NOTE 4 – INTANGIBLE ASSETS

On April 5, 2023, the Company entered into a Software Acquisition Agreement with eXPO Financial Services LLC pursuant to which the Company acquired all rights, title, and interest in a proprietary software platform known as the eXPO (electronic eXchange portal) for a total purchase price of $100,000, which was paid in full as of January 31, 2024.

The acquired software platform was a complete product that was ready for its intended use upon acquisition. Software-related costs incurred during the fiscal year ended January 31, 2026 represented customizations that did not constitute significant modifications or enhancements to the platform’s functionality and were expensed as incurred. The Company did not capitalize any software development costs during the periods presented.

The acquired software is recorded as an intangible asset at cost. The Company evaluates its intangible assets for impairment in accordance with ASC 360, Property, Plant, and Equipment, whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

As of January 31, 2026 and 2025, no impairment has been identified.

The Company expects to amortize the software over an estimated useful life of three years once the asset is placed into service. As of January 31, 2026, the software has not been placed into service and, accordingly, no amortization expense has been recognized.