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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2024
Feb. 29, 2024
ASSETS    
Cash and cash equivalents $ 15,385 $ 323,805
Promissory note receivable, net 1,000,000 1,000,000
Accounts receivable, net 15,753 34,082
Prepaid expenses and other current assets 493,373 340,921
Total Current Assets 1,524,511 1,698,808
Non-Current assets    
Property and equipment, net 5,932 6,642
Intangible assets, net 2,242,078 2,173,420
Security deposit 38,425 42,167
Goodwill 1,167,805 1,167,805
Total Non-Current Assets 3,454,240 3,390,034
Total Assets 4,978,751 5,088,842
Current Liabilities    
Accounts payable 1,334,925 531,847
Accrued expenses 1,175,851 460,768
Deferred revenue 90,197 139,921
Total Current Liabilities 6,394,097 1,960,813
Total Liabilities 6,394,097 1,960,813
Commitments and Contingencies
Stockholder’s Equity    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized; 225,520 and 472,996 shares issued and outstanding, respectively 226 474
Common Stock, $0.001 par value, 250,000,000 and 1,200,000 shares authorized, respectively; 1,429,492 and 936,430 shares issued and outstanding, respectively 1,430 936
Additional Paid in Capital 28,288,831 27,277,758
Accumulated deficit (29,705,833) (24,151,139)
Total Stockholders’ Equity (1,415,346) 3,128,029 [1]
Total Liabilities and Stockholders’ Equity 4,978,751 5,088,842
Nonrelated Party [Member]    
Current Liabilities    
Notes payable 822,719
Related Party [Member]    
Current Liabilities    
Notes payable $ 2,970,405 $ 828,277
[1] 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.