v3.26.1
4. Property, plant and equipment
 12 Months Ended
Feb. 28, 2026
Property, Plant, and Equipment [Abstract]  
4. Property, plant and equipment 4.     Property, plant and equipmenta. Accounts by year end

Property, plant and equipment consist of the following:

                 
  

Feb

28,


2026

$

 

Feb

28,


2025

$

Computer software   1,133    1,133 
Motor vehicles   11,889    11,889 
Plant and machinery   1,145,734    1,144,371 
Furniture and fittings   99,098    99,098 
Computer equipment   146,437    146,437 
Laboratory equipment   239,834    239,834 
Total cost   1,644,125    1,642,762 
Effect of foreign currency translation   120,874    38,373 
Total accumulated depreciation   (1,433,653)   (1,332,649)
Total   331,346    348,486 

 

 

Depreciation of property, plant and equipment totaled approximately $80,873 for the period ending February 28, 2026 compared to $73,846 for the period ending February 28, 2025.

 

The Company has not acquired any property and equipment under capital leases.

 

Depreciation Allocation to Cost of Goods Sold:

 

A portion of the depreciation expense related to Property, Plant, and Equipment has been allocated to the Cost of Goods Sold. This practice is in accordance with the company's accounting policy, which recognizes a portion of the depreciation expense as part of the cost of producing goods.

 

The allocation of depreciation to Cost of Goods Sold is based on the estimation of the assets' usage in the production process. This method is employed to better match the cost of assets with the revenue generated during the period.

 

Depreciation of $20,131 was allocated to Cost of Goods Sold for the year ending February 28, 2026, compared to $21,888 for the year ending February 28, 2025.