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Intangible Assets
 3 Months Ended
May 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

NOTE 6 – Intangible Assets

 

Intangible assets as of May 31, 2025, and February 28, 2025 consisted of the following:

  

   May 31, 2025   February 28, 2025 
Software Development  $7,089,049   $7,267,778 
Software Licenses   645,306    789,576 
Trademark   6,283    6,283 
FSA Travel, LLC Tradename   280,000    - 
Journy.tv – Trade Name   138,400    - 
Journy.tv Distribution Agreements   

276,800

    

-

 
Total   8,435,838    8,063,637 
Accumulated amortization   (5,056,789)   (5,936,269)
Intangible assets, net of amortization  $3,379,049   $2,127,368 

 

Amortization expense for the three months ended May 31, 2025, and May 31, 2024 was $206,021 and $286,237, respectively.

 

During the three months ended May 31, 2025 and 2024, the Company recorded no impairment losses associated with the carrying value exceeding its recoverable amount.

 

The estimated aggregate amortization expense for each of the succeeding years ending February 28 is as follows:

  

      
2026 (Remaining)  $620,888 
2027   782,097 
2028   370,885 
2029   127,435 
Thereafter   469,857 
Total  $2,371,162