NOTE 13 – SEGMENT INFORMATION

3 Months Ended

Nov. 30, 2024

Segment Reporting [Abstract]

NOTE 13 – SEGMENT INFORMATION

NOTE 13 – SEGMENT INFORMATION

The Company reports information about operating segments in accordance with ASC 280-10, Segment Reporting, which requires financial information to be reported based on the way management organizes segments within a company for making operating decisions and evaluating performance. As the result of business strategic changes, the Company has identified two reportable segments: Copyrights and license (“IP’) segment and cinema segment.

The following table presents summary information by segment for the three months ended November 30, 2024 and 2023, respectively.

	IP Segment					Cinema Segment					Total
	Three months ended					Three months ended					Three months ended
	November 30,					November 30,					November 30,
	2024		2023			2024			2023		2024			2023
Revenue	$	548,200	$	714,288		$	78,150		$	87,459	$	626,350		$	801,747
Costs of copyrights sold		279,884		—			—			—		279,884			—
Theatre operating costs		—		—			44,960			41,355		44,960			41,355
Depreciation and Amortization		155,199		512,917			—			—		155,199			512,917
Interest expense		2,298		13,242			—			—		2,298			13,242
Segment assets		1,936,419		2,632,394			285,896			23,969		2,222,315			2,656,363
Segment income (loss)	$	1,154	$	(16,144	)	$	(51,190	)	$	59,744	$	(50,036	)	$	43,600