NOTE 9 – UNEARNED REVENUE

As of October 31, 2024, the Company recorded the full amount of the MUY HOUSE contract ($50,000) as unearned revenue, as no services had yet been delivered.

In accordance with ASC 606, the Company recognizes revenue as performance obligations are satisfied. On April 30, 2025, pursuant to an executed amendment, all services under the agreement were deemed delivered. The full $50,000 was reclassified from unearned revenue to earned revenue as of that date.

In addition, effective May 1, 2025, the Company entered into an offset arrangement with MUY HOUSE pursuant to which the entire outstanding accounts payable of $20,000 arising from the logo and branding services agreement dated October 1, 2024 was to be satisfied through the provision of advertising and marketing services by the Company to MUY HOUSE, to be performed on an as-requested basis over time.

In accordance with ASC 606, revenue is recognized as performance obligations are satisfied. During the period from May 1, 2025 through July 31, 2025, the Company performed advertising and marketing services under the offset arrangement and recognized $3,333 of revenue based on services actually rendered during that period.

No services were performed under the offset arrangement during the period from August 1, 2025 through October 31, 2025. Accordingly, no additional revenue was recognized during that period.

As of October 31, 2025, unearned revenue related to the MUY HOUSE arrangement totaled $16,667, representing the portion of the contract for which performance obligations had not yet been satisfied as of the reporting date.