v3.26.1
Revenues
9 Months Ended
May 31, 2026
Revenues  
Revenues

10. Revenues

 

A breakdown of our revenues by type for the nine months ended May 31, 2026, and May 31, 2025, are as follows:

 

 

 

Nine months Ended

May 31

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

IP Licensing

 

$20,000

 

 

$522,000

 

B2B

 

 

-

 

 

 

9,923

 

Total

 

$20,000

 

 

$531,923

 

 

The Company recognized $20,000 and $522,000 in licensing revenue for the nine months ended May 31, 2026, and May 31, 2025, respectively. Licensing revenue consists of IP licensing fees for transfer of the DehydraTECH technology in line with definitive agreements and includes non-refundable minimum performance fees. During the nine-month period ended May 31, 2026, and May 31, 2025, the Company recognized B2B product revenues of $0 and $9,923, respectively, that relate to sales of our intermediate products for use by B2B customers in their products.