v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
1 Months Ended 6 Months Ended 12 Months Ended
Nov. 30, 2024
May 31, 2026
May 31, 2025
Nov. 30, 2025
Cash flows from operating activities:        
Net loss   $ (2,643,046) $ (312,603)  
Adjustments to reconcile net loss to net cash used in operating activities:        
Amortization of intangible assets   27,600 27,600  
Depreciation of plant and equipment   22,672 96,736  
Plant and equipment written off   9,340    
Accrued interest income   (425,382)    
Deferred tax (benefit)     (106,698)  
Accrued current income tax expense   (1,600) 800  
Changes in operating assets and liabilities:        
Decrease in accounts receivable   13,906 7,642  
Decrease in prepaid D&O insurance   71,098    
(Decrease) increase in prepaid expenses and other current assets   (1,225,300) 89,860  
(Decrease) increase in accounts payable   5,429 (92)  
Decrease in other payables and other current liabilities   (199,367) (97,297)  
Net cash used in operating activities   (4,344,650) (294,052)  
Cash flows from investing activities:        
Purchase of property and equipment   (6,418)    
Repayments from loans to non-related companies   350,000    
Net cash provided by investing activities   343,582    
Cash flows from financing activities:        
Proceeds from issuance of common stock under private placement agreement   8,000,000    
Payment for deferred listing cost     (296,078)  
Repayments made to a related party     (5,000)  
Capital contributions from a shareholder $ 589,000   480,000 $ 630,000
Repayment to premium finance   (71,470)    
Net cash provided by financing activities   7,928,530 178,922  
Net increase (decrease) in cash   3,927,462 (115,130)  
Cash, beginning of period   1,308,529 170,157 170,157
Cash, end of period $ 170,157 5,235,991 $ 55,027 $ 1,308,529
Supplemental cash flow information        
Cash paid for interest   $ 10,549