NOTE 11 – CONCENTRATION RISK

6 Months Ended

Feb. 28, 2025

Risks and Uncertainties [Abstract]

NOTE 11 – CONCENTRATION RISK

NOTE 11 – CONCENTRATION RISK

Concentration

For the six months ended February 28, 2025, 48%, 22% and 20% of the total revenue were generated from three customers, respectively.

For the six months ended February 29, 2024, 35% of the total revenue was generated from one customer.

As of February 28, 2025 and August 31, 2024, 99% and 96% of the Company’s accounts receivable balance was receivable from one customer, respectively.

Credit risk

Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. In the US, the insurance coverage of each bank is $250,000. As of February 28, 2025 and August 31, 2024, cash balance of $135,873 and $64,430, respectively, were maintained at financial institutions in the US. While management believes that these financial institutions are of high credit quality, it also continually monitors their creditworthiness.