Basis of Presentation and Significant Accounting Policies (Tables)
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3 Months Ended |
Aug. 31, 2026 |
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| Basis of Presentation and Significant Accounting Policies |
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| Summary of fair value measurements, recurring |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | | August 31, 2026 | | Investments in equity securities Level 1 | | | 710,168 | | | | - | | | | - | | | | 710,168 | | Derivative liabilities – convertible note conversion features | | | - | | | | - | | | | 1,072,942 | | | | 1,072,942 | | Derivative liabilities – warrants (Note 15) | | | - | | | | - | | | | 75,025 | | | | 75,025 | | May 31, 2026 | Investments in equity securities | | | 22,663 | | | | - | | | | - | | | | 22,663 | | Derivative liabilities – convertible note conversion features | | | - | | | | - | | | | 731,168 | | | | 731,168 | |
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| Summary of derivative liabilities measured at fair value, recurring |
| | Three months ended August 31, 2026 | | | Year ended May 31, 2026 | | Balance at beginning of period | | $ | 731,168 | | | $ | 168,358 | | Recognized on issuance of convertible notes | | | 612,901 | | | | 1,443,150 | | Released to equity on conversion | | | (144,708 | ) | | | (23,951 | ) | Reclassification of warrants from equity (Note 15) | | | 200,225 | | | | - | | Change in fair value recognized in earnings | | | (251,619 | ) | | | (856,389 | ) | Balance at end of period | | $ | 1,147,967 | | | $ | 731,168 | |
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| Schedule of disaggregates revenue by the jurisdiction of the contracting subsidiary |
| | Three months ended August 31, 2026 | | | Three months ended August 31, 2025 | | United States | | $ | 5,313 | | | $ | - | | Canada | | | 336,294 | | | | 30,006 | | Cyprus | | | - | | | | 35,626,424 | | Ireland | | | - | | | | - | | Colombia | | | 2,360 | | | | 2,503 | | Spain | | | - | | | | - | | Total revenue | | $ | 343,967 | | | $ | 35,658,933 | |
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| Schedule of segment reporting |
| | Three months ended August 31, 2026 | | | Three months ended August 31, 2025 | | Revenue | | $ | 343,967 | | | $ | 35,658,933 | | Cost of revenue | | | (233,930 | ) | | | (35,365,064 | ) | Salaries and wages, excluding stock compensation | | | (1,006,617 | ) | | | (1,506,340 | ) | Stock compensation | | | (89,586 | ) | | | (92,309 | ) | Marketing expenses | | | (477,943 | ) | | | (628,540 | ) | Professional fees | | | (338,135 | ) | | | (107,447 | ) | Travel and entertainment | | | (39,557 | ) | | | (25,218 | ) | Depreciation and amortization | | | (53,953 | ) | | | (43,347 | ) | Rent | | | (29,800 | ) | | | (67,578 | ) | Dues and subscriptions | | | (55,123 | ) | | | (28,210 | ) | Bank and transaction fees | | | (9,131 | ) | | | (17,279 | ) | Provision for credit losses | | | (489,274 | ) | | | - | | Other operating expenses | | | (153,272 | ) | | | (142,666 | ) | Total significant segment expenses | | | (2,976,321 | ) | | | (38,023,998 | ) | Revenue less significant segment expenses | | | (2,632,354 | ) | | | (2,365,065 | ) | Other segment items | | | (1,322,684 | ) | | | (231,169 | ) | Net loss | | $ | (3,955,038 | ) | | $ | (2,596,234 | ) |
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