Goodwill Disclosure

3 Months Ended

Feb. 28, 2026

Notes

Goodwill Disclosure

NOTE E - GOODWILL

In connection with the acquisition of Liberty Home Inspection Services LLC in August 2025, the Company recorded goodwill of $78,754, all of which was assigned to the LHIS reporting unit. As of February 28, 2026, in connection with the qualitative and quantitative impairment evaluation performed by management under ASC 350-20-35, including consideration of the LHIS reporting unit’s recurring operating losses, limited historical and forecasted revenue, key-person concentration risk, and LHIS’s financial condition, The fair value of the LHIS reporting unit was estimated using the income approach (discounted cash flow method), which incorporated management’s projections of future cash flows and a discount rate reflecting the risk profile of the reporting unit. Based on this analysis, management concluded that the carrying amount of the LHIS reporting unit exceeded its fair value. Accordingly, the Company recognized a goodwill impairment charge of $78,754 in its Statements of Operations for the three months ended February 28, 2026, reducing the carrying amount of goodwill to $0 as of February 28, 2026. The impairment charge is non-cash and did not affect the Company’s cash position. The Company will reassess any future indicators of value at each reporting date.