- Aug 16, 202410-Q FORM 10-Q FOR JUNE 2024 EDGAR
- Aug 13, 20248-K EDGAR
- Aug 13, 2024NT 10-Q EXTENSION EDGAR
- May 20, 202410-Q FORM 10-Q FOR MARCH 2024 EDGAR
- May 6, 2024NT 10-Q FORM 12B-25 EDGAR
- Apr 15, 202410-K FORM 10-K FOR 12-31-23 EDGAR
- Mar 27, 2024NT 10-K EXTENSION EDGAR
- Jan 4, 20248-K CURRENT REPORT EDGAR
- Dec 28, 202310-Q FORM 10-Q FOR SEPT 2023 EDGAR
- Nov 20, 202310-Q FORM 10-Q FOR JUNE 2023 EDGAR
- Nov 14, 2023NT 10-Q REQUEST FOR EXTENSION EDGAR
- Oct 6, 202310-Q EDGAR
- Aug 15, 2023NT 10-Q REQUEST FOR EXTENSION EDGAR
- Aug 7, 202310-K EDGAR
The 53 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How Leet Technology Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLeet Technology Inc.1
- CIK0001586495
- Employer ID (EIN)46-35908503
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address805, 8Th Floor, Menara Mutiara Majestic, Jalan Othman, Petaling Jaya, Selangor, N8 460001
- Phone603 7783 16361
- Shares outstanding151,096,262 as of May 15, 202512
- Public float$7.6M as of Jun 30, 20243
- AuditorJP CENTURION & PARTNERS PLT, Kuala Lumpur, Malaysia PCAOB ID 6723; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceSep 30, 20131
- Filings226 in all: 8-K (76), 10-Q (34), NT 10-Q (16), 10-K (12), 10-Q/A (10), 4 (9), UPLOAD (8), CORRESP (7)1
All 33 form types
NT 10-K (7), SC 13D (6), 3 (5), S-1/A (5), 10-K/A (3), SC 13G (3), 10-12G/A (2), D (2), DEF 14C (2), PRE 14C (2), S-8 (2), SC 13G/A (2), 1-A (1), 1-A-W (1), 1-A/A (1), 10-12G (1), 15-12G (1), 424B5 (1), D/A (1), DEF 14A (1), DEFR14A (1), EFFECT (1), PRE 14A (1), S-1 (1), SC 14F1 (1)
- Latest filingsAnnual report (10-K) Mar 28, 2025
Quarterly report (10-Q) May 15, 2025
Proxy statement (DEF 14A) Nov 29, 2022
Latest 8-K (8-K) May 2, 2025
Risk factors and legal proceedings
The risks Leet Technology Inc. names in Item 1A of its 10-K filed Mar 28, 2025: 17 risks under these headings, as written.3
- General Risks Relating to our Business, Operations of Financial Condition
- We are an early-stage company operating in a newly developing industry with limited resources.
- We have a history of net losses, may incur substantial net losses in the future and may not achieve profitability.
- Our operating losses and working capital deficiency raise substantial doubt about our ability to continue as a going concern. If we do not continue as a going concern, investors could lose their entire investment.
- Increasing competition within our emerging industry could have an impact on our business prospects.
- Our operating results may fluctuate in future periods, which may adversely affect our stock price.
- The markets in which we compete are intensely competitive.
- Industry consolidation may lead to increase competition and may harm our operating results.
- Economic conditions in certain international markets could adversely affect demand for the products we sell.
- The e-sports industry has historically been relatively sensitive to external pressure; potentially affected by level of prize pools, introduction of new games, consoles, and technologies that may negatively impact the demand for existing products or our pre-owned businesses.
- Technological advances in the tools that facilitate an e-sports competition, as well as changes in consumer behavior related to these new technologies, have and may continue to lower our sales.
- If we fail to keep pace with changing industry technology and consumer preferences, we will be at a competitive disadvantage.
The other 5 risks
- As a seller of certain consumer products, we are subject to various federal, state, local, and international laws, regulations, and statutes.
- Failure to attract and retain executive officers and other key personnel could materially adversely affect our financial performance.
- The market price of our common stock is volatile and may continue to fluctuate significantly, which could result in substantial losses for stockholders.
- Future sales of our common stock could cause dilution, and the sale of such common stock, or the perception that such sales may occur, could cause the price of our stock to decline.
- Regulation of penny stocks.
Legal proceedings
We may from time to time be subject to legal and administrative proceedings and claims that arise in the ordinary course of business. We are currently involved in one legal proceeding in the Philippines at the National Labor Relations Commission (NLRC). On July 04 2024, the NLRC rendered its decision partially against the Company. On January 14, 2025, the NLRC ordered a writ of execution to be issued against the Company. We do not believe that any claims exist where the outcome of such matters would have a material adverse effect on our operations and such legal proceedings will not have a material impact on future results.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARDai Song, Chief executive officer
- 14
- 15
- 16SEC EDGARLaurence Wainer, President
- 17
- 18SEC EDGARExecutive or director change
- 19SEC EDGARChange of auditor
- 20SEC EDGARExecutive or director change
- 21SEC EDGARExecutive or director change
- 22SEC EDGAROther events
- 23SEC EDGARChange of auditor
- 24
- 25SEC EDGAROther events
- 26SEC EDGARShareholder vote
- 27
- 28SEC EDGAREnded a material agreement