v3.26.1
INTANGIBLE ASSETS
9 Months Ended
May 31, 2026
Accounting Policies [Abstract]  
INTANGIBLE ASSETS

5. INTANGIBLE ASSETS

 

Intangible assets were made up of the following as of the balance sheets dates:

 

    Estimated Useful Life (years)   May 31, 2026   August 31, 2025
Software   3   $ 42,000   $ -
Website   3     44,335     23,500
          86,335     23,500
Accumulated amortization         12,617     -
Net book value       $ 73,718   $ 23,500
                 

In August 2025 and February 2026, the Company capitalized website development costs of $23,500 and $20,835, respectively, which is being amortized over a three-year life. The company recorded amortization expense of $7,611 for the nine months ended May 31, 2026, and no amortization expense for the period from January 14, 2025 (Inception) through August 31, 2025.

 

In January 2026 the Company capitalized software development costs of $42,000, which is being amortized over a three-year life. The company recorded amortization expense of $5,005 for the nine months ended May 31, 2026.

 

The Company expects to recognize amortization expense for the capitalized website development costs of future years as follows:

 

For the fiscal year ending: Amortization Expense
August 31, 2026 (remaining) $7,194
August 31, 2027 $28,778
August 31, 2028 $28,779
August 31, 2029 $8,967