v3.26.1
INTANGIBLE ASSETS
9 Months Ended
May 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

 

Intangible assets consist primarily of the Company's proprietary digital platform and brand, MMM Neural, previously contributed by the Director and recorded at an estimated fair value of $46,500.

 

The intangible assets are amortized using the straight-line method over an estimated useful life of three years.

 

Amortization expense for the nine months ended May 31, 2026 was approximately $11,625.

 

As of May 31, 2026, the carrying value of intangible assets was as follows:

Intangible asset schedule   
   May 31, 2026
Gross carrying amount  $46,500 
Less: Accumulated amortization   (11,883)
Intangible assets, net  $34,617 

 

Amortization expense is included within operating expenses.