NOTE 13 – SEGMENT INFORMATION (Tables)

9 Months Ended

May 31, 2023

Segment Reporting [Abstract]

NOTE 13 - SEGMENT INFORMATION - Summary of Information by Segment

The following table presents summary information by segment for the nine months ended May 31, 2023 and 2022, respectively.

	IP Segment						Cinema Segment				Total
	Nine months ended						Nine months ended				Nine months ended
	May 31						May 31				May 31
	2023			2022			2023		2022		2023			2022
Revenue	$	791,225		$	2,056,000		$	317,415	$	—	$	1,108,640		$	2,056,000
Cost of revenue		2,530,435			2,235,534			139,567		—		2,670,002			2,235,534
Gross income (loss)		(1,739,210	)		(179,534	)		177,848		—		(1,561,362	)		(179,534	)
Interest income		495			—			—		—		495			—
Depreciation		3,332			39,902			—		—		3,332			39,902
Capital expenditure		—			—			—		—		—			—
Segment assets		3,276,524			6,820,353			14,849		—		3,291,373			6,820,353
Segment income (loss)	$	(3,054,265	)	$	(1,769,767	)	$	142,738	$	—	$	(2,911,527	)	$	(1,769,767	)

The following table presents summary information by segment for the three months ended May 31, 2023 and 2022, respectively.

	IP Segment						Cinema Segment				Total
	Three months ended						Three months ended				Three months ended
	May 31						May 31				May 31
	2023			2022			2023		2022		2023			2022
Revenue	$	433,939		$	256,000		$	139,450	$	—	$	573,389		$	256,000
Cost of revenue		751,192			862,400			60,859		—		812,051			862,400
Gross income (loss)		(317,253	)		606,400			78,591		—		(238,662	)		606,400
Interest income		337			—			—		—		337			—
Depreciation		1,108			13,300			—		—		1,108			13,300
Capital expenditure		—			—			—		—		—			—
Segment assets		3,276,524			6,820,353			14,849		—		3,291,373			6,820,353
Segment income (loss)	$	(724,768	)	$	(1,169,662	)	$	80,941	$	—	$	(643,827	)	$	(1,169,662	)