v3.26.1
Segment Information
 9 Months Ended
May 31, 2026
Segment Information  
Segment Information

14. Segment Information

 

The Company has one reportable segment: IP licensing. The IP licensing segment generates revenue from customers by licensing its proprietary DehydraTECH technology.

 

The IP licensing segment's accounting policies are the same as those described in the summary of significant accounting policies at Note 2.

 

The chief operating decision maker, our Chief Executive Officer, assesses performance of the IP Licensing segment and makes resource allocation decisions based on cash flows that are also reported on the Consolidated Statements of Cash Flows.

 

The measure of segment assets is reported on the balance sheet as consolidated total assets.

 

The measure of segment profit or loss is net loss as per the Consolidated Statements of Operations and Comprehensive Loss.

 

The Company invested in additions to intellectual property and purchases of equipment totaling $46,445 and $40,816, respectively, during the nine months ended May 31, 2026, and $60,496 and $24,645, respectively during the nine months ended May 31, 2025.

 

 

 

Nine months Ended

May 31,

 

IP Licensing Segment

 

2026

 

 

2025

 

Licensing revenue

 

$20,000

 

 

$522,000

 

less:

 

 

 

 

 

 

 

 

Research and Development

 

 

2,117,562

 

 

 

6,356,637

 

Consulting

 

 

333,355

 

 

 

453,690

 

Wages & Salaries

 

 

1,086,706

 

 

 

1,468,759

 

Legal and professional

 

 

483,164

 

 

 

295,252

 

Accounting and audit

 

 

178,299

 

 

 

154,638

 

Advertising and promotions

 

 

279,467

 

 

 

388,128

 

Depreciation and amortization

 

 

55,166

 

 

 

66,426

 

Office and miscellaneous (a)

 

 

466,828

 

 

 

454,739

 

Travel

 

 

28,691

 

 

 

50,171

 

Impairment Loss 

 

 

-

 

 

 

33,540

 

Other income (loss)

 

 

(19,475 )

 

 

(22,066 )

Segment net loss

 

$(5,028,713 )

 

$(9,222,046 )

 

 

 

 

 

 

 

 

 

Reconciliation of profit and loss:

 

 

 

 

 

 

 

 

B2B revenue

 

 

-

 

 

 

9,923

 

less:

 

 

 

 

 

 

 

 

B2B cost of sales

 

 

-

 

 

 

2,720

 

B2B operating expenses

 

 

10,100

 

 

 

(637 )

Consolidated net loss before income taxes

 

$(5,038,813 )

 

$(9,214,206 )

 

(a) Office and miscellaneous expense includes office expense, foreign currency exchange gains and losses, and other overhead expenses.