NOTE 7 – INTANGIBLE ASSET

The Company accounts for its intangible assets in accordance with ASC 350-40, “Internal-Use Computer Software - Computer Software Developed or Obtained for Internal Use,” and ASC 360-10, “Accounting for the Impairment or Disposal of Long-Lived Assets.” ASC 350-40 requires assets to be carried at the cost of developing the asset and requires that an intangible asset be amortized over its useful life and that the useful life be assessed at each reporting period to determine whether events or circumstances require a revision of the remaining useful life. If the useful life estimate changes, the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life.

The Company capitalized $70,400 in website development costs, amortized over five years at $14,080 per year. Website development occurred between August 29, 2023 and February 29, 2024

12

In September 2024, the Company began developing the Social Media Content Generator AI API with a budget of $133,750. As of June 30, 2025, the development has been fully completed, and the total amount of $133,750 has been capitalized as intangible assets. The API was officially launched on the Company’s website on May 1, 2025. These capitalized costs are being amortized on a straight-line basis over a five-year period beginning May 2025 at $25,950 per year.

Consequently, total intangible assets as of June 30, 2025 were $200,150.