v3.25.2
Income Taxes (Tables)
3 Months Ended
May 31, 2025
Income Taxes [Abstract]  
Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities, and related valuation allowance as of May 31, 2025 and February 28, 2025 were as follows:

 

   May 31,
2025
   February 28,
2025
 
Total deferred tax assets  $1,799,606   $1,786,943 
Total deferred tax liabilities   (5,025,381)   (4,968,693)
Valuation allowance on net deferred tax assets   (1,768,642)   (1,707,579)
Net deferred tax liability  $(4,994,417)  $(4,889,329)
Schedule of Federal and State Income Tax (Provisions) Benefit on Investments

Federal and state income tax (provisions) benefit on investments for three months ended May 31, 2025 and May 31, 2024:

 

   For the three months ended 
   May 31,
2025
   May 31,
2024
 
Current        
Federal  $
-
   $
-
 
State   
-
    
-
 
Net current expense   
-
    
-
 
Deferred          
Federal   98,776    322,466 
State   6,312    23,156 
Net deferred expense   105,088    345,622 
Net tax provision  $105,088   $345,622