v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Aug. 31, 2026
Aug. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss from continuing operations $ (1,605,030) $ (937,981)
Net loss from discontinued operations (14,093)
Net loss (1,605,030) (952,074)
Adjustments to Reconcile Net Income (Loss) to Net Cash used in Operating Activities    
Stock-based compensation expense 22,904
Issuance of stock in exchange for service 215,000
Depreciation expense 5,360 6,877
Impairment of long-term assets
Amortization of debt discount 17,003 113,803
Loss, (gain) on sale of assets 303
Change in operating assets and liabilities    
Receivables-related party (3,600)
Prepaid expenses and other current assets (2,164) (83)
Bond 20,000
Accounts payable and accrued liabilities 346,503 (94,024)
Accrued payroll 105,868 105,912
Accrued interest 76,720 (6,139)
NET CASH USED IN OPERATING ACTIVITIES (821,436) (805,425)
CASH FLOWS USED IN INVESTING ACTIVITIES    
NET CASH USED IN INVESTING ACTIVITIES
CASH FLOWS USED IN FINANCING ACTIVITIES    
Proceeds from sale of common stock 500,500
Proceeds from promissory notes 1,189,300
Proceeds from bridge loans 143,000
Repayment of bridge notes (181,164)
Repayment of notes payable-related party (80,000)
Proceeds from prefunded drilling costs
PPP loan repayments (15,529) (15,374)
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES 547,971 992,762
Net increase/(decrease) in cash and cash equivalents from continuing operations (273,465) 187,337
Net cash provided by/(used in) discontinued operations    
Cash used in operating activities (31,845)
Cash used in investing activities
Cash provided by financing activities 8,438
Net cash provided by/(used in) discontinued operations (23,407)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 420,676 249,409
CASH AND CASH EQUIVALENTS AT END OF PERIOD 147,211 413,339
SUPPLEMENTAL CASH FLOW INFORMATION    
Relative fair value of warrants granted with debt 185,445
Issuance of common stock in exchange for stock payable 50,000
Interest paid $ 17,226 $ 140,949