v3.26.3
Property and Equipment, Net
6 Months Ended
Aug. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
 
4.
Property and Equipment, Net
 
Property and equipment, net, consists of the following:
 
 
 
 
 
 
Accumulated
 
 
August 31, 2026
 
 
February 28, 2026
 
 
 
Cost
 
 
Depreciation
 
 
Net Carrying Value
 
 
Net Carrying Value
 
Computer equipment
 
$
30,251
 
 
$
(20,791
)
 
$
9,460
 
 
$
1,106
 
Computer software
 
 
206,000
 
 
 
(206,000
)
 
 
–
 
 
 
–
 
Furniture and fixtures
 
 
15,469
 
 
 
(12,411
)
 
 
3,058
 
 
 
2,256
 
Motor vehicle
 
 
49,163
 
 
 
(20,465
)
 
 
28,698
 
 
 
9,577
 
Office equipment
 
 
16,043
 
 
 
(16,004
)
 
 
39
 
 
 
109
 
Total
 
$
316,926
 
 
$
(275,671
)
 
$
41,255
 
 
$
13,048
 
 
During the six months ended August 31, 2026, the Company recorded depreciation expense of $3,225 (2025 – $3,475). During the six months ended August 31, 2026 the Company acquired fixed assets with a fair value of $29,440 pursuant to the acquisition of Acheron (Note 3). During the six months ended August 31, 2026 the Company acquired fixed assets of $1,471 (2025 – $830) of computer equipment and $728 (2025 – $nil) of furniture and fixtures.