v3.26.1
OPERATING LEASES (Tables)
 12 Months Ended
May 31, 2026
Operating Leases  
SUMMARY OF OPERATING LEASES ASSETS AND LIABILITIES

The following table provides a summary of leases as of May 31, 2026 and May 31, 2025:

 

Assets/liabilities  Classification 

May 31, 2026

$

  

May 31, 2025

$

 
Assets           
Operating lease right-of-use assets  Operating lease assets   32,131    13,075 
              
Liabilities Current             
Operating lease liability - current  Current operating lease liabilities   23,279    13,611 
              
Long-term             
Operating lease liability – net of current portion  Long-term operating lease liabilities   8,852    - 
              
Total lease liabilities      32,131    13,611 
SCHEDULE OF OPERATING LEASE EXPENSE

The operating lease expense for the year ended May 31, 2026 and 2025 were as follows:

 

      As of May 31, 
Lease cost  Classification  2026   2025 
      $   $ 
Operating lease cost  General and administrative Expenses   52,281    77,837 
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of operating lease liabilities as of May 31, 2026 were as follows:

 

Maturity of Lease Liabilities 

Operating Leases

$

 
2027   23,816 
2028   8,978 
Total lease payments   32,794 
Less: interest   (663)
Present value of lease payments   32,131 

 

Maturities of operating lease liabilities as of May 31, 2025, were as follows:

 

Maturity of Lease Liabilities 

Operating Leases

$

 
Remaining of 2026   13,707 
2027   - 
Total lease payments   13,707 
Less: interest   (96)
Present value of lease payments   13,611 
SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO OPERATING LEASES

Supplemental information related to operating leases was as follows:

 

  

For The Year Ended

May 31,

 
   2026   2025 
   $   $ 
Cash paid for amounts included in the measurement of lease liabilities   52,566    73,690 
New operating lease assets obtained in exchange for operating lease liabilities   70,801    17,463 
Weighted average remaining lease term   0.72 year    0.29 year 
Weighted average discount rate   3.00%   4.75%