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Consolidated Balance Sheets - USD ($)
Feb. 28, 2025
Feb. 29, 2024
ASSETS    
Cash and cash equivalents $ 1,062,367 $ 323,805
Promissory note receivable, net 1,000,000
Accounts receivable, net 22,567 34,082
Prepaid expenses and other current assets 1,380,575 340,921
Total Current Assets 2,465,509 1,698,808
Non-Current assets    
Property and equipment, net 4,119 6,642
Intangible assets, net 2,127,368 2,173,420
Security deposit 30,167 42,167
Goodwill 1,167,805 1,167,805
Equity investments 3,407,610
Other prepaid assets 733,575
Total Non-Current Assets 7,470,644 3,390,034
Total Assets 9,936,153 5,088,842
Current Liabilities    
Accounts payable 1,184,404 531,847
Accrued expenses 721,382 460,768
Deferred revenue 97,770 139,921
Total Current Liabilities 2,571,086 1,960,813
Total Liabilities 2,571,086 1,960,813
Commitments and Contingencies
Stockholder’s Equity    
Preferred Stock, $0.001 par value; 10,000,000 shares authorized; 3,106,616 and 472,996 shares issued and outstanding, respectively 3,107 474
Common Stock, par value $0.001, 250,000,000 and 1,200,000 shares authorized, 1,656,738 and 936,430 shares issued and outstanding, respectively [1] 1,657 936
Additional Paid in Capital () [1] 41,710,126 27,277,758
Accumulated deficit (34,349,823) (24,151,139)
Total Stockholders’ Equity 7,365,067 3,128,029 [2]
Total Liabilities and Stockholders’ Equity 9,936,153 5,088,842
Nonrelated Party [Member]    
Current Liabilities    
Notes payable 506,004
Related Party [Member]    
Current Liabilities    
Notes payable $ 61,526 $ 828,277
[1] On December 29, 2023, the Company (then known as Sigma Additive Solutions, Inc.) acquired NextTrip Holdings, Inc. (“NTH”) in a reverse acquisition. NextTrip Group, LLC (“NTG”) was issued 83,371 shares of Company common stock in exchange for 100% of the issued and outstanding capital stock of NTH at the time of the reverse acquisition. The Company has reflected this transaction retroactively in these financial statements.
[2] On December 29, 2023, the Company (then known as Sigma Additive Solutions, Inc.) acquired NTH in a reverse acquisition. NTG was issued 83,371 shares of Company common stock in exchange for 100% of the issued and outstanding capital stock of NTH at the time of the reverse acquisition. The Company has reflected this transaction retroactively in these financial statements.