Revenue Disclosure |
6 Months Ended |
|---|---|
May 31, 2026 | |
| Notes | |
| Revenue Disclosure | NOTE 4 - REVENUE RECOGNITION
During the three months ended May 31, 2026, the Company recognized $40,575 of revenue related to consulting and strategic advisory services performed during April 2026 under a customer service arrangement. The Company also recognized cost of revenue of $20,146, primarily consisting of fees paid to related parties that performed a portion of the contracted services. The related invoice was issued on May 6, 2026, following completion of the services, and payment was received in full on May 15, 2026. Accordingly, no accounts receivable related to this arrangement were outstanding as of May 31, 2026.
The Company is acting as a principal in accordance with ASC 606. The Company recognized revenue on a gross basis as it controls the promised services before they are transferred to the customer and is primarily responsible for satisfying the performance obligations.
Revenue is recognized over time as the customer simultaneously receives and consumes the benefits of the services provided. Progress toward satisfaction of the performance obligations is measured based on the services performed during the billing period, which generally corresponds with the Company’s monthly invoicing. |