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Revenues
9 Months Ended 12 Months Ended
May 31, 2025
Aug. 31, 2024
Revenues    
Revenues

10. Revenues

 

A breakdown of our revenues by type for the nine months ended May 31, 2025, and May 31, 2024, are as follows:

 

 

 

Nine Months Ended May 31

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

IP Licensing

 

$522,000

 

 

$373,990

 

B2B

 

 

9,923

 

 

 

5,388

 

Other

 

 

-

 

 

 

900

 

Total

 

$531,923

 

 

$380,278

 

 

 

The Company recognized $522,000 and $373,990 in licensing revenue for the nine months ended May 31, 2025, and May 31, 2024, respectively.  Licensing revenue consists of IP licensing fees for transfer of the DehydraTECH technology in line with definitive agreements and includes non-refundable minimum performance fees. During the nine-month period ended May 31, 2025, and May 31, 2024, the Company recognized B2B product revenues of $9,923 and $5,388, respectively, that relate to sales of our intermediate products for use by B2B customers in their products.

10. Revenues

 

Revenues for the years ended August 31, 2024 and 2023 consist of the following:

 

 

 

Year Ended August 31,

 

 

 

2024

 

 

2023

 

IP Licensing

 

$457,990

 

 

$146,800

 

B2B

 

 

5,388

 

 

 

44,167

 

Other

 

 

900

 

 

 

35,241

 

Total Revenue

 

$464,278

 

 

$226,208

 

Licensing revenue consists of IP licensing fees for transfer of the DehydraTECH technology in line with definitive agreements and includes non-refundable minimum performance fees. The Company recognized $457,990 in licensing revenue during the year. The Company recognized B2B product revenues of $5,388 that relate to sales of our intermediate products for use by B2B customers in their products.