$AERA

AI Era Corp.

CIK:0001605331|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	May 31, 2026	May 31, 2025	May 31, 2026	May 31, 2025
REVENUE
Service revenue	$ 1,438,820	$ 579,800	$ 6,558,366	$ 958,828
Service revenue – related party			433,307	285,000
Copyrights sales		850,300		1,180,300
Copyrights sales – related party		356,000		884,000
Theater revenue	63,019	59,089	176,824	221,954
Total revenue	1,501,839	1,845,189	7,168,497	3,530,082
OPERATING COSTS AND EXPENSES
Amortization expenses	(1,445,409)	(594,802)	(3,467,411)	(849,568)
Cost of copyrights sold		(780,871)		(1,510,921)
Theatre operating costs	(35,849)	(25,995)	(85,681)	(118,598)
General and administrative expenses	(715,496)	(132,297)	(1,155,449)	(479,789)
Related party salary and wages	(583,989)	(400,000)	(983,989)	(499,000)
Total Operating Costs And Expenses	(2,780,743)	(1,933,965)	(5,692,530)	(3,457,876)
Income (Loss) From Operations	(1,278,904)	(88,776)	1,475,967	72,206
OTHER INCOME (EXPENSES)
Loss on change in fair value of warrant liabilities	(3,044,828)		(3,093,820)
Gain on change in fair value of derivative liability	142,598		98,998
Interest expense	(147,863)	(36,468)	(209,964)	(40,041)
Other income				7,486
Total Other Income (expenses)	(3,050,093)	(36,468)	(3,204,786)	(32,555)
(Loss) Income Before Income Tax Provision	(4,328,997)	(125,244)	(1,728,819)	39,651
Income tax provision
NET (LOSS) INCOME	$ (4,328,997)	$ (125,244)	$ (1,728,819)	$ 39,651
NET (LOSS) INCOME PER SHARE: BASIC	$ (0.79)	$ (0.04)	$ (0.40)	$ 0.02
NET (LOSS) INCOME PER SHARE: DILUTED	$ (0.79)	$ (0.04)	$ (0.40)	$ 0.02
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC*	5,459,342	3,161,487	4,343,698	1,851,272
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED*	5,459,342	3,161,487	4,343,698	1,951,272

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	May 31, 2026	May 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (1,728,819)	$ 39,651
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Consulting fees paid in stock	131,800
Stock issued for officer compensation	884,326	400,000
Share-based compensation - officer	41,110
Depreciation of fixed asset	1,427	1,428
Amortization of intangible asset	3,467,411	849,568
Gain on change in fair value of derivative liability	(98,998)
Amortization of discount	163,419
Accrued interest expense	21,143
Loss on change in fair value of warrant liabilities	3,093,820
Costs of copyrights sold		1,510,921
Imputed interest on loan from related parties	25,402	40,041
Non-cash lease expense	(35,999)	(32,372)
Changes in operating assets and liabilities:
Accounts receivable	(110,725)	514,277
Prepaid expenses	6,520	(10,808)
Purchase of intangible assets	(5,453,871)	(7,115,289)
Accounts payable and accrued liabilities	75,767	(17,181)
Deferred revenue	541,276	(57,000)
Net cash provided by (used in) operating activities	1,025,009	(3,876,764)
CASH FLOWS FROM FINANCING ACTIVITIES
(Repayment to) proceeds from related party loan	(2,573,344)	3,257,850
Proceeds from common stock issuances	802,980	650,000
Proceeds from convertible note	847,500
Net cash (used in) provided by financing activities	(922,864)	3,907,850
Net increase in cash and cash equivalents	102,145	31,086
Cash and cash equivalents – beginning of period	13,691	64,430
Cash and cash equivalents – end of period	115,836	95,516
Supplemental Cash Flow Disclosures
Cash paid for interest
Cash paid for income taxes
Non-Cash Investing and Financing Activities:
Proceeds receivable from a private placement offset against purchase obligation of intangible assets	97,600
Repurchase of common shares through non-cash settlement by increasing amounts due to a related party	675,000
Non-cash settlement of prepaid expenses through due to shareholders	129,000
Acquisition of intangible assets financed through accounts payable	$ 1,200,000

Consolidated Balance Sheets (Unaudited) - USD ($)	May 31, 2026	Aug. 31, 2025
Current Assets
Cash and cash equivalents	$ 115,836	$ 13,691
Prepaid expenses	1,988	8,508
Prepaid expenses – related party	129,000
Accounts receivable	330,133	219,408
Total Current Assets	576,957	241,607
Property and equipment, net	1,045	2,472
Right of use operating lease assets	137,394	291,064
Intangible assets, net	9,367,833	4,772,424
Purchase deposits for intangible assets		1,311,349
Security deposit	45,240	45,240
TOTAL ASSETS	10,128,469	6,664,156
Current Liabilities
Accounts payable and accrued liabilities	1,384,973	88,063
Loan from related parties	42,052	1,811,396
Current portion of obligations under operating leases	171,214	253,785
Warrants liability	4,432,209	1,338,389
Convertible note, net of discount	373,506
Derivative liability	538,415
Deferred revenue	541,276
Total Current Liabilities	7,483,645	3,491,633
Obligations under operating leases, non-current		107,098
Total Liabilities	7,483,645	3,598,731
Stockholders’ Equity
Common stock, $0.001 par value, 10,000,000,000 shares authorized; 5,801,681 and 4,016,107 shares issued and outstanding, as of May 31, 2026 and August 31, 2025, respectively*	5,801	4,016
Additional paid-in capital*	14,757,961	13,451,528
Accumulated deficit	(12,119,038)	(10,390,219)
Total Stockholders’ Equity	2,644,824	3,065,425
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 10,128,469	$ 6,664,156