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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2024
Aug. 31, 2023
Feb. 29, 2024
Feb. 28, 2023
Income Statement [Abstract]            
Revenue $ 154,498 $ 27,663 $ 343,291 $ 47,225 $ 458,752 $ 382,832
Cost of revenue (exclusive of depreciation and amortization, shown separately below) 155,455 23,734 329,036 41,452 397,532 354,921
Gross profit (loss) (957) 3,929 14,255 5,773 61,220 27,911
Operating Expenses:            
Salaries and benefits 628,759 360,947 1,255,511 768,555 1,604,487 2,124,296
Stock based compensation 13,841 30,235 116,512
General and administrative 21,677 128,955 49,231 198,058 152,106 209,561
Sales and marketing 51,347 49,758 207,536 90,539 484,250 707,137
Professional service fees 372,027 125,934 895,900 260,304 1,421,508 615,432
Technology 141,022 83,786 325,691 119,680 311,430 551,418
Organization costs 80,452 109,189 25,000
Depreciation and amortization 95,414 331,549 383,000 667,889 1,468,762 707,238
Other expenses 63,796 10,001 179,655 17,731 156,522 64,684
Total Operating Expenses 1,468,335 1,090,930 3,435,948 2,122,756 5,740,577 4,979,766
Operating loss (1,469,292) (1,087,001) (3,421,693) (2,116,983) (5,679,357) (4,951,855)
Other Income (Expenses)            
Loss on disposal of assets         (14,718)
Gain on extinguishment of liability         166,890
Loss on promissory note receivable         (1,567,665)
Interest income (expense), net (64,227) (73,762) (99,452) (139,151) (48,620) (71,871)
Other Income (expense)         486,633 (9,770)
Total Other Income (Expense) (64,227) (73,762) (99,452) (139,151) (977,480) (81,641)
Net loss from continuing operations before taxes (1,533,519) (1,160,763) (3,521,145) (2,256,134) (6,656,837) (5,033,496)
Provision for income taxes
Net loss from continuing operations (1,533,519) (1,160,763) (3,521,145) (2,256,134) (6,656,837) (5,033,496)
Net gain (loss) from discontinued operations, net of taxes (1,131) 7,778 (675,314)
Net loss (1,534,650) (1,160,763) (3,513,367) (2,256,134) (7,332,151) (5,033,496)
Preferred dividends (10,688) (21,376) (7,125)
Net Loss Applicable to Common Stockholders $ (1,545,338) $ (1,160,763) $ (3,534,743) $ (2,256,134) $ (7,339,276) $ (5,033,496)
Basic loss per common share from continuing operations $ (0.29) [1] $ (13.92) [1] $ (1.07) [1] $ (27.06) [1] $ (29.16) [2] $ (70.32) [2]
Diluted loss per common share from continuing operations (0.29) [1] (13.92) [1] (1.07) [1] (27.06) [1] (29.16) [2] (70.32) [2]
Basic loss per common share from discontinued operations (0.00) [1] [1] (0.00) [1] [1] (2.96) [2] [2]
Diluted loss per common share from discontinued operations (0.00) [1] [1] (0.00) [1] [1] (2.96) [2] [2]
Loss per common share basic (0.29) [1] (13.92) [1] (1.07) [1] (27.06) [1] (32.12) [2] (70.32) [2]
Loss per common share diluted $ (0.29) [1] $ (13.92) [1] $ (1.07) [1] $ (27.06) [1] $ (32.12) [2] $ (70.32) [2]
Weighted average number of shares outstanding basic 5,275,511 [1] 83,371 [1] 3,277,338 [1] 83,371 [1] 228,274 [2] 71,581 [2]
Weighted nverage number of shares outstanding diluted 5,275,511 [1] 83,371 [1] 3,277,338 [1] 83,371 [1] 228,274 [2] 71,581 [2]
[1] On December 29, 2023, Sigma Additive Solutions, Inc. acquired NextTrip in a reverse acquisition. NextTrip Group, LLC was issued
[2] On December 29, 2023, Sigma Additive Solutions, Inc. acquired NextTrip in a reverse acquisition. NextTrip Group, LLC was issued 83,371 shares of Sigma Additive Solutions, Inc. common stock in exchange for 100% of the issued and outstanding capital stock of NextTrip at the time of the reverse acquisition. The Company has reflected this transaction retroactively in these financial statements.