XML 42 R26.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Leases (Tables)
 9 Months Ended 12 Months Ended
Nov. 30, 2023
Feb. 28, 2023
Leases    
Schedule of Operating Leases

The following summarizes the right-of-use asset and lease information about the Company’s operating lease as of November 30, 2023:

 

Period ended November 30  2023 
Lease cost     
Operating lease cost  $18,697 
Amortization of right of use asset   74,848 
Total lease cost   93,545 
      
Other information     
Cash paid from operating cash flows from operating leases  $0 
Right-of-use assets   906,957 
      
Weighted average remaining lease term - operating lease (years)   4.8 
Weighted average discount rate - operating lease   9.18%

The following summarizes the right-of-use asset and lease information about the Company’s operating lease as of February 28, 2023:

  

Year ended February 28  2023 
Lease cost     
Operating Lease Cost  $12,168 
Amortization of right of use asset   7,756 
Total lease cost   19,924 
Cash paid from operating cash flows from operating leases  $0 
Right-of-use assets   1,020,443 
      
Weighted average remaining lease term - operating lease (years)   5.42 
Weighted average discount rate - operating lease   9.18%
Schedule of Operating Lease Liability for Non-Cancellable Payments

Future minimum lease payments under the operating lease liability has the following non-cancellable lease payments at November 30, 2023:

 

Future minimum lease payments under operating leases    
Year ended February 28,     
2024  $228,801 
2025   233,365 
2026   238,056 
2027   242,874 
2028   247,818 
Thereafter   105,397 
Total   1,296,311 
Less: Imputed interest   (282,397)
Operating lease liability   1,013,914 
Operating lease liability - Current   260,128 
Operating lease liability - Non-current  $753,786 

Future minimum lease payments under the operating lease liability has the following non-cancellable lease payments at February 28, 2023:

 

Schedule of Operating Lease Liability for Non-Cancellable Payments

Future minimum lease payments under operating leases    
Year ended February 28,     
2024  $228,801 
2025   233,365 
2026   238,056 
2027   242,874 
2028   247,818 
Thereafter   105,397 
Total   1,296,311 
Less: Imputed interest   (282,397)
Operating lease liability   1,013,914 
Operating lease liability - Current   149,339 
Operating lease liability - Non-current  $864,575