| Property and Equipment, Net |
| 6. |
PROPERTY AND EQUIPMENT, NET | Property and equipment, net, consisted of the following:
|
|
|
|
|
|
|
|
|
| |
|
As of May 31, |
|
| |
|
2025 |
|
|
2026 |
|
| |
|
US$ |
|
|
US$ |
|
Buildings |
|
|
394,290 |
|
|
|
416,852 |
|
Transportation equipment |
|
|
6,314 |
|
|
|
6,753 |
|
Furniture and education equipment |
|
|
193,822 |
|
|
|
237,972 |
|
Computer equipment and software |
|
|
215,109 |
|
|
|
260,563 |
|
Leasehold improvements |
|
|
490,484 |
|
|
|
620,212 |
|
Construction in progress |
|
|
26,852 |
|
|
|
68,084 |
|
|
|
|
|
|
|
|
|
|
| |
|
1,326,871 |
|
|
1,610,436 |
|
Less: accumulated depreciation |
|
|
(573,958 |
) |
|
|
(704,637 |
) |
Exchange differences |
|
|
14,433 |
|
|
|
(25,731 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
767,346 |
|
|
|
880,068 |
|
|
|
|
|
|
|
|
|
| Depreciation expenses for the years ended May 31, 2024, 2025 and 2026 were US$100,646, US$139,807 and US$171,743, respectively.
|