v3.26.1
4. Property, plant and equipment
 3 Months Ended
May 31, 2026
Property, Plant, and Equipment [Abstract]  
4. Property, plant and equipment

4.       Property, plant and equipment

Property, plant and equipment consist of the following:

                 
  

May 31, 2026 (unaudited)

$

 

Feb 28, 2026

$

Computer software   1,133    1,133 
Motor vehicles   11,889    11,889 
Plant and machinery   1,148,356    1,145,734 
Furniture and fittings   99,098    99,098 
Computer equipment   185,056    146,437 
Laboratory equipment   239,834    239,834 
Total cost   1,685,366    1,644,125 
Foreign currency adjustment   121,247    120,874 
Total accumulated depreciation   (1,461,602)   (1,433,653)
Total   345,011    331,346 

 

Depreciation of property, plant and equipment totaled approximately $21,282 for the period ending May 31, 2026 compared to $17,228 for the period ending May 31, 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 $6,668 was allocated to Cost of Goods Sold for the period ending May 31, 2026, compared to $16,448 for the period ending May 31, 2025.