NOTE 5 – INTANGIBLE ASSETS

3 Months Ended

Nov. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 5 – INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

As of November 30, 2025 and August 31, 2025, the balance of intangible assets was as follows: 

	November 30, 2025			August 31, 2025
Movie copyrights and broadcast right	$	5,893,783		$	5,893,783
Television series		1,193,074			1,193,074
Short form drama series		7,063,923			5,413,923
NFT MMM platform		280,000			280,000
Total cost		14,430,780			12,780,780
Accumulated amortization		(8,927,137	)		(8,008,356	)
Intangible assets, net	$	5,503,643		$	4,772,424

The amortization expense for the three months ended November 30, 2025 and 2024 was $918,781 and $154,722, respectively. Estimated future amortization expense is as follows:

Twelve months ending November 30,	Amortization expense
2026	$	3,789,224
2027		1,714,420
Total	$	5,503,643

AI ERA CORP. (FORMERLY KNOWN AS AB INTERNATIONAL GROUP CORP.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

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 three months ended November 30, 2025 and 2024, the Company recognized license revenue of $150,000 and $171,000, respectively (see Note 8).

During the three months ended November 30, 2024, 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 three months ended November 30, 2024, 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 in Mainland China for the same movie for $228,000.

 During the three months ended November 30, 2024, the total sale amount of intangible assets was $283,000 and the total intangible assets received was $360,000.

On March 27, 2025, the Company entered into an agreement with All-in-One Media Ltd. to acquire the copyrights and broadcast rights of 1,500 episodes of short form drama series. On September 28, 2025, the Company entered into another agreement to acquire the copyrights and broadcast rights of 500 episodes of short form drama series. During the three months ended November 30, 2025, the Company received the copyrights from All-in-One Media Ltd. of 1,500 series and 500 series of TV drama for a price of $1,350,000 and $300,000, respectively. These copyrights allow the Company to broadcast globally, except for Mainland China.

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 $82,240 and $0 from Capitalive Holdings Limited during the three months ended November 30, 2025 and 2024.

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 $548,310 and $0 from Guangdong Dangliang Film Co., Ltd. during the three months ended November 30, 2025 and 2024.

During the three months ended November 30, 2025, the total sale amount of intangible assets was $0 and the total intangible assets received was $1,650,000.

AI ERA CORP. (FORMERLY KNOWN AS AB INTERNATIONAL GROUP CORP.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)