XML 41 R32.htm IDEA: XBRL DOCUMENT v3.22.2
Summary of Principal Accounting Policies (Details) - USD ($)
 3 Months Ended
May 31, 2022
May 31, 2021
Feb. 28, 2022
Current assets $ 8,828,859   $ 10,209,096
Non-current assets 376,607   157,809
Total assets 9,205,466   10,366,905
Current liabilities 5,313,091   5,278,655
Non-current liabilities 118,913  
Total liabilities 5,432,004   5,278,655
Cost of revenue (4,478,052) $ (5,376,792)  
Gross profit (loss) 377,071 619,697  
Amortization and depreciation (14,172) (14,421)  
General and administrative expenses (1,239,550) (1,179,747)  
Marketing cost (57,191) (85,007)  
Research & development (211,647) (135,429)  
Total operating expenses 1,812,491 1,475,579  
Profit (loss) from operations (1,435,420) (855,882)  
Interest income 757 1,270  
Other income 5,098 36,997  
Tax expense  
Net profit (loss) (1,444,123) (911,890)  
Variable Interest Entity, Primary Beneficiary [Member]      
Current assets 4,995,626   4,503,346
Non-current assets 259,023   21,042
Total assets 5,254,649   4,524,388
Current liabilities 9,394,090   8,556,844
Non-current liabilities 118,913  
Total liabilities 9,513,003   8,556,844
Revenue 1,438,367 373,151  
Cost of revenue (1,149,147) (109,046)  
Gross profit (loss) 289,220 264,105  
Amortization and depreciation (1,719) (2,068)  
General and administrative expenses (582,112) (538,671)  
Marketing cost (57,131) (51,079)  
Research & development (111,455) (135,429)  
Total operating expenses (752,417) (727,247)  
Profit (loss) from operations (463,197) (463,142)  
Interest income 705 1,215  
Other income 5,098 139  
Total other income (expense) 5,803 1,354  
Tax expense  
Net profit (loss) (457,394) (461,788)  
Variable Interest Entity, Not Primary Beneficiary [Member]      
Current assets 3,537,653   5,330,206
Non-current assets 8,368   9,121
Total assets 3,546,021   5,339,327
Current liabilities 2,485,941   4,162,414
Non-current liabilities  
Total liabilities 2,485,941   $ 4,162,414
Revenue 3,416,755 5,524,623  
Cost of revenue (3,328,904) (5,177,746)  
Gross profit (loss) 87,851 346,877  
Amortization and depreciation (266) (225)  
General and administrative expenses (119,792) (111,193)  
Marketing cost (59) (33,928)  
Research & development (22,244)  
Total operating expenses (142,361) (145,346)  
Profit (loss) from operations (54,510) 201,531  
Interest income 41 14  
Other income 36,858  
Total other income (expense) 41 36,872  
Tax expense  
Net profit (loss) $ (54,469) $ 238,403