v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
May 31, 2026
May 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (1,728,819) $ 39,651
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Consulting fees paid in stock 131,800
Stock issued for officer compensation 884,326 400,000
Share-based compensation - officer 41,110
Depreciation of fixed asset 1,427 1,428
Amortization of intangible asset 3,467,411 849,568
Gain on change in fair value of derivative liability (98,998)
Amortization of discount 163,419
Accrued interest expense 21,143
Loss on change in fair value of warrant liabilities 3,093,820
Costs of copyrights sold 1,510,921
Imputed interest on loan from related parties 25,402 40,041
Non-cash lease expense (35,999) (32,372)
Changes in operating assets and liabilities:    
Accounts receivable (110,725) 514,277
Prepaid expenses 6,520 (10,808)
Purchase of intangible assets (5,453,871) (7,115,289)
Accounts payable and accrued liabilities 75,767 (17,181)
Deferred revenue 541,276 (57,000)
Net cash provided by (used in) operating activities 1,025,009 (3,876,764)
CASH FLOWS FROM FINANCING ACTIVITIES    
(Repayment to) proceeds from related party loan (2,573,344) 3,257,850
Proceeds from common stock issuances 802,980 650,000
Proceeds from convertible note 847,500
Net cash (used in) provided by financing activities (922,864) 3,907,850
Net increase in cash and cash equivalents 102,145 31,086
Cash and cash equivalents – beginning of period 13,691 64,430
Cash and cash equivalents – end of period 115,836 95,516
Supplemental Cash Flow Disclosures    
Cash paid for interest
Cash paid for income taxes
Non-Cash Investing and Financing Activities:    
Proceeds receivable from a private placement offset against purchase obligation of intangible assets 97,600
Repurchase of common shares through non-cash settlement by increasing amounts due to a related party 675,000
Non-cash settlement of prepaid expenses through due to shareholders 129,000
Acquisition of intangible assets financed through accounts payable $ 1,200,000