The discount rates reflect the estimated incremental borrowing rate, which includes an assessment of the credit rating to determine the rate that the Group would have to pay to borrow, on a collateralized basis for a similar term, an amount equal to the lease payments in a similar economic environment.

	For the year ended December 31, 2025			For the year ended December 31, 2024			For the year ended December 31, 2023
Lease cost
Operating lease cost		—			50,520		252,345
Short-term lease cost		—			3,374		65,221
Total lease cost	$	—		$	53,894		317,566

Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	98,448		$	120,824		389,365
Weighted-average remaining lease term – operating leases		0.2 years			1.2 years		1.9 years
Weighted-average discount rate – finance leases		—	%		—	%	—	%
Weighted-average discount rate – operating leases		8.0	%		8.0	%	8.0	%

Supplemental cash flow information and non-cash activity related to leases include the following in the years ended May 31:

	2025		2024
Cash paid on operating lease liabilities	$	42,052	$	40,827
Right of use assets acquired under operating leases	$	39,083	$	37,319

Schedule of Lease Terms and Discount Rates

Lease terms and assumed discount rates are as follows:

	May 31, 2025		May 31, 2024
Average lease term	1.6 years		1.6 years
Discount rate	10	%	10	%