NOTE 7 – LEASES
The following table presents
net lease cost and other supplemental lease information:
SCHEDULE
OF LEASE COST AND OTHER SUPPLEMENTAL LEASE INFORMATION
| | |
Six Months Ended May 31, 2025 | |
| Lease cost | |
| | |
| Operating lease cost (cost resulting from lease payments) | |
$ | 1,500 | |
| Short term lease cost | |
| - | |
| Sublease income | |
| - | |
| Net lease cost | |
$ | 1,500 | |
| | |
| | |
| Operating lease – operating cash flows (fixed payments) | |
$ | 1,500 | |
| Operating lease – operating cash flows (liability reduction) | |
$ | 1,385 | |
| Current leases – right of use assets | |
$ | 15,807 | |
| Current liabilities – operating lease liabilities | |
$ | 15,859 | |
| Non-current liabilities – operating lease liabilities | |
$ | - | |
| | |
Six Months Ended May 31, 2024 | |
| Lease cost | |
| | |
| Operating lease cost (cost resulting from lease payments) | |
$ | 21,000 | |
| Short term lease cost | |
| - | |
| Sublease income | |
| - | |
| Net lease cost | |
$ | 21,000 | |
| | |
| | |
| Operating lease – operating cash flows (fixed payments) | |
$ | 21,000 | |
| Operating lease – operating cash flows (liability reduction) | |
$ | 20,529 | |
| Current leases – right of use assets | |
$ | 19,900 | |
| Current liabilities – operating lease liabilities | |
$ | 20,696 | |
| Non-current liabilities – operating lease liabilities | |
$ | - | |
|