v3.26.1
LOSS PER SHARE (Tables)
3 Months Ended 12 Months Ended
May 31, 2026
Feb. 28, 2026
Earnings Per Share [Abstract]    
SCHEDULE OF NET INCOME (LOSS) PER COMMON SHARE

The net income (loss) per common share amounts were determined as follows:

   May 31, 2026   May 31, 2025 
   For the Three Months Ended 
   May 31, 2026   May 31, 2025 
Numerator:          
Net loss available to common shareholders  $(5,715,838)  $(4,594,018)
           
Effect of common stock equivalents          
Less: dividends to C preferred shareholders   (110,860)   (12,073)
Net loss adjusted for common stock equivalents   (5,826,698)   (4,606,091)
           
Denominator:          
Weighted average shares – basic   325,956,059    155,176,712 
           
Net loss per share – basic  $(0.02)  $(0.03)
           
Denominator:          
Weighted average shares – diluted   325,956,059    155,176,712 
           
Net loss per share – diluted  $(0.02)  $(0.03)

The net loss per common share amounts were determined as follows:

 

   2026   2025 
   For the Year Ended 
   February 28,   February 28, 
   2026   2025 
Numerator:          
Net loss available to common shareholders  $(14,510,251)  $(18,935,592)
           
Effect of common stock equivalents          
Less redemption dividend to Series F and Series B preferred shareholders   (114,561)   (423,476)
Net loss adjusted for common stock equivalents   (14,624,812)   (19,358,968)
           
Denominator:          
Weighted average shares - basic   202,908,578    116,476,733 
           
Net loss per share – basic  $(0.07)  $(0.16)
           
Denominator:          
Weighted average shares – diluted   202,908,578    116,476,733 
           
Net loss per share – diluted  $(0.07)  $(0.16)
SCHEDULE OF ANTI-DILUTIVE SHARES OF COMMON STOCK EQUIVALENTS

The anti-dilutive shares of common stock equivalents for the three months ended May 31, 2026 and 2025 were as follows:

   May 31, 2026   May 31, 2025 
   For the Three Months Ended 
   May 31, 2026   May 31, 2025 
Convertible or exchangeable debt   3,173,350,733    - 
Convertible Series F Preferred Shares   1,340,264,933    586,412,155 
Convertible Redeemable Series C Preferred Shares   30,948,471    2,958,264 
Stock options and warrants   2,202,121    2,261,775 
Total   4,546,766,258    591,632,194 

 

The anti-dilutive shares of common stock equivalents for the years ended February 28, 2026 and February 28, 2025 were as follows:

 

   2026   2025 
   For the Year Ended 
   February 28,   February 28, 
   2026   2025 
Convertible Series F Preferred Shares   924,161,175    497,229,655 
Convertible Series C Preferred Shares   22,830,847    1,718,308 
Convertible and exchangeable debt   1,095,380,027     
Stock options and warrants   2,202,121    2,294,996 
Total   2,044,574,170    501,242,959