v3.26.1
Stockholders’ Deficit (Tables)
12 Months Ended
Feb. 28, 2026
Stockholders’ Deficit [Abstract]  
Schedule of Stock Option Activity A summary of the Company’s stock option activity is as follows:
    Number of
Shares
    Exercise
Price
    Weighted
Average
Intrinsic
Value
 
(amounts in thousands, except share and per share data)                  
Total options, February 29, 2024     4,250,000     $      0.37     $             -  
Granted     4,000,000       0.50       -  
Exercised     -       -       -  
Expired     -       -       -  
Total options, February 28, 2025     8,250,000     $ 0.43     $ -  
Granted     -       -       -  
Exercised     -       -       -  
Expired     (4,250,000 )     -       -  
Total options, February 28, 2026     4,000,000     $ 0.50     $ -  
Exercisable, February 28, 2026     4,000,000     $ 0.50     $ -  
Schedule of Exercise Prices and Information Related to Options The exercise prices and information related to options under the 2011 Plan outstanding on February 28, 2026, are as follows:

 

Range of
Exercise Price
    Stock Options
Outstanding
    Stock Options
Exercisable
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise Price
of Options
Outstanding
    Weighted
Average
Exercise Price
of Options
Exercisable
 
$ 0.50       4,000,000       4,000,000       8.26     $ 0.50     $ 0.50  
The exercise prices and information related to the warrants as of February 28, 2026, are as follows:

 

Range of
Exercise Price
    Stock Warrants
Outstanding
    Stock Warrants
Exercisable
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise Price
of Warrants
Outstanding
    Weighted
Average
Exercise Price
of Warrants Exercisable
 
$ 0.50       3,451,664       3,451,664       4.97     $ 0.50       0.50  
$ 1.00       3,000,000       3,000,000       1.19     $ 1.00     $ 1.00  
Schedule of Warrants Activity

Warrants

 

    Number of
Warrants
    Exercise
Price
 
Outstanding, February 29, 2024     3,521,664     $ 0.83  
Granted     3,000,000       1.00  
Exercised     -       -  
Expired     (10,000 )     1.40  
Outstanding, February 28, 2025     6,511,664     $ 0.73  
Granted     -       -  
Exercised     -       -  
Expired     (60,000 )     0.50  
Outstanding, February 28, 2026     6,451,664     $ 0.73