| NOTE 15 – SEGMENT INFORMATION |
NOTE 15 – SEGMENT INFORMATION
The Company follows FASB ASC Topic 280, Segment
Reporting, as amended by ASU 2023-07. The Company’s Chief Operating Decision Maker (“CODM”), Mr. Deng, the Chief
Executive Officer, is responsible for evaluating operating results and allocating resources among the Company’s operating segments.
As a result of strategic business realignment, the Company has identified two reportable segments: the Copyrights and Licensing (“IP”)
segment and the Cinema segment.
The following table presents summarized financial
information by reportable segment for the nine months ended May 31, 2026 and 2025, respectively.
| NOTE 14 - SEGMENT INFORMATION - Financial Information
by Segment (Details) |
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IP Segment | |
Cinema Segment | |
Total |
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Nine months ended | |
Nine months ended | |
Nine months ended |
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May 31, 2026 | |
May 31, 2025 | |
May 31, 2026 | |
May 31, 2025 | |
May 31, 2026 | |
May 31, 2025 |
| Revenue | |
$ | 6,991,673 | | |
$ | 3,308,128 | | |
$ | 176,824 | | |
$ | 221,954 | | |
$ | 7,168,497 | | |
$ | 3,530,082 | |
| Costs of copyrights sold | |
| — | | |
| 1,510,921 | | |
| — | | |
| — | | |
| — | | |
| 1,510,921 | |
| Theatre operating costs | |
| — | | |
| — | | |
| 85,681 | | |
| 118,598 | | |
| 85,681 | | |
| 118,598 | |
| Depreciation and Amortization | |
| 3,468,840 | | |
| 850,996 | | |
| — | | |
| — | | |
| 3,468,840 | | |
| 850,996 | |
| Interest expense | |
| 209,964 | | |
| 40,041 | | |
| — | | |
| — | | |
| 209,964 | | |
| 40,041 | |
| Segment assets | |
| 10,006,176 | | |
| 6,368,028 | | |
| 122,293 | | |
| 109,704 | | |
| 10,128,469 | | |
| 6,477,732 | |
| Segment (loss) income | |
$ | (1,578,386 | ) | |
$ | 186,354 | | |
$ | (150,433 | ) | |
$ | (146,703 | ) | |
$ | (1,728,819 | ) | |
$ | 39,651 | |
The following table presents summarized financial
information by reportable segment for the three months ended May 31, 2026 and 2025, respectively.
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IP Segment | |
Cinema Segment | |
Total |
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Three months ended | |
Three months ended | |
Three months ended |
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May 31, 2026 | |
May 31, 2025 | |
May 31, 2026 | |
May 31, 2025 | |
May 31, 2026 | |
May 31, 2025 |
| Revenue | |
$ | 1,438,820 | | |
$ | 1,786,100 | | |
$ | 63,019 | | |
$ | 59,089 | | |
$ | 1,501,839 | | |
$ | 1,845,189 | |
| Costs of copyrights sold | |
| — | | |
| 780,871 | | |
| — | | |
| — | | |
| — | | |
| 780,871 | |
| Theatre operating costs | |
| — | | |
| — | | |
| 35,849 | | |
| 25,995 | | |
| 35,849 | | |
| 25,995 | |
| Depreciation and Amortization | |
| 1,445,886 | | |
| 595,278 | | |
| — | | |
| — | | |
| 1,445,886 | | |
| 595,278 | |
| Interest expense | |
| 147,863 | | |
| 36,468 | | |
| — | | |
| — | | |
| 147,863 | | |
| 36,468 | |
| Segment assets | |
| 10,006,176 | | |
| 6,368,028 | | |
| 122,293 | | |
| 109,704 | | |
| 10,128,469 | | |
| 6,477,732 | |
| Segment (loss) income | |
$ | (4,276,593 | ) | |
$ | (75,106 | ) | |
$ | (52,404 | ) | |
$ | (50,138 | ) | |
$ | (4,328,997 | ) | |
$ | (125,244 | ) |
AI ERA CORP. (FORMERLY KNOWN AS AB INTERNATIONAL
GROUP CORP.)
NOTES TO CONSOLIDATED FINANCIAL STTEMENTS
(Unaudited)
|