PREPAID EXPENSES |
9 Months Ended |
|---|---|
May 31, 2026 | |
| Prepaid Expenses | |
| PREPAID EXPENSES | NOTE 7 – PREPAID EXPENSES
Prepaid expenses consist primarily of a three-year technology support agreement contributed by the Director upon the Company's formation and initially recorded at a value of $1,800.
The prepaid asset is amortized on a straight-line basis over the contractual service period.
Amortization expense related to prepaid technology support for the nine months ended May 31, 2026 was $450.
The remaining prepaid balance as of May 31, 2026 was $1,300.
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