INVENTORIES

6 Months Ended

Nov. 30, 2024

INVENTORIES

INVENTORIES

NOTE 3 - INVENTORIES

Inventories are stated at the lower of cost or net realizable value. Cost is determined using the weighted average method. Net realizable value is the estimated selling price in the ordinary course of business, less applicable variable selling expenses. The Company periodically reviews inventories for obsolescence and any inventories identified as obsolete are written down or written off.

As of November 30, 2024, inventories consisted of the following:

Description	November 30, 2024	May 31, 2024
Carbon Credit Inventory	USD $73,673	USD $316,738
Total	USD $73,673	USD $316,738

Carbon Credit Inventory

Carbon credit inventory represents carbon credits currently held for sale. The Company engages in the purchase and sale of carbon credits as part of its business operations. These credits are acquired from various projects and are sold to customers seeking to offset their carbon emissions.

Inventory Valuation

The Company evaluates its inventory to ensure it is stated at the lower of cost or net realizable value. This evaluation includes an analysis of the current market conditions, the estimated selling prices of the carbon credits, and any potential obsolescence. Adjustments to the carrying value of inventory are made as necessary to reflect any declines in net realizable value below cost.