| FIXED ASSETS |
8.
FIXED ASSETS
Fixed
assets consisted of the following:
SCHEDULE OF FIXED ASSETS
| | |
May 31, 2025 | | |
February 28, 2025 | |
| Automobile | |
$ | 74,237 | | |
$ | 74,237 | |
| Demo devices | |
| 324,533 | | |
| 302,186 | |
| Tooling | |
| 107,020 | | |
| 107,020 | |
| Machinery and equipment | |
| 17,247 | | |
| 8,825 | |
| Computer equipment | |
| 157,448 | | |
| 157,448 | |
| Office equipment | |
| 15,312 | | |
| 15,312 | |
| Furniture and fixtures | |
| 21,225 | | |
| 21,225 | |
| Warehouse equipment | |
| 36,305 | | |
| 36,305 | |
| Leasehold improvements | |
| 26,956 | | |
| 26,956 | |
| Fixed assets gross | |
| 780,283 | | |
| 749,514 | |
| Less: Accumulated depreciation | |
| (521,203 | ) | |
| (491,186 | ) |
| Fixed assets, net of
accumulated depreciation | |
$ | 259,080 | | |
$ | 258,328 | |
During
the three months ended May 31, 2025, the Company made additions of $46,071 of which $22,347 were transfers from inventory with remaining
additions of $23,724. During the three months ended May 31, 2024, the Company made additions of $52,177 of which $33,045 were transfers
from inventory with remaining additions of $19,132.
Depreciation
and amortization for the years ended May 31, 2025, and May 31, 2024, are as follows:
SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES
| Depreciation and Amortization | |
Three Months Ended May
31 2025
| | |
Three Months Ended
May 31, 2024 | |
| | |
| | |
| |
| Fixed assets | |
$ | 30,017 | | |
$ | 41,321 | |
| Revenue earning devices | |
| 4,104 | | |
| 54,355 | |
| Total Depreciation and Amortization included in operating expenses | |
$ | 34,121 | | |
$ | 95,676 | |
|