Property and Equipment |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Property and Equipment | Note 4 – Property and Equipment
The amount of property and equipment as of August 31, 2026 and May 31, 2026 consisted of the following:
Depreciation expense for the three months ended August 31, 2026 was $897. Total depreciation and amortization, including amortization of capitalized application development costs and of the acquired project pipeline, was $53,953 (three months ended August 31, 2025: $43,347). The Company purchased equipment of $576 during the quarter. Movements in cost and accumulated depreciation include the effect of translating balances held in Canadian dollars and Colombian pesos at the closing rate. |
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