INCOME TAXES

12 Months Ended

Aug. 31, 2025

Income Tax Disclosure [Abstract]

INCOME TAXES

NOTE 13 – INCOME TAXES

For the years ended August 31, 2025, and 2024, the benefit for income taxes differed from the amounts computed by applying the statutory federal income tax rate at which rate the tax benefits are expected to occur. The reconciliation is as follows:

	Years Ended August 31
	2025			2024
Benefit computed at statutory rate	$	174,000		$	187,000
State tax (benefit), net of federal affect		36,000			39,000
Increase in valuation allowance		(210,000	)		(226,000	)
Net income tax benefit	$	-		$	-

The Company has net operating loss carry-forward for income tax purposes aggregating approximately $9.0 million at August 31, 2025.

The net deferral tax asset is as follows:

	Years Ended August 31
	2025			2024
Net operating loss carry-forward	$	2,279,000		$	2,045,000
Accrued compensation and other liabilities		304,000			337,000
Valuation allowance		(2,583,000	)		(2,382,000	)
Net deferred tax asset	$	-		$	-