NOTE 13 – CONCENTRATION RISK |
9 Months Ended |
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May 31, 2026 | |
| Risks and Uncertainties [Abstract] | |
| NOTE 13 – CONCENTRATION RISK | NOTE 13 – CONCENTRATION RISK
Concentration
For the nine months ended May 31, 2026, 25%, 23%, 16%, 15% and 10% of the total revenue were generated from five customers, respectively. For the nine months ended May 31, 2025, 40%, 33% and 20% of the total revenue were generated from three customers, respectively.
As of May 31, 2026, 70% and 29% of the Company’s accounts receivable balances were receivable from two customers, respectively. As of August 31, 2025, 50%, 28% and 17% of the Company’s accounts receivable balances were receivable from three customers, respectively.
For nine months ended May 31, 2026, 74% and 15% of the total purchase was from two suppliers. For the nine months ended May 31, 2025, and 15% of the total purchase was from two suppliers. Management monitors the relationship with this supplier and believes that alternative sources are available if necessary, although any disruption could temporarily affect the Company’s ability to acquire new content.
Credit risk
Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash deposits. In the United States, deposits at each financial institution are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor. As of May 31, 2026 and August 31, 2025, the Company maintained cash balances of $115,836 and $13,691, respectively, at financial institutions located in the United States. Management believes that these financial institutions are of high credit quality and continually monitors their creditworthiness to mitigate potential risks of loss.
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