| Accounts Receivable, net |
Note
8 – Accounts Receivable, net
Schedule of Accounts Receivable
| | |
August 31, 2026 | | |
February 28, 2026 | |
| | |
(unaudited) | | |
| |
| Accounts receivable | |
$ | 47,175,632 | | |
$ | 46,535,767 | |
| Less: allowance for credit losses | |
| (6,275,557 | ) | |
| (1,702,821 | ) |
| Accounts Receivable,
net | |
$ | 40,900,075 | | |
$ | 44,832,946 | |
The
Company normally allows credit terms to customers ranging from 90 to 150 days. The Company seeks to maintain strict control over its
accounts receivable. Overdue accounts receivable are reviewed regularly by the Management.
Activities
related to allowance for credit losses are presented below.
Schedule of Allowance for Credit Losses
| | |
August 31, 2026 | | |
February 28, 2026 | |
| | |
(unaudited) | | |
| |
| At beginning of the period | |
$ | 1,702,821 | | |
$ | 435,345 | |
| Provision for (release of) credit losses | |
| 4,485,530 | | |
| 1,207,516 | |
| Write-off | |
| — | | |
| (14,340 | ) |
| Effect of exchange rate changes | |
| 87,206 | | |
| 74,300 | |
| At end of the period | |
$ | 6,275,557 | | |
$ | 1,702,821 | |
|