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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.