| FIXED ASSETS |
8.
FIXED ASSETS
Fixed
assets consisted of the following:
SCHEDULE OF FIXED ASSETS
| | |
May
31, 2026 | | |
February
28, 2026 | |
| Automobile | |
$ | 74,237 | | |
$ | 74,237 | |
| Demo devices | |
| 265,421 | | |
| 265,421 | |
| Tooling | |
| 122,620 | | |
| 107,020 | |
| Machinery and equipment | |
| 17,246 | | |
| 17,246 | |
| Computer equipment | |
| 157,448 | | |
| 157,448 | |
| Office equipment | |
| 15,312 | | |
| 15,312 | |
| Furniture and fixtures | |
| 21,225 | | |
| 21,225 | |
| Warehouse equipment | |
| 38,746 | | |
| 38,746 | |
| Leasehold improvements | |
| 26,956 | | |
| 26,956 | |
| Fixed assets gross | |
| 739,211 | | |
| 723,611 | |
| Less: Accumulated depreciation | |
| (562,268 | ) | |
| (540,426 | ) |
| Fixed assets, net of
accumulated depreciation | |
$ | 176,943 | | |
$ | 183,185 | |
During
the three months ending May 31, 2026, the Company made additions of $15,600. During the three months ending May 31, 2025, the Company
made additions of $46,071 of which $22,347 were transfers from inventory with remaining additions of $23,724.
Depreciation
and amortization for the years ended May 31, 2026, and May 31, 2025, are as follows:
SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES
| Depreciation
and Amortization | |
Three
Months Ended May
31 2026 | | |
Three
Months Ended
May 31, 2025 | |
| | |
| | |
| |
| Fixed assets | |
$ | 21,842 | | |
$ | 30,017 | |
| Revenue earning devices | |
| 10,804 | | |
| 4,104 | |
| Total Depreciation and
Amortization included in operating expenses | |
$ | 32,646 | | |
$ | 34,121 | |
|