NOTE 5 – INTANGIBLE ASSETS

12 Months Ended

Aug. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 5 – INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

As of August 31, 2025 and 2024, the balance of intangible assets was as follows: 

	August 31, 2025			August 31, 2024
Movie copyrights and broadcast right	$	5,893,783		$	8,310,331
Television series		1,193,074			935,000
Short form drama series		5,413,923			—
NFT MMM platform		280,000			280,000
Total cost		12,780,780			9,525,331
Accumulated amortization		(8,008,356	)		(9,154,407	)
Intangible assets, net	$	4,772,424		$	370,924

The amortization expense for the years ended August 31, 2025 and 2024 was $1,557,653 and $1,660,459, respectively. Estimated future amortization expense is as follows:

Twelve months ending August 31,	Amortization expense
2026	$	2,976,493
2027		1,795,931
Total	$	4,772,424

AB INTERNATIONAL GROUP CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 5 – INTANGIBLE ASSETS (continued)

On August 6, 2022, the Company licensed its NFT MMM platform to a third party, Anyone Pictures Limited, granting access to the platform and related data through both the mobile application and website for one year beginning August 20, 2022, at a monthly license fee of $60,000. Following a license renewal on November 1, 2023, the Company continued licensing the NFT MMM platform from November 1, 2023 through October 31, 2025, at a monthly license fee of $57,000; however, the agreement was terminated on January 31, 2025. On February 21, 2025, the Company entered into a stock purchase agreement with Anyone Pictures Limited, which subsequently became a related party due to its shareholding. On June 1, 2025, the Company renewed the license, granting Anyone Pictures Limited access to the platform from June 1, 2025 through May 31, 2026, at a monthly license fee of $50,000. The Company retains ownership and all copyrights to the NFT MMM platform, including the mobile application “NFT MMM” and the website starestnet.io. For the years ended August 31, 2025 and 2024, the Company recognized license revenue of $435,000 and $570,000, respectively (see Note 8).

During the year ended August 31, 2024, the Company entered into several copyright acquisition agreements with All In One Media Ltd. On September 10, 2023, the Company acquired the copyrights for four movies for a total purchase price of $104,714, allowing the Company to distribute the films outside Mainland China. On November 27, 2023, the Company further acquired the Mainland China copyrights for the same four movies for an additional purchase price of $378,513. On September 30, 2023, the Company entered into another agreement to acquire the copyrights and global broadcast rights for two movies for a total purchase price of $212,562. On August 13, 2024, the Company entered into another agreement to acquire the copyrights and global broadcast rights for two additional movies for a total purchase price of $580,000.

During the year ended August 31, 2024, in November 2023, the Company entered into an agreement with Anyone Pictures Limited to sell the Mainland China copyrights of one movie for $180,000 and the offline broadcast rights of another movie for $211,800. The granted broadcast rights are globally exclusive, except for Mainland China.

During the year ended August 31, 2024, on November 21, 2023, the Company entered into an agreement with Capitalive Holdings Limited to sell the offline broadcast rights of one movie for $140,000. The granted broadcast rights are globally exclusive, except for Mainland China.

During the year ended August 31, 2024, on July 27, 2024, the Company has entered into an agreement with Anyone Pictures Limited to sell the mainland China copyrights of 3 movies for $800,000.

On August 5, 2024, the Company has entered into an agreement with Zestv Studios Limited to sell its offline broadcast rights of one movie for $105,000. The granted offline broadcast rights are globally exclusive, with the exception of Mainland China and United States. (See Note 8)

During the year ended August 31, 2024, the total sale amount of intangible assets was $1,436,800 and the total purchased amount of intangible assets was 695,789.

During the year ended August 31, 2025, on September 30, 2024, the Company entered into an agreement with Capitalive Holdings Limited to sell the offline broadcast rights of two movies for $55,000. The granted broadcast rights are globally exclusive, except for Mainland China.

During the year ended August 31, 2025, on September 30, 2024, the Company entered into an agreement with All In One Media Ltd. to acquire the copyrights and broadcast rights for one movie for a total purchase price of $360,000. The acquired rights allow the Company to broadcast the movie globally. On October 21, 2024, the Company entered into an agreement with Anyone Pictures Limited, a related party, to sell the broadcast rights for the same movie for $228,000. The granted broadcast rights are exclusive to Mainland China (see Note 8).

During the year ended August 31, 2025, the Company received the copyright and broadcast right for three movies from All In One Media Ltd for $800,000. The copyright allows the Company to broadcast globally.

AB INTERNATIONAL GROUP CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 5 – INTANGIBLE ASSETS (continued)

During the year ended August 31, 2025, the Company also received the copyright and broadcast right of 20-episode TV drama and 10-episode TV drama from Stareastnet Portal Limited for $310,123 and $120,000, respectively. The movie copyright allows the Company to broadcast globally and the TV drama copyright allows the Company to broadcast globally with the exception of Mainland China.

During the year ended August 31, 2025, the Company entered into an agreement with Capitalive Holdings Limited to sell the ABQQ.TV website and the copyrights of 59 movies for $275,000. The copyrights are globally exclusive, with the exception of Mainland China.

During the year ended August 31, 2025, the Company entered into an agreement with Anyone Pictures Limited, a related party, to sell the broadcast rights of four movies for $300,000. The granted broadcast rights are exclusive to Mainland China. (see Note 8).

During the year ended August 31, 2025, the Company acquired from All In One Media Ltd. the copyrights and broadcast rights for one movie and 1,151 series and 195 series and 751 series of TV drama, for a price of $600,000, $3,455,000, $262,500, and $676,000, respectively. The movie rights permit global broadcast, while the TV drama rights allow global broadcast excluding Mainland China.

During the year ended August 31, 2025, the Company also acquired from Guangdong Huanshi Film Industry Co., Ltd. the copyrights and broadcast rights of 20 series, 360 series and 100 series of TV drama, for a price of $57,016, $913,671, and $49,736, respectively. These copyrights allow the Company to broadcast globally, except for Mainland China. In addition, the Company sold the broadcast rights of one movie to Guangdong Honor Film Co., Ltd. for $209,200, granting Mainland China exclusive rights.

During the year ended August 31, 2025, the Company entered into an agreement with Capitalive Holdings Limited to sell the offline broadcast rights of five movies for $201,100 and three movies for $440,000, respectively. The granted rights are globally, except for Mainland China.

During the year ended August 31, 2025, the Company entered into an agreement with Anyone Pictures Limited, a related party, to sell the broadcast rights of one movie for $356,000. The granted broadcast rights are Mainland China exclusive. The Company also entered into an agreement with Anyone Pictures Limited to sell the copyright of two series of TV dramas for $410,000. The TV drama copyright allows the Company to broadcast globally, except for Mainland China. (See Note 8)

During the year ended August 31, 2025, the Company entered into an agreement with Capitalive Holdings Limited to grant non-exclusive, time-based licenses allowing the customer to broadcast the Company’s films and television series, primarily short-form drama series. License fees are charged per movie or per drama series per month. The Company received total broadcast licensing fees of $988,920 from Capitalive Holdings Limited during the year ended August 31, 2025.

During the year ended August 31, 2025, the Company also licensed the download rights to Guangdong Dangliang Film Co., Ltd. to download the Company’s film through the cloud-based platforms. The licensed rights exclude Mainland China. License fees are charged per movie based on the authorized period, typically monthly or annually, and are not linked to user activity or download volume. The Company received total download licensing fees of $611,000 from Guangdong Dangliang Film Co., Ltd. during the year ended August 31, 2025.

During the year ended August 31, 2025, the total sale amount of intangible assets was $2,474,300 and the total purchased amount of intangible assets was $7,604,046.

AB INTERNATIONAL GROUP CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS