Note 12 - Sales and Cost of Sales

6 Months Ended

Jan. 31, 2026

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

NOTE 12: SALES AND COST OF SALES

The table below provides a breakdown of our sales revenue and the cost of sales revenue:

	Three Months Ended January 31,						Six Months Ended January 31,
	2026			2025			2026			2025
Sales of purchased uranium inventory	$	20,200		$	49,750		$	20,200		$	66,837
Cost of purchased uranium inventory		(10,172	)		(31,524	)		(10,172	)		(42,360	)
Gross profit	$	10,028		$	18,226		$	10,028		$	24,477

The sale of purchased uranium inventory was completed on January 30, 2026. The receivable arising from the sale was subsequently collected on February 13, 2026.

The table below provides a breakdown of major customers:

	Three Months Ended January 31,						Six Months Ended January 31,
	2026			2025			2026			2025
Customer A		-			67	%		-			50	%
Customer B		100	%		33	%		100	%		24	%
Customer C		-			-			-			14	%
Customer D		-			-			-			12	%
		100	%		100	%		100	%		100	%