| Prepaid Expenses and Other Current Assets |
5.
Prepaid Expenses and Other Current Assets
Schedule
of Prepaid Expenses and Other Current Assets
| | |
August 31, 2025 | | |
February 28, 2025 | |
| Prepayment to vendors | |
| 1,698,985 | | |
| 1,885,404 | |
| Prepayment for rental | |
| 111 | | |
| 107 | |
| Deposit | |
| 2,948,330 | | |
| 1,018,681 | |
| Rent receivable (a) | |
| - | | |
| 1,592,794 | |
| Loan receivable (b) | |
| 1,571,115 | | |
| 1,531,383 | |
| Advances to employees | |
| 467,275 | | |
| 474,517 | |
| Other | |
| 309,399 | | |
| 293,719 | |
| VAT | |
| 97 | | |
| 12,379 | |
| Total | |
| 6,995,312 | | |
| 6,808,984 | |
| Allowance for doubtful debt | |
| (153,110 | ) | |
| (149,906 | ) |
| Prepaid
expenses and other current assets | |
| 6,842,202 | | |
| 6,659,078 | |
| (a) |
As
of the year end February 28, 2025 the Xiaoshan airport project has been suspended. For six months ended August 31, 2025, the rental fee
in relation with the project has been refunded and the refund has been received by the Company. |
| |
|
| (b) |
Loan
receivables are loans lent to third parties. All loans are interest free and will be repaid on demand. |
|