NOTE 7 – PURCHASE DEPOSITS FOR INTANGIBLE ASSETS

12 Months Ended

Aug. 31, 2025

Accounting Policies [Abstract]

NOTE 7 – PURCHASE DEPOSITS FOR INTANGIBLE ASSETS

NOTE 7 – PURCHASE DEPOSITS FOR INTANGIBLE ASSETS

The balance of purchase deposits for intangible assets, which relates to the acquisitions of copyrights and broadcast rights for movies, TV dramas, and software was as follows:

	August 31, 2025		August 31, 2024
Purchase deposit for copyright and broadcast right for movies and series	$	1,011,349	$	745,123
Purchase deposit for intellectual property of ufilm		300,000		—
Total purchase deposits for intangible assets	$	1,311,349	$	745,123

On February 23, 2024, the Company entered into an agreement to acquire the copyrights and broadcast rights of a movie and paid a purchase deposit of $300,000. On June 5, 2024, the Company entered into an agreement to acquire the copyrights and broadcast rights of a television drama series and paid a purchase deposit of $155,123. On August 13, 2024, the Company entered into an agreement to acquire the copyrights and broadcasting rights of two movies and paid a purchase deposit of $290,000. As of August 31, 2024, total purchase deposits for intangible assets amounted to $745,123.

On March 27, 2025, the Company entered into an agreement to acquire the copyrights and broadcast rights of 1,500 episodes of short form drama series. The granted broadcasting rights are exclusive to Mainland China. As of August 31, 2025, the Company had paid purchase deposits of $1,011,349 towards this acquisition. The company received these short form drama series in September 2025.

In May 2025, the Company entered into an agreement to acquire a license to the intellectual property (“IP”) of ufilm from AIHUB Releasing, Inc. for total consideration of $2,000,000. The original settlement terms required a payment of $500,000 in cash within 10 days of the agreement date, with the remaining $1,500,000 payable within 10 days following the successful completion of related SaaS system testing. On June 2, 2025, the parties mutually agreed to amend the agreement, under which the Company fully settled the purchase consideration by transferring its NFT MMM intellectual property to AIHUB Releasing, Inc. Subsequently, on July 12, 2025, the parties further amended the agreement. Under the revised terms, the Company agreed to acquire all rights to the ufilm AI IP from AIHUB Releasing, Inc. for a cash consideration of $300,000, replacing the previously agreed transfer of the Company’s NFT MMM IP. As of August 31, 2025, the Company had paid purchase deposits of full purchase price totaling $300,000. The asset has not yet been delivered and are currently undergoing third-party testing. It is expected to be delivered in late December 2025.

AB INTERNATIONAL GROUP CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS