Consolidated Statement of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Feb. 29, 2024 |
Feb. 28, 2023 |
Feb. 29, 2024 |
Feb. 28, 2023 |
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Operations | ||||
Total revenue | $ 247,222 | $ 7,823 | $ 287,062 | $ 7,823 |
Cost of revenue | 223,758 | 1,190 | 237,959 | 1,190 |
Gross profit | 23,464 | 6,633 | 49,103 | 6,633 |
Marketing expenses | 66,629 | 17,928 | 95,468 | 36,912 |
Salaries and wages | 149,533 | 0 | 464,274 | 0 |
Professional fees | 51,188 | 231,020 | 201,650 | 324,347 |
Other operating expenses | 127,513 | 142,950 | 262,302 | 305,377 |
Total operating expenses | 394,863 | 391,898 | 1,023,694 | 666,636 |
Loss from Operations | (371,399) | (385,265) | (974,591) | (660,003) |
Impairment of Investments | 0 | 0 | ||
Other income (expenses) | (99,872) | 13,476 | (1,188,775) | 13,969 |
Net loss before income taxes | (2,163,366) | (646,034) | ||
Federal income tax expense | 0 | 0 | 0 | 0 |
Net loss | (471,271) | (371,789) | (2,163,366) | (646,034) |
Other comprehensive loss | ||||
Foreign currency translation gain (loss) | (20,561) | 33,371 | (30,941) | 1,398 |
Total comprehensive loss | $ (491,832) | $ (338,418) | $ (2,194,308) | $ (644,636) |
Earnings Per Share | ||||
Weighted average shares outstanding (Basic and Diluted) | 77,617,191 | 69,323,708 | 77,017,953 | 69,077,537 |
Basic and fully diluted loss per share | $ (0.01) | $ (0.01) | $ (0.03) | $ (0.01) |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current and deferred federal tax expense (benefit) attributable to income (loss) from continuing operations. Includes, but is not limited to, current and deferred national tax expense (benefit) for non-US (United States of America) jurisdiction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services. Costs of public relations and corporate promotions are typically considered to be marketing costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for salary and wage arising from service rendered by nonofficer employee. Excludes allocated cost, labor-related nonsalary expense, and direct and overhead labor cost included in cost of good and service sold. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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