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Property and Equipment
9 Months Ended 12 Months Ended
Nov. 30, 2023
Feb. 28, 2023
Property, Plant and Equipment [Abstract]    
Property and Equipment

5. Property and Equipment

 

Property and equipment as of November 30, 2023 and February 28, 2023, consisted of the following:

 

   November 30,
2023
   February 28,
2023
 
Furniture and Fixtures  $17,018   $17,018 
Computer and Equipment   80,161    73,548 
Total   97,179    90,566 
Accumulated depreciation   (89,266)   (74,030)
Property and Equipment, net of depreciation  $7,913   $16,536 

 

Depreciation for the three months ended November 30, 2023 and 2022 was $4,685 and $8,273, respectively, and depreciation expense for the nine months ended November 30, 2023 and 2022 was $15,235 and $22,898, respectively, and for the year ended February 28, 2023, was $30,386, recorded in operating expenses.

 

During the period ended November 30, 2023, and the year ended February 28, 2023, the Company acquired property and equipment of $6,612 and $2,928, respectively.

 

5. Property and Equipment

 

Property and equipment as of February 28, 2023, and 2022 consisted of the following:

  

   February 28,
2023
   February 28,
2022
 
Furniture and Fixtures  $17,018   $17,018 
Computer and Equipment   73,548    70,621 
Total   90,566    87,639 
Accumulated depreciation   (74,030)   (43,645)
Property and Equipment, net of depreciation  $16,536   $43,994 

 

Depreciation expense for the years ended February 28, 2023, and 2022, was $30,386 and $20,513, respectively, and is recorded in operating expenses.

 

During the years ended February 28, 2023, and 2022, the Company acquired property and equipment of $2,928 and $26,772, respectively.

 

During the year the Company entered into an asset purchase agreement to acquire Bookit. (see note 13)