v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Aug. 31, 2026
Feb. 28, 2026
Current Assets    
Cash and cash equivalents $ 2,135,825 $ 68,596
Restricted cash 3,000,000
Accounts receivable, net 40,900,075 44,832,946
Inventories 326,407 258,159
Prepayment and deposit 5,003,389 4,800,636
Other receivables 1,776,098 1,811,226
Total Current Assets 53,141,794 51,771,563
Non-current Assets    
Equipment 63,521 28,366
Intangible assets 1,637,517 2,030,291
Right-of-use asset 244,405 19,201
Investment 500,000
Deferred tax asset 7,124,454 6,996,568
Total Non-current Assets 9,569,897 9,074,426
TOTAL ASSETS 62,711,691 60,845,989
Current Liabilities    
Accounts payable 35,221,119 34,412,906
Accrual and other payables 9,422,985 10,678,667
Loan payable, current portion 576,233 576,233
Convertible note payable, current portion 2,955,705
Derivative liabilities - Conversion 2,357,445
Derivative liabilities - Warrant 708,334
Lease liability, current portion 72,606 10,604
Total Current Liabilities 51,314,427 45,678,410
Non-current Liabilities    
Lease liability, non-current portion 185,063
Deferred tax liabilities 18,361 18,002
Total Non-current Liabilities 203,424 18,002
TOTAL LIABILITIES 51,517,851 45,696,412
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $.0001 per share; Authorized 1,000,000 shares; issued and outstanding -0- shares.
Common Stock, par value $.0001 per share; Authorized 200,000,000 shares; issued and outstanding 85,162,686 shares and 61,281,308 issued and outstanding at August 31, 2026 and February 28, 2026 respectively 8,517 6,129
Additional paid-in capital 61,215,300 54,652,121
Stock subscription receivable (4,000,000)
Additional paid-in capital - stock options 2,026,429 1,798,658
Accumulated deficit (48,117,720) (41,185,154)
Accumulated other comprehensive income 156,373 (84,104)
Stockholders’ equity before non-controlling interests 11,288,899 15,187,650
Non-controlling interests (95,059) (38,073)
TOTAL STOCKHOLDERS’ EQUITY 11,193,840 15,149,577
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 62,711,691 $ 60,845,989