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10-K true 2026-05-31 --05-31 false 000-55957 WEWARDS, INC. NV 33-1230099 3305 Spring Mountain Road Suite 104 Las Vegas NV 89102 702 944-5599 Common Stock No No Yes Yes Non-accelerated Filer true false false false false 12934300 107483450 Risk Management and Strategy We periodically assess risks from cybersecurity threats, and monitor our information systems for potential vulnerabilities. However, to date, given the small size of our company and the nature of our operations, our reliance on information systems has been limited to the use of standard off-the-shelf software (such as Google, QuickBooks and Microsoft Office) and the use by our employees of standard personal computers. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_904_ecyd--CybersecurityRiskManagementProcessesIntegratedTextBlock_c20250601__20260531_zPB9C5GLbtS6">Accordingly, management has <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbF_c20250601__20260531_zmSMNXBj1tW5">not implemented any formal process for assessing, identifying, and managing risks from cybersecurity threats. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantTextBlock_c20250601__20260531_zA4gXvjWr2Uc">Risks from cybersecurity threats have, to date, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90B_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_dbF_c20250601__20260531_zELM9vjDyFp3">not materially affected us, our business strategy, results of operations or financial condition. We discuss how cybersecurity incidents could materially affect us in our risk factor disclosures in Item 1A of this Annual Report on Form 10-K. Accordingly, management has <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbF_c20250601__20260531_zmSMNXBj1tW5">not implemented any formal process for assessing, identifying, and managing risks from cybersecurity threats. false Risks from cybersecurity threats have, to date, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90B_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_dbF_c20250601__20260531_zELM9vjDyFp3">not materially affected us, our business strategy, results of operations or financial condition. We discuss how cybersecurity incidents could materially affect us in our risk factor disclosures in Item 1A of this Annual Report on Form 10-K. false Governance As discussed above, given the nature of our current operations and our experience to date, we do not currently perceive cybersecurity as a particularly significant risk to our business. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_908_ecyd--CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250601__20260531_zsiDIyVwNCZd">Accordingly, we have not tasked our Board of Directors with any additional cybersecurity oversight duties, or designated any committee of the Board of Directors to specifically oversee cybersecurity risks to our business. Accordingly, we have not tasked our Board of Directors with any additional cybersecurity oversight duties, or designated any committee of the Board of Directors to specifically oversee cybersecurity risks to our business. 2738 M&K CPAS, PLLC Woodlands, TX

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<p id="xdx_80E_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_zB3MeyjPvyFh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">NOTE 1 – NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES Nature of Business Wewards, Inc. (“Wewards” or “the Company”) was incorporated in the state of Nevada on September 10, 2013 as Betafox Corp., with the initial intent to manufacture and sell color candles. On April 26, 2015, Giorgos Kallides (the “Seller”), entered into an agreement with Future Continental Limited (“Purchaser”), pursuant to which, on May 11, 2015, the Seller sold to Purchaser six million (6,000,000) shares of common stock of the Company (the “Shares”) owned by the Seller, constituting approximately 73.8% of the Company’s 8,130,000 issued and outstanding common shares at such time, for $340,000. In October 2015, the Purchaser sold the 6,000,000 Shares to Mr. Lei Pei, an affiliate of the Purchaser, in consideration of Mr. Pei’s agreement to serve as our director and CEO. On January 8, 2018, by consent of Lei Pei as the Company’s principal shareholder, the Company changed its name to Wewards, Inc. The Company’s corporate office is located in Las Vegas, Nevada. The Company has developed, and is the owner of a web-based platform, accessible by mobile apps (the “Platform”) that will enable consumers to purchase goods from merchants and earn rebates payable in the form of Bitcoin. The Platform provides an innovative Bitcoin rewards ecosystem. It is designed to transform traditional concepts of commerce into a cooperative society where both merchants and consumers are collaborating, utilizing Bitcoin to reward consumers. The ecosystem provides consumers with rewards each time they complete a challenge defined by a merchant. This is intended to make the ecommerce process beneficial to all market participants, and to help distribute commercial wealth among and between the merchants and consumers. The Company intends to generate revenue by licensing “white-label” versions of the Platform to third parties. On April 2, 2020, we purchased intellectual property rights (“IP”) from United Power, a Nevada corporation under common ownership with Lei Pei, our sole officer and director and majority shareholder, for cash consideration of $179,300, based on a price determined by an independent valuation. The IP consists of technology and related rights associated with the game Megopoly, an MMO (Massively Multiplayer Online Game). Megopoly is an MMO board game where players are able to earn fractions of Bitcoins (satoshi) through buying, selling, and managing virtual real estate properties using in-game currency (Megopoly Coins). The game is similar in some respects to Monopoly. The game allows players around the world to interact with each other online. Players travel (move) through different parts of a city, earning profit by investing in properties, charging rent, acquiring bonus assets, and selling their properties to other players for in-game currency. A player is able to progress to higher levels of “cities” at any time. The player’s goal in Megopoly is to earn Megopoly Coins by investing in properties and collecting rent from other players. Players can keep playing the game using their Megopoly Coins for the opportunity to earn more coins, or they can exchange those coins for Bitcoins based on real-time market exchange rates. Megopoly is playable at any time through a web browser on a PC, tablet or smart phone, in both Chinese and English. The game has been designed for players of all skill levels. To date, we have not generated any revenue from Megopoly other than pursuant to related party agreements as described below. The Company entered into an agreement in January of 2021 with Sandbx Corp., a company owned by the Chief Operating Officer of United Power and FL Galaxy, related parties to the Company, as our Chief Executive Officer, Lei Pei, is also the Chief Executive Officer of United Power and FL Galaxy, to further develop the Megopoly game, under which the Company paid Sandbx Corp. monthly fees of $168,500, resulting in $1,622,500 of related party software development costs for the year ended May 31, 2022. The development agreement with Sandbx Corp. was terminated with the completion of Megopoly in December of 2021. The Company did not generate any revenue, or incur any software development costs, during our fiscal years ended May 31, 2026 or 2025, and is now actively seeking licensing arrangements to bring the game to market. Basis of Accounting The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (SEC). All references to Generally Accepted Accounting Principles (“GAAP”) are in accordance with The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) and the Hierarchy of Generally Accepted Accounting Principles. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. Segment Reporting Under ASC 280, Segment Reporting, operating segments are defined as components of an enterprise where discrete financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), in deciding how to allocate resources and in assessing performance. The Company operates as a single1 segment, consisting of its software development operations in the United States. Therefore, the Company’s Chief Executive Officer, who is also the CODM, makes decisions and manages the Company’s operations based on the consolidated operating segment. Concentrations of Credit Risk The Company maintains cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. Accounts are guaranteed by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 under current regulations. The Company had approximately $443,290 in excess of FDIC insured limits at May 31, 2025. The Company has not experienced any losses in such accounts. Fair Value of Financial Instruments The Company adopted ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosure requirements for fair value measures. The three levels are defined as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%; padding-right: 0.8pt; padding-left: 0.25in">-</td> <td style="width: 95%; padding-left: 0.25in; text-align: justify">Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 0.8pt; padding-left: 0.25in">-</td> <td style="padding-left: 0.25in; text-align: justify">Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 0.8pt; padding-left: 0.25in">-</td> <td style="padding-right: 0.8pt; padding-left: 0.25in; text-align: justify">Level 3 inputs to valuation methodology are unobservable and significant to the fair measurement.</td></tr> </table> The carrying value of cash, accounts payables and accrued expenses are estimated by management to approximate fair value primarily due to the short-term nature of the instruments. <p id="xdx_84B_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsIncludingIntangibleAssetsPolicyPolicyTextBlock_zVYultj8b1Vb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Impairment of Long-Lived Assets The Company reviews intangible assets for impairment when events or changes in circumstances indicate the carrying amount may not be recoverable. The Company measures recoverability of these assets by comparing the carrying amounts to the future undiscounted cash flows that the assets or the asset group are expected to generate. If the carrying value of the assets are not recoverable, the impairment recognized is measured as the amount by which the carrying value of the asset exceeds its fair value. Convertible Instruments The Company evaluates its convertible instruments, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under ASC Topic 815, “Derivatives and Hedging.” The result of this accounting treatment is that the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income (expense). Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815 are reclassified to liabilities at the fair value of the instrument on the reclassification date. We analyzed the derivative financial instruments (the Convertible Notes), in accordance with ASC 815. The objective is to provide guidance for determining whether an equity-linked financial instrument is indexed to an entity’s own stock. This determination is needed for a scope exception which would enable a derivative instrument to be accounted for under the accrual method. The classification of a non-derivative instrument that falls within the scope of ASC 815-40-05 “Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock” also hinges on whether the instrument is indexed to an entity’s own stock. A non-derivative instrument that is not indexed to an entity’s own stock cannot be classified as equity and must be accounted for as a liability. There is a two-step approach in determining whether an instrument or embedded feature is indexed to an entity’s own stock. First, the instrument's contingent exercise provisions, if any, must be evaluated, followed by an evaluation of the instrument's settlement provisions. The Company utilized multinomial lattice models that value the derivative liability within the notes based on a probability weighted discounted cash flow model. The Company utilized the fair value standard set forth by the Financial Accounting Standards Board, defined as the amount at which the assets (or liability) could be bought (or incurred) or sold (or settled) in a current transaction between willing parties, that is, other than in a forced or liquidation sale. Revenue Recognition The Company recognizes revenue in accordance with ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the licensing of our software by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. All revenues to date have been recognized from licensing Megopoly and related IP to Sandbx Corp., a separate company owned by the Chief Operating Officer of United Power and FL Galaxy, related parties of the Company, as our Chief Executive Officer, Lei Pei, is also the Chief Executive Officer of United Power and FL Galaxy. We derive revenue principally from licensing our intellectual property, including our game, and related extra content and services that can be utilized by players of our game. Our product and service offerings include, but are not limited to, licensing to third parties (“software license”) to distribute and host our games and content (“Online-Hosted Service Games”). For the years ended May 31, 2026 and 2025, there were no revenues recognized. We evaluate and recognize revenue by: • identifying the contract(s) with the customer; • identifying the performance obligations in the contract; • determining the transaction price; • allocating the transaction price to performance obligations in the contract; and • recognizing revenue as each performance obligation is satisfied through the transfer of a promised good or service to a customer (i.e., “transfer of control”). Online-Hosted Service Games. Sales of our Online-Hosted Service Games are determined to have one distinct performance obligation: the online hosting. We recognize revenue from these arrangements as the service is provided through our licensing agreement(s). Licensing Revenue We utilize third-party licensees to distribute and host our games and content in accordance with license agreements, for which the licensees typically pay us a fixed minimum guarantee and/or sales-based royalties. These arrangements typically include multiple performance obligations, such as a time-based license of software and future update rights. We recognize as revenue a portion of the minimum guarantee when we transfer control of the license of software (generally upon commercial launch) and the remaining portion ratably over the contractual term in which we provide the licensee with future update rights. Any sales-based royalties are generally recognized as the related sales occur by the licensee. Significant Judgments around Revenue Arrangements Identifying performance obligations. Performance obligations promised in a contract are identified based on the goods and services that will be transferred to the customer that are both capable of being distinct, (i.e., the customer can benefit from the goods or services either on its own or together with other resources that are readily available), and are distinct in the context of the contract (i.e., it is separately identifiable from other goods or services in the contract). To the extent a contract includes multiple promises, we must apply judgment to determine whether those promises are separate and distinct performance obligations. If these criteria are not met, the promises are accounted for as a combined performance obligation. Determining the transaction price. The transaction price is determined based on the consideration that we will be entitled to receive in exchange for transferring our goods and services to the customer. Determining the transaction price often requires judgment, based on an assessment of contractual terms and business practices. It further includes review of variable consideration such as discounts, sales returns, price protection, and rebates, which is estimated at the time of the transaction. In addition, the transaction price does not include an estimate of the variable consideration related to sales-based royalties. Sales-based royalties are recognized as the sales occur. Allocating the transaction price. Allocating the transaction price requires that we determine an estimate of the relative stand-alone selling price for each distinct performance obligation. Determining the relative stand-alone selling price is inherently subjective, especially in situations where we do not sell the performance obligation on a stand-alone basis (which occurs in the majority of our transactions). In those situations, we determine the relative stand-alone selling price based on various observable inputs using all information that is reasonably available. Examples of observable inputs and information include: historical internal pricing data, cost plus margin analyses, third-party external pricing of similar or same products and services such as software licenses and maintenance support within the enterprise software industry. The results of our analysis resulted in a specific percentage of the transaction price being allocated to each performance obligation. Determining the Estimated Offering Period. The offering period is the period in which we offer to provide the future update rights and/or online hosting for the game. Because the offering period is not an explicitly defined period, we must make an estimate of the offering period for the service-related performance obligations (i.e., future update rights and online hosting). Determining the Estimated Offering Period is inherently subjective and is subject to regular revision. Generally, we consider the specified contract period of our software licenses and therefore, the offering period is estimated to be over the term of the license. We recognize revenue for future update rights and online hosting performance obligations ratably on a straight-line basis over this period as there is a consistent pattern of delivery for these performance obligations. Software Development Costs The Company expenses software development costs, including costs to develop software products or the software component of products to be sold, leased, or marketed to external users, before technological feasibility is reached. Technological feasibility is typically reached shortly before the release of such products. Software development costs also include costs to develop software to be used solely to meet internal needs and cloud-based applications used to deliver our services. The Company capitalizes development costs related to these software applications once the preliminary project stage is complete and it is probable that the project will be completed, and the software will be used to perform the function intended. Capitalization ends, and amortization begins when the product is available for general release to customers. Stock-Based Compensation The Company accounts for equity instruments issued to employees in accordance with the provisions of ASC 718 Stock Compensation (ASC 718) and Equity-Based Payments to Non-employees pursuant to ASC 2018-07 (ASC 2018-07). All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the earlier of the date on which the counterparty's performance is complete or the date at which a commitment for performance by the counterparty to earn the equity instruments is reached because of sufficiently large disincentives for nonperformance. Basic and Diluted Loss Per Share Basic earnings per share (“EPS”) are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding for the period (the denominator). Diluted EPS is computed by dividing net income by the weighted average number of common shares and potential common shares outstanding (if dilutive) during each period. Potential common shares include stock options, warrants and restricted stock. The number of potential common shares outstanding relating to stock options, warrants and restricted stock is computed using the treasury stock method. For the periods presented, potential dilutive securities had an anti-dilutive effect and were not included in the calculation of diluted net loss per common share. Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided for significant deferred tax assets when it is more likely than not, that such asset will not be recovered through future operations. Uncertain Tax Positions In accordance with ASC 740, “Income Taxes” (“ASC 740”), the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be capable of withstanding examination by the taxing authorities based on the technical merits of the position. These standards prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. These standards also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Various taxing authorities may periodically audit the Company’s income tax returns. These audits include questions regarding the Company’s tax filing positions, including the timing and amount of deductions and the allocation of income to various tax jurisdictions. In evaluating the exposures connected with various tax filing positions, including state and local taxes, the Company records allowances for probable exposures. A number of years may elapse before a particular matter, for which an allowance has been established, is audited and fully resolved. The Company has not yet undergone an examination by any taxing authorities. The assessment of the Company’s tax position relies on the judgment of management to estimate the exposures associated with the Company’s various filing positions. Adoption of New Accounting Standards and Recently Issued Accounting Pronouncements From time to time, new accounting pronouncements are issued by the FASB that are adopted by the Company as of the specified effective date. If not discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company's financial statements upon adoption. Recently Adopted Accounting Standards In December 2023, the FASB issued Accounting Standards Update (“ASU”) 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The amendments in this ASU add specific requirements for income tax disclosures to improve transparency and decision usefulness. The guidance in ASU 2023-09 requires that public business entities disclose specific categories in the income tax rate reconciliation and provide additional qualitative information for reconciling items that meet a quantitative threshold. In addition, the amendments in ASU 2023-09 require that all entities disclose the amount of income taxes paid disaggregated by federal, state, and foreign taxes and disaggregated by individual jurisdictions. The ASU also includes other disclosure amendments related to the disaggregation of income tax expense between federal, state and foreign taxes. For public business entities, the amendments in this update are effective for annual periods beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. The amendments in this update should be applied on a prospective basis and retrospective application is permitted. The Company adopted ASU No. 2023-09 on June 1, 2025. Accounting Standards Not Yet Adopted In December 2025, the FASB issued ASU 2025-11, Interim Reporting—Narrow Scope Improvements, to provide clarity and navigability of interim reporting requirements, requiring entities to provide interim financial statements and notes in accordance with U.S. GAAP and added a comprehensive list of interim disclosures required by U.S. GAAP. The new standard is effective for interim periods within annual periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of this ASU on its financial statements and expects to adopt the new guidance in the third quarter of 2028. In September 2025, the FASB issued ASU 2025-06, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which modernizes the recognition and capitalization framework for internal-use software development costs in order to reflect current software development practices. The amendments also require Subtopic 360-10 disclosures for all capitalized internal-use software costs. This new standard is effective for our fiscal year beginning on June 1, 2028 and interim periods within that fiscal year and may be applied prospectively, retrospectively, or using a modified transition approach. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on our consolidated financial statements and disclosures. In November 2024, the FASB issued ASU 2024-03 and in January 2025, the FASB issued ASU 2025-01, “Income Statement - Reporting Comprehensive Income -Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses.” The guidance requires disclosures about specific expense categories, including but not limited to, purchases of inventory, employee compensation, depreciation, amortization and selling expenses. The ASU is effective in the first annual reporting period beginning after December 15, 2026, and for interim periods within annual reporting periods beginning after December 15, 2027. The Company is currently assessing the effect that adoption of this guidance will have on its Consolidated Financial Statements. We have reviewed all accounting pronouncements recently issued by the FASB and the SEC. The authoritative pronouncements that we have already adopted did not have a material effect on our financial condition, results of operations, cash flows or reporting thereof, and except as otherwise noted above, we do not believe that any of the authoritative pronouncements that we have not yet adopted will have a material effect upon our financial condition, results of operations, cash flows or reporting thereof.

Nature of Business Wewards, Inc. (“Wewards” or “the Company”) was incorporated in the state of Nevada on September 10, 2013 as Betafox Corp., with the initial intent to manufacture and sell color candles. On April 26, 2015, Giorgos Kallides (the “Seller”), entered into an agreement with Future Continental Limited (“Purchaser”), pursuant to which, on May 11, 2015, the Seller sold to Purchaser six million (6,000,000) shares of common stock of the Company (the “Shares”) owned by the Seller, constituting approximately 73.8% of the Company’s 8,130,000 issued and outstanding common shares at such time, for $340,000. In October 2015, the Purchaser sold the 6,000,000 Shares to Mr. Lei Pei, an affiliate of the Purchaser, in consideration of Mr. Pei’s agreement to serve as our director and CEO. On January 8, 2018, by consent of Lei Pei as the Company’s principal shareholder, the Company changed its name to Wewards, Inc. The Company’s corporate office is located in Las Vegas, Nevada. The Company has developed, and is the owner of a web-based platform, accessible by mobile apps (the “Platform”) that will enable consumers to purchase goods from merchants and earn rebates payable in the form of Bitcoin. The Platform provides an innovative Bitcoin rewards ecosystem. It is designed to transform traditional concepts of commerce into a cooperative society where both merchants and consumers are collaborating, utilizing Bitcoin to reward consumers. The ecosystem provides consumers with rewards each time they complete a challenge defined by a merchant. This is intended to make the ecommerce process beneficial to all market participants, and to help distribute commercial wealth among and between the merchants and consumers. The Company intends to generate revenue by licensing “white-label” versions of the Platform to third parties. On April 2, 2020, we purchased intellectual property rights (“IP”) from United Power, a Nevada corporation under common ownership with Lei Pei, our sole officer and director and majority shareholder, for cash consideration of $179,300, based on a price determined by an independent valuation. The IP consists of technology and related rights associated with the game Megopoly, an MMO (Massively Multiplayer Online Game). Megopoly is an MMO board game where players are able to earn fractions of Bitcoins (satoshi) through buying, selling, and managing virtual real estate properties using in-game currency (Megopoly Coins). The game is similar in some respects to Monopoly. The game allows players around the world to interact with each other online. Players travel (move) through different parts of a city, earning profit by investing in properties, charging rent, acquiring bonus assets, and selling their properties to other players for in-game currency. A player is able to progress to higher levels of “cities” at any time. The player’s goal in Megopoly is to earn Megopoly Coins by investing in properties and collecting rent from other players. Players can keep playing the game using their Megopoly Coins for the opportunity to earn more coins, or they can exchange those coins for Bitcoins based on real-time market exchange rates. Megopoly is playable at any time through a web browser on a PC, tablet or smart phone, in both Chinese and English. The game has been designed for players of all skill levels. To date, we have not generated any revenue from Megopoly other than pursuant to related party agreements as described below. The Company entered into an agreement in January of 2021 with Sandbx Corp., a company owned by the Chief Operating Officer of United Power and FL Galaxy, related parties to the Company, as our Chief Executive Officer, Lei Pei, is also the Chief Executive Officer of United Power and FL Galaxy, to further develop the Megopoly game, under which the Company paid Sandbx Corp. monthly fees of $168,500, resulting in $1,622,500 of related party software development costs for the year ended May 31, 2022. The development agreement with Sandbx Corp. was terminated with the completion of Megopoly in December of 2021. The Company did not generate any revenue, or incur any software development costs, during our fiscal years ended May 31, 2026 or 2025, and is now actively seeking licensing arrangements to bring the game to market.

6000000

0.738

8130000

340000

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Basis of Accounting The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (SEC). All references to Generally Accepted Accounting Principles (“GAAP”) are in accordance with The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) and the Hierarchy of Generally Accepted Accounting Principles.

Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Segment Reporting Under ASC 280, Segment Reporting, operating segments are defined as components of an enterprise where discrete financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), in deciding how to allocate resources and in assessing performance. The Company operates as a single1 segment, consisting of its software development operations in the United States. Therefore, the Company’s Chief Executive Officer, who is also the CODM, makes decisions and manages the Company’s operations based on the consolidated operating segment.

Concentrations of Credit Risk The Company maintains cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. Accounts are guaranteed by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 under current regulations. The Company had approximately $443,290 in excess of FDIC insured limits at May 31, 2025. The Company has not experienced any losses in such accounts.

250000

443290

Fair Value of Financial Instruments The Company adopted ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosure requirements for fair value measures. The three levels are defined as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%; padding-right: 0.8pt; padding-left: 0.25in">-</td> <td style="width: 95%; padding-left: 0.25in; text-align: justify">Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 0.8pt; padding-left: 0.25in">-</td> <td style="padding-left: 0.25in; text-align: justify">Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.</td></tr> <tr style="vertical-align: top"> <td style="padding-right: 0.8pt; padding-left: 0.25in">-</td> <td style="padding-right: 0.8pt; padding-left: 0.25in; text-align: justify">Level 3 inputs to valuation methodology are unobservable and significant to the fair measurement.</td></tr> </table> The carrying value of cash, accounts payables and accrued expenses are estimated by management to approximate fair value primarily due to the short-term nature of the instruments.

<p id="xdx_84B_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsIncludingIntangibleAssetsPolicyPolicyTextBlock_zVYultj8b1Vb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Impairment of Long-Lived Assets The Company reviews intangible assets for impairment when events or changes in circumstances indicate the carrying amount may not be recoverable. The Company measures recoverability of these assets by comparing the carrying amounts to the future undiscounted cash flows that the assets or the asset group are expected to generate. If the carrying value of the assets are not recoverable, the impairment recognized is measured as the amount by which the carrying value of the asset exceeds its fair value.

Convertible Instruments The Company evaluates its convertible instruments, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under ASC Topic 815, “Derivatives and Hedging.” The result of this accounting treatment is that the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income (expense). Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815 are reclassified to liabilities at the fair value of the instrument on the reclassification date. We analyzed the derivative financial instruments (the Convertible Notes), in accordance with ASC 815. The objective is to provide guidance for determining whether an equity-linked financial instrument is indexed to an entity’s own stock. This determination is needed for a scope exception which would enable a derivative instrument to be accounted for under the accrual method. The classification of a non-derivative instrument that falls within the scope of ASC 815-40-05 “Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock” also hinges on whether the instrument is indexed to an entity’s own stock. A non-derivative instrument that is not indexed to an entity’s own stock cannot be classified as equity and must be accounted for as a liability. There is a two-step approach in determining whether an instrument or embedded feature is indexed to an entity’s own stock. First, the instrument's contingent exercise provisions, if any, must be evaluated, followed by an evaluation of the instrument's settlement provisions. The Company utilized multinomial lattice models that value the derivative liability within the notes based on a probability weighted discounted cash flow model. The Company utilized the fair value standard set forth by the Financial Accounting Standards Board, defined as the amount at which the assets (or liability) could be bought (or incurred) or sold (or settled) in a current transaction between willing parties, that is, other than in a forced or liquidation sale.

Revenue Recognition The Company recognizes revenue in accordance with ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the licensing of our software by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. All revenues to date have been recognized from licensing Megopoly and related IP to Sandbx Corp., a separate company owned by the Chief Operating Officer of United Power and FL Galaxy, related parties of the Company, as our Chief Executive Officer, Lei Pei, is also the Chief Executive Officer of United Power and FL Galaxy. We derive revenue principally from licensing our intellectual property, including our game, and related extra content and services that can be utilized by players of our game. Our product and service offerings include, but are not limited to, licensing to third parties (“software license”) to distribute and host our games and content (“Online-Hosted Service Games”). For the years ended May 31, 2026 and 2025, there were no revenues recognized. We evaluate and recognize revenue by: • identifying the contract(s) with the customer; • identifying the performance obligations in the contract; • determining the transaction price; • allocating the transaction price to performance obligations in the contract; and • recognizing revenue as each performance obligation is satisfied through the transfer of a promised good or service to a customer (i.e., “transfer of control”). Online-Hosted Service Games. Sales of our Online-Hosted Service Games are determined to have one distinct performance obligation: the online hosting. We recognize revenue from these arrangements as the service is provided through our licensing agreement(s). Licensing Revenue We utilize third-party licensees to distribute and host our games and content in accordance with license agreements, for which the licensees typically pay us a fixed minimum guarantee and/or sales-based royalties. These arrangements typically include multiple performance obligations, such as a time-based license of software and future update rights. We recognize as revenue a portion of the minimum guarantee when we transfer control of the license of software (generally upon commercial launch) and the remaining portion ratably over the contractual term in which we provide the licensee with future update rights. Any sales-based royalties are generally recognized as the related sales occur by the licensee. Significant Judgments around Revenue Arrangements Identifying performance obligations. Performance obligations promised in a contract are identified based on the goods and services that will be transferred to the customer that are both capable of being distinct, (i.e., the customer can benefit from the goods or services either on its own or together with other resources that are readily available), and are distinct in the context of the contract (i.e., it is separately identifiable from other goods or services in the contract). To the extent a contract includes multiple promises, we must apply judgment to determine whether those promises are separate and distinct performance obligations. If these criteria are not met, the promises are accounted for as a combined performance obligation. Determining the transaction price. The transaction price is determined based on the consideration that we will be entitled to receive in exchange for transferring our goods and services to the customer. Determining the transaction price often requires judgment, based on an assessment of contractual terms and business practices. It further includes review of variable consideration such as discounts, sales returns, price protection, and rebates, which is estimated at the time of the transaction. In addition, the transaction price does not include an estimate of the variable consideration related to sales-based royalties. Sales-based royalties are recognized as the sales occur. Allocating the transaction price. Allocating the transaction price requires that we determine an estimate of the relative stand-alone selling price for each distinct performance obligation. Determining the relative stand-alone selling price is inherently subjective, especially in situations where we do not sell the performance obligation on a stand-alone basis (which occurs in the majority of our transactions). In those situations, we determine the relative stand-alone selling price based on various observable inputs using all information that is reasonably available. Examples of observable inputs and information include: historical internal pricing data, cost plus margin analyses, third-party external pricing of similar or same products and services such as software licenses and maintenance support within the enterprise software industry. The results of our analysis resulted in a specific percentage of the transaction price being allocated to each performance obligation. Determining the Estimated Offering Period. The offering period is the period in which we offer to provide the future update rights and/or online hosting for the game. Because the offering period is not an explicitly defined period, we must make an estimate of the offering period for the service-related performance obligations (i.e., future update rights and online hosting). Determining the Estimated Offering Period is inherently subjective and is subject to regular revision. Generally, we consider the specified contract period of our software licenses and therefore, the offering period is estimated to be over the term of the license. We recognize revenue for future update rights and online hosting performance obligations ratably on a straight-line basis over this period as there is a consistent pattern of delivery for these performance obligations.

Software Development Costs The Company expenses software development costs, including costs to develop software products or the software component of products to be sold, leased, or marketed to external users, before technological feasibility is reached. Technological feasibility is typically reached shortly before the release of such products. Software development costs also include costs to develop software to be used solely to meet internal needs and cloud-based applications used to deliver our services. The Company capitalizes development costs related to these software applications once the preliminary project stage is complete and it is probable that the project will be completed, and the software will be used to perform the function intended. Capitalization ends, and amortization begins when the product is available for general release to customers.

Stock-Based Compensation The Company accounts for equity instruments issued to employees in accordance with the provisions of ASC 718 Stock Compensation (ASC 718) and Equity-Based Payments to Non-employees pursuant to ASC 2018-07 (ASC 2018-07). All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the earlier of the date on which the counterparty's performance is complete or the date at which a commitment for performance by the counterparty to earn the equity instruments is reached because of sufficiently large disincentives for nonperformance.

Basic and Diluted Loss Per Share Basic earnings per share (“EPS”) are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding for the period (the denominator). Diluted EPS is computed by dividing net income by the weighted average number of common shares and potential common shares outstanding (if dilutive) during each period. Potential common shares include stock options, warrants and restricted stock. The number of potential common shares outstanding relating to stock options, warrants and restricted stock is computed using the treasury stock method. For the periods presented, potential dilutive securities had an anti-dilutive effect and were not included in the calculation of diluted net loss per common share.

Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided for significant deferred tax assets when it is more likely than not, that such asset will not be recovered through future operations.

Uncertain Tax Positions In accordance with ASC 740, “Income Taxes” (“ASC 740”), the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be capable of withstanding examination by the taxing authorities based on the technical merits of the position. These standards prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. These standards also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Various taxing authorities may periodically audit the Company’s income tax returns. These audits include questions regarding the Company’s tax filing positions, including the timing and amount of deductions and the allocation of income to various tax jurisdictions. In evaluating the exposures connected with various tax filing positions, including state and local taxes, the Company records allowances for probable exposures. A number of years may elapse before a particular matter, for which an allowance has been established, is audited and fully resolved. The Company has not yet undergone an examination by any taxing authorities. The assessment of the Company’s tax position relies on the judgment of management to estimate the exposures associated with the Company’s various filing positions.

Adoption of New Accounting Standards and Recently Issued Accounting Pronouncements From time to time, new accounting pronouncements are issued by the FASB that are adopted by the Company as of the specified effective date. If not discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company's financial statements upon adoption. Recently Adopted Accounting Standards In December 2023, the FASB issued Accounting Standards Update (“ASU”) 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The amendments in this ASU add specific requirements for income tax disclosures to improve transparency and decision usefulness. The guidance in ASU 2023-09 requires that public business entities disclose specific categories in the income tax rate reconciliation and provide additional qualitative information for reconciling items that meet a quantitative threshold. In addition, the amendments in ASU 2023-09 require that all entities disclose the amount of income taxes paid disaggregated by federal, state, and foreign taxes and disaggregated by individual jurisdictions. The ASU also includes other disclosure amendments related to the disaggregation of income tax expense between federal, state and foreign taxes. For public business entities, the amendments in this update are effective for annual periods beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. The amendments in this update should be applied on a prospective basis and retrospective application is permitted. The Company adopted ASU No. 2023-09 on June 1, 2025. Accounting Standards Not Yet Adopted In December 2025, the FASB issued ASU 2025-11, Interim Reporting—Narrow Scope Improvements, to provide clarity and navigability of interim reporting requirements, requiring entities to provide interim financial statements and notes in accordance with U.S. GAAP and added a comprehensive list of interim disclosures required by U.S. GAAP. The new standard is effective for interim periods within annual periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of this ASU on its financial statements and expects to adopt the new guidance in the third quarter of 2028. In September 2025, the FASB issued ASU 2025-06, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which modernizes the recognition and capitalization framework for internal-use software development costs in order to reflect current software development practices. The amendments also require Subtopic 360-10 disclosures for all capitalized internal-use software costs. This new standard is effective for our fiscal year beginning on June 1, 2028 and interim periods within that fiscal year and may be applied prospectively, retrospectively, or using a modified transition approach. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on our consolidated financial statements and disclosures. In November 2024, the FASB issued ASU 2024-03 and in January 2025, the FASB issued ASU 2025-01, “Income Statement - Reporting Comprehensive Income -Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses.” The guidance requires disclosures about specific expense categories, including but not limited to, purchases of inventory, employee compensation, depreciation, amortization and selling expenses. The ASU is effective in the first annual reporting period beginning after December 15, 2026, and for interim periods within annual reporting periods beginning after December 15, 2027. The Company is currently assessing the effect that adoption of this guidance will have on its Consolidated Financial Statements. We have reviewed all accounting pronouncements recently issued by the FASB and the SEC. The authoritative pronouncements that we have already adopted did not have a material effect on our financial condition, results of operations, cash flows or reporting thereof, and except as otherwise noted above, we do not believe that any of the authoritative pronouncements that we have not yet adopted will have a material effect upon our financial condition, results of operations, cash flows or reporting thereof.

NOTE 2 – GOING CONCERN As shown in the accompanying financial statements, the Company has incurred recurring losses from operations resulting in an accumulated deficit of $19,618,981 and had negative working capital of $100. As of May 31, 2026, the Company’s cash on hand may not be sufficient to sustain operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management is actively pursuing licensing agreements to commence revenues. Since our CEO and majority shareholder, Mr. Pei, acquired control over the Company in May 2015, we have been wholly dependent upon him and his affiliated companies, to provide financing to us when needed, generally in the form of convertible loans. There can be no assurance that Mr. Pei will continue to make additional financing available to us when needed. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of any uncertainty as to the Company’s ability to continue as a going concern. These financial statements also do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

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NOTE 3 – RELATED PARTY TRANSACTIONS Convertible Notes Payable, Related Party As disclosed in Note 5, below, the Company has received a total of $10,500,000 in exchange for convertible notes owed to Sky Rover Holdings, Ltd (“Sky Rover”), an entity owned and controlled by Mr. Pei. Sky Rover has since been dissolved, and Mr. Pei has assumed the debt as the beneficial owner. Forgiveness of Convertible Debt On March 31, 2026, the Company’s Chief Executive Officer, who is also a related party, forgave all amounts then outstanding under certain convertible debt obligations of the Company. The aggregate amount forgiven was $14,349,866, consisting of $9,866,700 of principal and $4,483,166 of accrued interest. The debt forgiveness was treated as a capital contribution by the related party and was recorded as an increase to contributed capital in the accompanying Statement of Stockholders’ Equity. The Company recorded a corresponding reduction of convertible debt of $9,866,700 and accrued interest payable of $4,483,166, resulting in an aggregate increase to contributed capital of $14,349,866. The transaction was a noncash transaction and did not result in a cash inflow or outflow. Accordingly, the transaction is not reflected as a cash financing activity in the accompanying statement of cash flows. The transaction is separately disclosed as a significant noncash financing activity. The Company’s Chief Executive Officer is considered a related party because of their position as the Company’s Chief Executive Officer and their ownership and/or other significant influence over the Company. The forgiveness of the convertible debt represents a transaction with a related party. The transaction was approved by the Company’s appropriate governing body and was undertaken as part of the Company’s capital structure and financing arrangements. In accordance with ASC 850, Related Party Disclosures, the Company discloses the nature of its relationship with the related party, the description of the transaction, the dollar amount of the transaction, and the amounts due to or from the related party resulting from the transaction. Following the March 31, 2026 debt forgiveness, no amounts remained payable to the Chief Executive Officer under the forgiven convertible debt obligations.

10500000

14349866

9866700

4483166

9866700

4483166

14349866

NOTE 4 – FAIR VALUE OF FINANCIAL INSTRUMENTS Under FASB ASC 820-10-5, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The standard outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures. Under GAAP, certain assets and liabilities must be measured at fair value, and FASB ASC 820-10-50 details the disclosures that are required for items measured at fair value. The Company has certain financial instruments that must be measured under the new fair value standard. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability. The Company had no financial instruments that required fair value reporting as of May 31, 2026. The following schedule summarizes the valuation of financial instruments at fair value on a recurring basis in the balance sheets as of May 31, 2025: <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_zdiawWAFhwb6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Details)"> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> Schedule of fair value on a recurring basis in the balance sheets</td><td> </td> <td colspan="2" id="xdx_49D_20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zEmX68rEWtHg" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_497_20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zzUkhOdtDW2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_49F_20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z25tQjWdFm" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">Fair Value Measurements at May 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 1</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 2</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 3</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40B_eus-gaap--AssetsAbstract_iB_zy9R2lNWnIai" style="vertical-align: bottom"> <td style="font-weight: bold">Assets</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_40B_eus-gaap--CashAndCashEquivalentsFairValueDisclosure_iI_pp0p0_d0_zxD2CK2ZuxCh" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="width: 55%; padding-bottom: 1pt; padding-left: 5.4pt">Cash</td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">693,290</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--AssetsFairValueDisclosure_iI_pp0p0_d0_zH4IJThMpJci" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 10.25pt; padding-left: 5.4pt">Total assets</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">693,290</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--LiabilitiesAbstract_iB_pp0p0_zhyKMCh2FZpl" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="font-weight: bold; text-indent: 32.75pt; padding-left: 5.4pt">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--ConvertibleDebtFairValueDisclosures_iI_pp0p0_d0_zCd53uImr2sa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt">Convertible notes payable, related party</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,500,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--FinancialLiabilitiesFairValueDisclosure_iI_pp0p0_d0_z7SyL8XP3Rv8" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 10.25pt; padding-left: 5.4pt">Total liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,500,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--FairValueNetAssetLiability_iI_pp0p0_d0_zIRuk6t3AVG7" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; padding-left: 5.4pt">Total </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">693,290</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(10,500,000</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> The fair values of our related party debts were deemed to approximate book value, and are considered Level 2 and 3 inputs as defined by ASC Topic 820-10-35. There were no transfers of financial assets or liabilities between Level 1, Level 2 and Level 3 inputs for the years ended May 31, 2026 and 2025.

<table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_zdiawWAFhwb6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Details)"> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> Schedule of fair value on a recurring basis in the balance sheets</td><td> </td> <td colspan="2" id="xdx_49D_20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zEmX68rEWtHg" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_497_20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zzUkhOdtDW2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_49F_20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z25tQjWdFm" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">Fair Value Measurements at May 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 1</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 2</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 3</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40B_eus-gaap--AssetsAbstract_iB_zy9R2lNWnIai" style="vertical-align: bottom"> <td style="font-weight: bold">Assets</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_40B_eus-gaap--CashAndCashEquivalentsFairValueDisclosure_iI_pp0p0_d0_zxD2CK2ZuxCh" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="width: 55%; padding-bottom: 1pt; padding-left: 5.4pt">Cash</td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">693,290</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--AssetsFairValueDisclosure_iI_pp0p0_d0_zH4IJThMpJci" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 10.25pt; padding-left: 5.4pt">Total assets</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">693,290</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--LiabilitiesAbstract_iB_pp0p0_zhyKMCh2FZpl" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="font-weight: bold; text-indent: 32.75pt; padding-left: 5.4pt">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--ConvertibleDebtFairValueDisclosures_iI_pp0p0_d0_zCd53uImr2sa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt">Convertible notes payable, related party</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,500,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--FinancialLiabilitiesFairValueDisclosure_iI_pp0p0_d0_z7SyL8XP3Rv8" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 10.25pt; padding-left: 5.4pt">Total liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,500,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--FairValueNetAssetLiability_iI_pp0p0_d0_zIRuk6t3AVG7" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; padding-left: 5.4pt">Total </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">693,290</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(10,500,000</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>

693290

10500000

693290

-10500000

NOTE 5 – CONVERTIBLE NOTES PAYABLE, RELATED PARTY Convertible notes payable, related party consists of the following at May 31, 2026 and 2025, respectively: <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ConvertibleDebtTableTextBlock_zLXZOsxejME2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - CONVERTIBLE NOTES PAYABLE, RELATED PARTY (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 8.1pt; padding-left: 5.4pt">Schedule of convertible notes payable, related party</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: center">May 31,</td><td> </td><td> </td> <td colspan="2" style="text-align: center">May 31,</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="width: 66%; text-align: justify; padding-left: 5.4pt">On February 26, 2017, Sky Rover, which is owned and controlled by Mr. Pei, agreed to loan up to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90C_ecustom--LoanCommitment_iI_pp0p0_c20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zkW47zVzIwEf" title="Loan commitment">20,000,000 to the Company, of which $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_905_eus-gaap--ProceedsFromRelatedPartyDebt_c20170227__20170228__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_pp0p0" title="Proceeds from a related party">8,000,000 was loaned on February 28, 2017. Sky Rover was issued an unsecured, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zGz8pqX8UTwc" title="Unsecured interest rate">5%, convertible promissory note which was due on <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_901_eus-gaap--DebtInstrumentMaturityDate_dd_c20170225__20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zgynx8GVOGR6" title="Maturity date">May 31, 2027 (as extended), and was, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_903_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z0wVx0XgtSq" title="Conversion price">0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest could also have been paid by issuing restricted shares of common stock, at the same conversion price per share. On March 31, 2026 and June 26, 2018, the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_903_eus-gaap--RepaymentsOfRelatedPartyDebt_c20260330__20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z5lyj5xSk2m" title="Repayment of related party loan">633,300 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_900_eus-gaap--RepaymentsOfRelatedPartyDebt_c20180625__20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zwrjNdzl0uxc" title="Repayment of related party loan">4,000,000, respectively, of principal on this loan. In addition, Sky Rover converted $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_907_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20180625__20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z1R51ZRAN6P1" title="Stock issued for conversion of debt">1,500,000 of principal of this loan into common shares at the conversion price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_907_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z66fdgg2jLji" title="Conversion price">0.08 per share into a total of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_905_eus-gaap--DebtConversionConvertedInstrumentSharesIssued1_c20180625__20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zH5ecZHiSmek" title="Shares issued in conversion">18,750,000 shares. Sky Rover forgave $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90B_eus-gaap--DebtConversionConvertedInstrumentSharesIssued1_c20260330__20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zA6JYXFoLKfa" title="Shares issued in conversion">1,866,700 of principal on March 31, 2026, and accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_908_eus-gaap--InterestPayableCurrent_iI_c20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zNiWUuEQ4Eoh" title="Accrued interest">1,137,412 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_901_eus-gaap--InterestPayableCurrent_iI_c20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zHEXrufqpeUh" title="Accrued interest">363,904 on March 31, 2026 and June 26, 2018, respectively, which was credited to additional paid in capital.</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_d0_c20260531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zBMF3dEEHzb9" style="width: 14%; text-align: right" title="Convertible notes payable related party">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_c20250531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zqGREdzCy3i9" style="width: 14%; text-align: right" title="Convertible notes payable related party">2,500,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt">On November 20, 2017, Sky Rover loaned an additional $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_901_eus-gaap--ProceedsFromRelatedPartyDebt_c20171119__20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_z3Hg9vt7JSVk" title="Proceeds from a related party">8,000,000 to the Company. Sky Rover was issued an unsecured, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_902_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zYYqzxiTP4S7" title="Unsecured interest rate">5%, convertible promissory note which was due on <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_909_eus-gaap--DebtInstrumentMaturityDate_dd_c20171119__20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zo3c9sfGcBq3" title="Maturity date">May 31, 2027 (as extended), and was, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_904_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zJJc58dzNHs5" title="Conversion price">0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest could also have been paid by issuing restricted shares of common stock, at the same conversion price per share. Sky Rover forgave $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_903_eus-gaap--DebtInstrumentDecreaseForgiveness_c20260330__20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zxSrnsgVqGKl" title="Forgave amount">11,345,754, consisting of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_c20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zBDm1qhxX09l" title="Principal amount">8,000,000 of principal and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_904_eus-gaap--InterestPayableCurrent_iI_c20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zGdSolXkz7Xd" title="Accrued interest">3,345,754 of accrued interest, on March 31, 2026, which was credited to additional paid in capital.</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_d0_c20260531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zIKv03mlpHci" style="border-bottom: Black 1pt solid; text-align: right" title="Convertible notes payable related party">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_c20250531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zJif5U8BpCY8" style="border-bottom: Black 1pt solid; text-align: right" title="Convertible notes payable related party">8,000,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: justify; padding-left: 5.4pt">Total convertible notes payable, related party</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_d0_c20260531_zAhtjBwq1tX1" style="text-align: right" title="Convertible notes payable related party">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ConvertibleNotesPayableRelatedParty_c20250531_pp0p0" style="text-align: right" title="Convertible notes payable related party">10,500,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 8.1pt; padding-left: 5.4pt">Less: current portion</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--ConvertibleNotesPayableCurrent_iI_pp0p0_d0_c20260531_zbVTFi2DrRd6" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--ConvertibleNotesPayableCurrent_iI_d0_c20250531_zAItd6Gd3MEc" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt">Convertible notes payable, related party, less current portion</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ConvertibleLongTermNotesPayable_iI_pp0p0_d0_c20260531_zkZqNV2WVzgh" style="border-bottom: Black 2.5pt double; text-align: right" title="Convertible notes payable, related party less current portion">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--ConvertibleLongTermNotesPayable_iI_pp0p0_c20250531_z2XYR7bi5yn9" style="border-bottom: Black 2.5pt double; text-align: right" title="Convertible notes payable, related party less current portion">10,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company recognized $437,260 and $525,000 of interest expense on related party convertible notes for the years ended May 31, 2026 and 2025, respectively.

<table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ConvertibleDebtTableTextBlock_zLXZOsxejME2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - CONVERTIBLE NOTES PAYABLE, RELATED PARTY (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 8.1pt; padding-left: 5.4pt">Schedule of convertible notes payable, related party</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: center">May 31,</td><td> </td><td> </td> <td colspan="2" style="text-align: center">May 31,</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="width: 66%; text-align: justify; padding-left: 5.4pt">On February 26, 2017, Sky Rover, which is owned and controlled by Mr. Pei, agreed to loan up to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90C_ecustom--LoanCommitment_iI_pp0p0_c20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zkW47zVzIwEf" title="Loan commitment">20,000,000 to the Company, of which $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_905_eus-gaap--ProceedsFromRelatedPartyDebt_c20170227__20170228__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_pp0p0" title="Proceeds from a related party">8,000,000 was loaned on February 28, 2017. Sky Rover was issued an unsecured, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zGz8pqX8UTwc" title="Unsecured interest rate">5%, convertible promissory note which was due on <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_901_eus-gaap--DebtInstrumentMaturityDate_dd_c20170225__20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zgynx8GVOGR6" title="Maturity date">May 31, 2027 (as extended), and was, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_903_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20170226__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z0wVx0XgtSq" title="Conversion price">0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest could also have been paid by issuing restricted shares of common stock, at the same conversion price per share. On March 31, 2026 and June 26, 2018, the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_903_eus-gaap--RepaymentsOfRelatedPartyDebt_c20260330__20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z5lyj5xSk2m" title="Repayment of related party loan">633,300 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_900_eus-gaap--RepaymentsOfRelatedPartyDebt_c20180625__20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zwrjNdzl0uxc" title="Repayment of related party loan">4,000,000, respectively, of principal on this loan. In addition, Sky Rover converted $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_907_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20180625__20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z1R51ZRAN6P1" title="Stock issued for conversion of debt">1,500,000 of principal of this loan into common shares at the conversion price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_907_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_z66fdgg2jLji" title="Conversion price">0.08 per share into a total of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_905_eus-gaap--DebtConversionConvertedInstrumentSharesIssued1_c20180625__20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zH5ecZHiSmek" title="Shares issued in conversion">18,750,000 shares. Sky Rover forgave $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90B_eus-gaap--DebtConversionConvertedInstrumentSharesIssued1_c20260330__20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zA6JYXFoLKfa" title="Shares issued in conversion">1,866,700 of principal on March 31, 2026, and accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_908_eus-gaap--InterestPayableCurrent_iI_c20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zNiWUuEQ4Eoh" title="Accrued interest">1,137,412 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_901_eus-gaap--InterestPayableCurrent_iI_c20180626__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zHEXrufqpeUh" title="Accrued interest">363,904 on March 31, 2026 and June 26, 2018, respectively, which was credited to additional paid in capital.</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_d0_c20260531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zBMF3dEEHzb9" style="width: 14%; text-align: right" title="Convertible notes payable related party">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_c20250531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtdMember_zqGREdzCy3i9" style="width: 14%; text-align: right" title="Convertible notes payable related party">2,500,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt">On November 20, 2017, Sky Rover loaned an additional $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_901_eus-gaap--ProceedsFromRelatedPartyDebt_c20171119__20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_z3Hg9vt7JSVk" title="Proceeds from a related party">8,000,000 to the Company. Sky Rover was issued an unsecured, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_902_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zYYqzxiTP4S7" title="Unsecured interest rate">5%, convertible promissory note which was due on <span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_909_eus-gaap--DebtInstrumentMaturityDate_dd_c20171119__20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zo3c9sfGcBq3" title="Maturity date">May 31, 2027 (as extended), and was, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_904_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20171120__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zJJc58dzNHs5" title="Conversion price">0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest could also have been paid by issuing restricted shares of common stock, at the same conversion price per share. Sky Rover forgave $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_903_eus-gaap--DebtInstrumentDecreaseForgiveness_c20260330__20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zxSrnsgVqGKl" title="Forgave amount">11,345,754, consisting of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_c20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zBDm1qhxX09l" title="Principal amount">8,000,000 of principal and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIENPTlZFUlRJQkxFIE5PVEVTIFBBWUFCTEUsIFJFTEFURUQgUEFSVFkgKERldGFpbHMgTmFycmF0aXZlKQA_" id="xdx_904_eus-gaap--InterestPayableCurrent_iI_c20260331__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zGdSolXkz7Xd" title="Accrued interest">3,345,754 of accrued interest, on March 31, 2026, which was credited to additional paid in capital.</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_d0_c20260531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zIKv03mlpHci" style="border-bottom: Black 1pt solid; text-align: right" title="Convertible notes payable related party">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_c20250531__us-gaap--LongtermDebtTypeAxis__custom--ConvertibleNotePayableMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SkyRoverHoldingsLtd1Member_zJif5U8BpCY8" style="border-bottom: Black 1pt solid; text-align: right" title="Convertible notes payable related party">8,000,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: justify; padding-left: 5.4pt">Total convertible notes payable, related party</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ConvertibleNotesPayableRelatedParty_iI_pp0p0_d0_c20260531_zAhtjBwq1tX1" style="text-align: right" title="Convertible notes payable related party">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ConvertibleNotesPayableRelatedParty_c20250531_pp0p0" style="text-align: right" title="Convertible notes payable related party">10,500,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 8.1pt; padding-left: 5.4pt">Less: current portion</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--ConvertibleNotesPayableCurrent_iI_pp0p0_d0_c20260531_zbVTFi2DrRd6" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--ConvertibleNotesPayableCurrent_iI_d0_c20250531_zAItd6Gd3MEc" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt">Convertible notes payable, related party, less current portion</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ConvertibleLongTermNotesPayable_iI_pp0p0_d0_c20260531_zkZqNV2WVzgh" style="border-bottom: Black 2.5pt double; text-align: right" title="Convertible notes payable, related party less current portion">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--ConvertibleLongTermNotesPayable_iI_pp0p0_c20250531_z2XYR7bi5yn9" style="border-bottom: Black 2.5pt double; text-align: right" title="Convertible notes payable, related party less current portion">10,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

20000000

8000000

0.05

2027-05-31

0.08

633300

4000000

1500000

0.08

18750000

1866700

1137412

363904

0 2500000

8000000

0.05

2027-05-31

0.08

11345754

8000000

3345754

0 8000000 0 10500000

10500000

437260

525000

NOTE 6 –STOCKHOLDERS’ EQUITY Preferred Stock The Company has authorized “blank check” preferred stock of 50,000,000 shares, par value $0.001 per share. The voting powers, conversion features, if any, designations, preferences, limitations, restrictions and other rights of each series of preferred stock shall be prescribed by resolution of the Board of Directors at the time a specific series of preferred stock is designated. None of the preferred shares have been designated or issued as of the date of this Report. Common Stock The Company has 500,000,000 authorized shares of $0.001 par value Common Stock, and had 107,483,450 shares issued and outstanding as of May 31, 2026. Forgiveness of Convertible Debt On March 31, 2026, the Company’s Chief Executive Officer, who is also a related party, forgave all amounts then outstanding under certain convertible debt obligations of the Company. The aggregate amount forgiven was $14,349,866, consisting of $9,866,700 of principal and $4,483,166 of accrued interest. The debt forgiveness was treated as a capital contribution by the related party and was recorded as an increase to contributed capital in the accompanying Statement of Stockholders’ Equity. The Company recorded a corresponding reduction of convertible debt of $9,866,700 and accrued interest payable of $4,483,166, resulting in an aggregate increase to contributed capital of $14,349,866.

50000000

0.001

500000000

0.001

107483450

14349866

9866700

4483166

9866700

4483166

14349866

NOTE 7 – SEGMENT REPORTING The Company develops and provides software and related technology services to customers in the United States. The Company manages its business and allocates resources on a consolidated basis and has determined that it operates as one1 operating and reportable segment. The Company’s Chief Executive Officer (“CEO”) is the Company’s chief operating decision maker (“CODM”). The CODM reviews consolidated financial information to assess the Company’s performance and allocate resources. The Company’s operations are managed as a single business, and the CODM does not regularly review discrete financial information for separate operating components. The Company’s measure of segment profit or loss used by the CODM in assessing performance and allocating resources is consolidated net income (loss), which is the measure most consistent with U.S. generally accepted accounting principles (“U.S. GAAP”). Because the Company operates as a single reportable segment and is managed on a consolidated basis, the segment revenue and segment profit or loss are the same as the corresponding amounts reported in the Company’s consolidated financial statements. The Company regularly provides the CODM with the consolidated expense categories presented in the Company’s consolidated statements of operations. The Company has determined that there are no additional significant segment expense categories regularly provided to the CODM that are not separately presented in the consolidated financial statements. Accordingly, the Company has not identified any additional significant segment expenses requiring separate disclosure under ASC 280. The Company does not separately allocate or regularly provide the CODM with segment asset information at a level different from the consolidated amounts reported in the consolidated balance sheets. Accordingly, segment assets are not separately disclosed. Because the Company operates as a single reportable segment and the segment measure of profit or loss is consolidated net income (loss), there are no differences between the segment measure of profit or loss and the corresponding consolidated amount requiring reconciliation. Geographic Information The Company operates entirely within the United States. All of the Company’s long-lived assets are located in the United States, and substantially all of the Company’s revenue is expected to be attributable to customers in the United States.

NOTE 8 - INCOME TAX The Company accounts for income taxes under FASB ASC 740-10, which requires use of the liability method. FASB ASC 740-10-25 provides that deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. For the years ended May 31, 2026 and 2025, the Company incurred a net operating loss and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets. At May 31, 2026, the Company had approximately $9,137,000 of federal net operating losses. The net operating loss carry forwards, if not utilized, will begin to expire in 2034. The effective income tax rate for the years ended May 31, 2026 and 2025 consisted of the following: <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_zQ66ipUerzAc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details)"> <tr style="vertical-align: bottom"> <td> Schedule of effective income tax rate</td><td> </td> <td colspan="2" id="xdx_496_20250601__20260531_zpVffjLePQIh" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_492_20240601__20250531_zHD97ASFVV74" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="6" style="text-align: center">May 31,</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_403_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp_maRate_zJZmsSW9U21e" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="width: 66%; text-align: left; padding-left: 5.4pt">Federal statutory income tax rate</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">21%</td><td style="width: 1%; text-align: left"></td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">21%</td><td style="width: 1%; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">State income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-%</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_iN_dpi_maRate_zaPblNl1MRQ9" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(21%</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(21%</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_dp0_mtRate_zgMZhX4yA6k8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 5.4pt">Net effective income tax rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The components of the Company’s deferred tax asset are as follows: <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_zU0PCU5aSnC3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details 1)"> <tr style="vertical-align: bottom"> <td>Schedule of deferred tax asset</td><td> </td> <td colspan="2" id="xdx_49B_20260531_zZUjOkg7s7wi" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_494_20250531_z12RC8AsXH0h" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="text-align: center">May 31,</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxAssetsGrossAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-left: 5.4pt">Deferred tax assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_i01I_pp0p0_zAtPQfBojVSe" style="vertical-align: bottom; background-color: White"> <td style="width: 66%; text-align: left; padding-bottom: 2.5pt; text-indent: 6.6pt; padding-left: 5.4pt">Net operating loss carry forwards</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">1,918,770</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">1,906,128</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsGross_i01I_pp0p0_zcrsgP9Ed2Ag" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">Net deferred tax assets before valuation allowance</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,918,770</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,906,128</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--DeferredTaxAssetsValuationAllowance_i01NI_pp0p0_di_msDTANzULD_zmueB0NNBd6f" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 6.6pt; padding-left: 5.4pt">Less: Valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,918,770</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,906,128</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--DeferredTaxAssetsNet_i01I_pp0p0_d0_zVFoWvts5Em1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: 15.6pt; padding-left: 5.4pt">Net deferred tax assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Based on the available objective evidence, including the Company’s history of its loss, management believes it is more likely than not that the net deferred tax assets will not be fully realizable. Accordingly, the Company provided for a full valuation allowance against its net deferred tax assets at May 31, 2026 and 2025, respectively. In accordance with FASB ASC 740, the Company has evaluated its tax positions and determined there are no uncertain tax positions.

9137000

<table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_zQ66ipUerzAc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details)"> <tr style="vertical-align: bottom"> <td> Schedule of effective income tax rate</td><td> </td> <td colspan="2" id="xdx_496_20250601__20260531_zpVffjLePQIh" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_492_20240601__20250531_zHD97ASFVV74" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="6" style="text-align: center">May 31,</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_403_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp_maRate_zJZmsSW9U21e" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="width: 66%; text-align: left; padding-left: 5.4pt">Federal statutory income tax rate</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">21%</td><td style="width: 1%; text-align: left"></td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">21%</td><td style="width: 1%; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">State income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-%</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_iN_dpi_maRate_zaPblNl1MRQ9" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(21%</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(21%</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_dp0_mtRate_zgMZhX4yA6k8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 5.4pt">Net effective income tax rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

0.21

-0

0.21

<table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_zU0PCU5aSnC3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details 1)"> <tr style="vertical-align: bottom"> <td>Schedule of deferred tax asset</td><td> </td> <td colspan="2" id="xdx_49B_20260531_zZUjOkg7s7wi" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" id="xdx_494_20250531_z12RC8AsXH0h" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="text-align: center">May 31,</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxAssetsGrossAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-left: 5.4pt">Deferred tax assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_i01I_pp0p0_zAtPQfBojVSe" style="vertical-align: bottom; background-color: White"> <td style="width: 66%; text-align: left; padding-bottom: 2.5pt; text-indent: 6.6pt; padding-left: 5.4pt">Net operating loss carry forwards</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">1,918,770</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">1,906,128</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsGross_i01I_pp0p0_zcrsgP9Ed2Ag" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">Net deferred tax assets before valuation allowance</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,918,770</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,906,128</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--DeferredTaxAssetsValuationAllowance_i01NI_pp0p0_di_msDTANzULD_zmueB0NNBd6f" style="vertical-align: bottom; background-color: rgb(204,255,204)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 6.6pt; padding-left: 5.4pt">Less: Valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,918,770</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,906,128</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--DeferredTaxAssetsNet_i01I_pp0p0_d0_zVFoWvts5Em1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: 15.6pt; padding-left: 5.4pt">Net deferred tax assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1918770

1906128

1918770

1906128

1918770

1906128

NOTE 9 – SUBSEQUENT EVENTS In accordance with ASC 855-10, management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued. No events occurred of a material nature that would have required adjustments to or disclosure in these financial statements except as follows: On August 31, 2026, the Company’s CEO, Lei Pei, contributed capital of $20,325 to pay the Company’s operating expenses.

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