v3.26.3
Segment Information
 3 Months Ended
May 31, 2026
Segment Information [Abstract]  
SEGMENT INFORMATION

NOTE 12 - SEGMENT INFORMATION

 

The Company operates and manages its business as one reportable and operating segment. The Company reports segment assets on the balance sheet as total consolidated assets. The Company derives revenue primarily in the United States of America and manages its business activities on a consolidated basis.

 

The Company’s chief operating decision maker (CODM), its Chief Executive Officer, reviews financial information presented on a consolidated basis and decides how to allocate resources based on net loss. Net loss is used for evaluating financial performance. The Company monitors budgeted versus actual results to assess performance and establish management’s compensation.

 

Significant segment expenses include employee compensation, stock-based compensation, merchant fees, and consulting and outside provider costs. Other operating expenses include all remaining costs necessary to operate our business and primarily include advertising, corporate compliance, and overhead expenses. The following table presents the significant segment expenses and other segment items regularly reviewed by our CODM:

 

    Three Months Ended
May 31,		  
    2026     2025  
             
Net sales   $ 2     $ 185  
Cost of sales     -       25  
Gross profit     2       160  
                 
Less:                
Employee compensation and benefits     463       385  
Consulting and outside provider costs     64       84  
Property lease and utility costs     154       91  
Depreciation expense     55       44  
Program software and licensing expense     93       57  
Other operating expenses     25       176  
Total operating expenses     854       837  
Loss from operations   $ (852 )   $ (677 )