SUMMARY OF ROU ASSET AND OPERATING LEASE LIABILITIES |
The
following is a summary of ROU asset and operating lease liabilities:
SUMMARY
OF ROU ASSET AND OPERATING LEASE LIABILITIES
| |
May
31, 2025 | | |
August
31, 2024 | |
Assets: | |
| | | |
| | |
ROU
asset | |
$ | 138,640 | | |
$ | 199,647 | |
| |
| | | |
| | |
Liabilities: | |
| | | |
| | |
Current: | |
| | | |
| | |
Operating
lease liabilities | |
$ | 97,619 | | |
$ | 99,445 | |
Operating lease liabilities current | |
$ | 97,619 | | |
$ | 99,445 | |
Non-current | |
| | | |
| | |
Operating
lease liabilities | |
| 46,870 | | |
| 108,891 | |
Operating
lease liabilities non current | |
| 46,870 | | |
| 108,891 | |
Total
lease liabilities | |
$ | 144,489 | | |
$ | 208,336 | |
Operating
lease liabilities | |
$ | 144,489 | | |
$ | 208,336 | |
|
The
following is a summary of ROU asset and operating lease liabilities:
SUMMARY OF ROU ASSET AND OPERATING LEASE LIABILITIES
| |
August 31, 2024 | | |
August 31, 2023 | |
Assets: | |
| | | |
| | |
ROU asset | |
$ | 199,647 | | |
$ | 271,021 | |
| |
| | | |
| | |
Liabilities: | |
| | | |
| | |
Current: | |
| | | |
| | |
Operating lease liabilities current | |
$ | 99,445 | | |
$ | 84,879 | |
Non-current | |
| | | |
| | |
Operating lease liabilities non
current | |
| 108,891 | | |
| 198,163 | |
Total lease liabilities | |
$ | 208,336 | | |
$ | 283,042 | |
|
SCHEDULE OF MATURITIES OF LEASE LIABILITIES |
As
of May 31, 2025, the remaining maturities of lease liabilities were as follows:
SCHEDULE
OF MATURITIES OF LEASE LIABILITIES
| |
Operating
lease | |
2026 | |
$ | 97,619 | |
2027 | |
| 46,870 | |
2 year | |
| | |
3 year | |
| | |
4 year | |
| | |
Year 4 & Thereafter | |
| | |
Total | |
$ | 144,489 | |
|
As
of August 31, 2024, the remaining maturities of lease liabilities were as follows:
SCHEDULE OF MATURITIES OF LEASE LIABILITIES
| |
Operating lease | |
Remainder of fiscal year | |
| | |
2025 | |
$ | 99,445 | |
1 year | |
$ | 99,445 | |
2026 | |
| 79,016 | |
2 year | |
| 79,016 | |
2027 | |
| 29,875 | |
3 year | |
| 29,875 | |
2028 | |
| - | |
4 year | |
| - | |
2029 and thereafter | |
| - | |
Year 4 & Thereafter | |
| - | |
Total | |
$ | 208,336 | |
|