v3.26.1
PROPERTY AND EQUIPMENT
9 Months Ended
May 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 6 – PROPERTY AND EQUIPMENT

 

Property and equipment consist primarily of office equipment contributed by the Director and are recorded at estimated fair value on the date of contribution.

 

Property and equipment are depreciated using the straight-line method over an estimated useful life of three years.

 

Depreciation expense for the nine months ended May 31, 2026 was approximately $4,347.

 

Property and equipment consisted of the following:

Schedule of property and equipment   
   May 31, 2026
Office equipment  $17,400 
Less: Accumulated depreciation   (4,540)
Property and equipment, net  $12,860 

 

Depreciation expense is included within operating expenses.