| Intangible assets |
6.
Intangible assets
During
the current period, the Company capitalized development costs related to internally generated software classified as intangible assets.
Schedule of cost and accumulated depreciation
| | |
Intangible assets | |
| Cost | |
| | |
| Balance, August 31, 2023 | |
$ | 2,057,525 | |
| Additions | |
| 1,112,399 | |
| Translation adjustment | |
| (1,794 | ) |
| Balance, August 31, 2024 | |
$ | 3,168,130 | |
| Additions | |
| 811,443 | |
| Translation adjustment | |
| (50,493 | ) |
| Balance, May 31, 2025 | |
$ | 3,929,080 | |
| | |
| | |
| Accumulated amortization | |
| | |
| Balance, August 31, 2023 | |
$ | 338,571 | |
| Amortization | |
| 616,532 | |
| Translation adjustment | |
| 1,252 | |
| Balance, August 31, 2024 | |
$ | 956,355 | |
| Amortization | |
| 430,391 | |
| Translation adjustment | |
| (12,716 | ) |
| Balance, May 31, 2025 | |
$ | 1,374,030 | |
| | |
| | |
| Net carrying value | |
| | |
| May 31, 2025 | |
$ | 2,555,050 | |
| August 31, 2024 | |
$ | 2,211,775 | |
Pineapple
Financial Inc.
Notes
to the Condensed Interim Consolidated Financial Statements for period ended May 31, 2025 - Unaudited
(Expressed
in US Dollars)
|