Intangible Assets

The Company follows the provisions of ASC 985, “Software”, which requires that all costs relating to the purchase or internal development and production of software products to be sold, leased or otherwise marketed, be expensed in the period incurred unless the requirements for technological feasibility have been established. The Company capitalizes all eligible software costs incurred once technological feasibility is established.

In November 2022 and August 2024, the Company acquired databases for $100,875 and $28,500, respectively. In May 2025, the Company acquired a Really Simple Syndication (“RSS”) Feeds to expand its databases for $24,000. The databases with RSS feeds will be amortized on a straight-line basis over the three years. As of May 31, 2025 and August 31, 2024, accumulated amortization of databases was $92,235 and $59,891, respectively.

In December 2024, the Company capitalized website update costs for $15,540. The website update costs will be amortized on a straight-line basis over the three years. As of May 31, 2025 and August 31, 2024, accumulated amortization of intangible assets was $2,158 and $0, respectively.

In May 2025, the Company acquired an Application Programming Interface (“API”) for $35,200. The API costs will be amortized on a straight-line basis over the three years. As of May 31, 2025 and August 31, 2024, accumulated amortization of intangible assets was $347 and $0, respectively.

As of May 31, 2025 and August 31, 2024, the total amount of intangible assets comprised of databases, website update costs and API was $204,115 and $129,375, respectively. During the nine months ended May 31, 2025 and 2024 the Company recorded amortization expense of $34,849 and $25,219, respectively.