| Schedule of discontinued operations |
| Schedule of discontinued operations | |
| | |
| |
| | |
April 30, 2026 | | |
April 30, 2025 | |
| Assets | |
| | | |
| | |
| Prepaid expense | |
$ | – | | |
$ | 25,975 | |
| Total Current Assets | |
| – | | |
| 25,975 | |
| | |
| | | |
| | |
| Intangible assets, net (a) | |
| – | | |
| 118,322 | |
| Total Assets | |
$ | – | | |
$ | 144,297 | |
| | |
| | | |
| | |
| Liabilities | |
| | | |
| | |
| Accounts payable | |
$ | 5,272 | | |
$ | – | |
| Deferred revenue | |
| – | | |
| 5,272 | |
| | |
| | | |
| | |
| Total Liabilities | |
$ | 5,272 | | |
$ | 5,272 | |
| (a) | – Intangible assets were made up of the following at each balance sheet date: |
| | |
| |
| | |
| |
| | |
Estimated Useful Life (years) | |
April 30, 2026 | | |
April 30, 2025 | |
| API | |
5 | |
$ | 121,100 | | |
$ | 121,100 | |
| Website | |
3 | |
| 9,400 | | |
| 9,400 | |
| Software | |
5 | |
| 9,000 | | |
| 9,000 | |
| Subtotal | |
| |
| 139,500 | | |
| 139,500 | |
| Accumulated amortization | |
| |
| (35,755 | ) | |
| (21,178 | ) |
| Impairment | |
| |
| (103,745 | ) | |
| – | |
| Net book value | |
| |
$ | – | | |
$ | 118,322 | |
During the year ended April 30, 2026 and 2025,
we recognized $14,577 and $15,950 in amortization expense, respectively.
During the year ended April 30, 2026, the Company
recognized $103,745 in impairment expense.
Results of discontinued operations for the years
ended April 30, 2026 and 2025 are as follows:
| | |
| | |
| |
| | |
April 30, 2026 | | |
April 30, 2025 | |
| Revenue | |
| | | |
| | |
| Consulting services | |
$ | – | | |
$ | 23,726 | |
| API Requests | |
| – | | |
| 26,179 | |
| Total Revenues | |
| – | | |
| 49,905 | |
| | |
| | | |
| | |
| Operating Expenses | |
| | | |
| | |
| General and administrative | |
| 14,577 | | |
| 54,626 | |
| | |
| | | |
| | |
| Other Expenses | |
| | | |
| | |
| Loss on write-off of assets | |
| (129,720 | ) | |
| – | |
| | |
| | | |
| | |
| Income (Loss) from discontinued operations | |
$ | (144,297 | ) | |
$ | (4,721 | ) |
Cash flow activity of discontinued operations
for the years ended April 30, 2026 and 2025 are as follows:
| | |
| | |
| |
| | |
April 30, 2026 | | |
April 30, 2025 | |
| Cash Flows From Discontinued Operating Activities: | |
| | | |
| | |
| Net loss | |
$ | (144,297 | ) | |
$ | (4,721 | ) |
| Amortization – intangible asset (intellectual property) | |
| 14,577 | | |
| 15,950 | |
| Impairment of intangible assets | |
| 103,745 | | |
| – | |
| Changes in operating assets and liabilities: | |
| | | |
| | |
| (Increase) decrease in | |
| | | |
| | |
| Prepaid expense | |
| 25,975 | | |
| (18,475 | ) |
| Increase (decrease) in | |
| | | |
| | |
| Deferred Income | |
| – | | |
| 5,272 | |
| Net cash used in operating activities of discontinued operations | |
$ | – | | |
$ | (1,974 | ) |
| | |
| | | |
| | |
| Cash Flows From Discontinued Investing Activities: | |
| | | |
| | |
| Intangible assets | |
$ | – | | |
$ | (55,000 | ) |
| Net cash used in investing activities of discontinued operations | |
$ | – | | |
$ | (55,000 | ) |
|