v3.25.1
Convertible Notes Payable - Schedule of Convertible Notes Payable (Details) - USD ($)
$ in Thousands
Feb. 28, 2025
Feb. 29, 2024
Schedule of Convertible Notes Payable [Line Items]    
Unamortized debt discount $ (1)
Convertible notes payable 1,513 1,508
Convertible notes payable 1 – past due [Member]    
Schedule of Convertible Notes Payable [Line Items]    
Convertible notes payable past due [1] 1,403 1,403
Convertible notes payable 2 – past due [Member]    
Schedule of Convertible Notes Payable [Line Items]    
Convertible notes payable past due [2] $ 110 $ 106
[1] In Fiscal 2013 and 2014, the Company issued six convertible notes payable in the aggregate of $4,000. The notes are unsecured, bear interest at 5% per annum and are convertible into shares of common stock at a conversion price of $1.40 per share, as adjusted. The notes were originally due in 2014 to 2017 and were all amended in 2018 to change the maturity date to January 11, 2023. As of February 28, 2025 and February 29, 2024, the outstanding balance of the convertible notes payable amounted to $1,403 and are past due.
[2] In Fiscal 2024 the Company issued convertible notes payable to unrelated individuals and entities totaling $110 in exchange for cash. The notes are unsecured, bear interest at rate of 10% per annum, and matured in March 2024. The notes payable are convertible into shares of common stock at a conversion price of $0.20 per share. As of February 28, 2025 and February 29, 2024, the outstanding balance of the convertible notes payable amounted to $110 and $106, respectively, and are past due.