v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended 12 Months Ended
May 31, 2026
May 31, 2025
Feb. 28, 2026
Feb. 28, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net loss $ (5,715,838) $ (4,594,018) $ (14,510,251) $ (18,935,592)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 545,841 482,076 2,122,730 1,480,636
Inventory provision (290,000) (494,000)
Bad debts expense 70,000 48,982 138,405 83,682
Reduction of right of use asset 38,013 33,865 141,217 119,151
Accretion of lease liability 23,281 27,428 103,956 118,502
Stock based compensation 60,508 80,355 1,815,848 1,831,685
Amortization of debt discounts 385,493 47,089 536,078 271,234
Loss on settlement of debt 707,600    
Penalty added to face value of the loan     24,510
Gain on settlement of debt     (3,434,685) (468,262)
Loss on disposal of revenue earning devices and fixed assets     93,249
Increase (decrease) in related party accrued payroll and interest (129,687) 5,700 132,268 71,927
Changes in operating assets and liabilities:        
Accounts receivable (40,696) 424,655 224,725 (694,929)
Prepaid expenses and deposits on inventory (51,841) 104,498 294,264 (160,393)
Deposit on right of use asset (13,187) (13,187)
Security deposit on operating lease     (3,400)
Device parts inventory (336,925) (480,951) (2,133,437) (2,464,468)
Accounts payable and accrued expenses (332,150) 524,109 879,021 505,068
Deferred compensation for CFO 178,895 (1,246,687) (390,744) 1,663,833
Customer deposits (19,806) (487) 55,748 17,876
Operating lease liability payments (60,449) (58,962) (238,792) (225,413)
Current portion of deferred variable payment obligations for payments 298,112 301,287 1,260,469 996,881
Accrued interest payable 1,620,342 993,063 3,847,474 4,086,194
Net cash used in operating activities (2,759,307) (3,321,185) (9,344,534) (12,196,388)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of fixed assets (15,600) (8,422) (10,863) (23,724)
Acquisition of trademarks (838) (1,298) (1,998) (6,241)
Purchase of investment (convertible note receivable)     (50,000)
Net cash (used in) investing activities (16,438) (9,720) (12,861) (79,965)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Share proceeds net of issuance costs 823,480 2,839,777 5,219,853 12,702,010
Proceeds on issuance of Series C shares 200,000 278,000
Redemption of Series B or Series C Preferred Shares     (125,000) (389,188)
Proceeds on issuance of Series C Preferred Shares     278,580
Proceeds from loans payable 2,714,028 4,808,171 350,000
Repayment of loans payable (976,163) (50,000) (1,302,561) (183,000)
Net cash provided by financing activities 2,761,345 2,789,777 8,600,463 13,036,402
Net change in cash (14,400) (541,128) (756,932) 760,049
Cash, beginning of period 109,043 865,975 865,975 105,926
Cash, end of period 94,643 324,847 109,043 865,975
Supplemental disclosure of cash and non-cash transactions:        
Cash paid for interest 19,257 8,910 188,993 94,517
Cash paid for income taxes
Noncash investing and financing activities:        
Cumulative Effect Adjustment RFV discount per adoption of ASU 2020-06 at March 1, 2024     4,175,535
Right of use asset for lease liability 53,739 53,739
Transfer from device parts inventory to fixed assets and revenue earning devices 276,717 917,294 2,688,421 3,506,341
Series C penalty shares issued     324,447
Discount applied to face value of loan 419,167 811,689
Exchange of Series F Preferred Shares for loans payable     400,000
Exchange of loans payable and accrued interest for common shares     6,484,000 562,000
Convertible note receivable exchanged for investment at cost     50,000
Dividend on Series B or Series C Preferred Shares paid in Series B or Series C Preferred Shares     $ 58,100 $ 5,188
Exchange of notes payable and accrued interest for common shares 745,900 1,250,500    
Conversion of Series C shares to common shares 391,572    
Series C preferred shares issued as dividend 17,388 12,073    
Commitment fee shares as debt discount $ 202,050