v3.24.3
Goodwill (Tables)
 12 Months Ended
Feb. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Fair Value of Assets Acquired

 

     
Fair Value of Net Assets Acquired:
     
Cash  $417,121 
Accounts Receivable, net   4,900 
Inventory   257,873 
Prepaid expenses and other current assets   50,802 
Property and equipment   52,357 
Intangible assets   1,277,919 
Accounts payable   (837,450)
Accrued expenses   (61,001)
Deferred revenue   (14,218)
      
Total identifiable net assets acquired   1,148,303 
      
Goodwill   1,220,115 
      
Total Fair Value of Net Assets Acquired  $2,368,418 
      
Total Purchase Consideration  $2,368,418 
Schedule of Reconciliation of Goodwill

Following is a reconciliation of goodwill as of February 29, 2024:

 

   February 29,
2024		 
Reverse acquisition of Sigma Additive Solutions, Inc.  $1,220,115 
Reduction from sale of assets to Divergent Technologies   (52,310)
Balance, February 29, 2024  $1,167,805