| SCHEDULE OF FIXED ASSETS |
Fixed
assets consisted of the following:
SCHEDULE OF FIXED ASSETS
| | |
May 31, 2025 | | |
February 28, 2025 | |
| Automobile | |
$ | 74,237 | | |
$ | 74,237 | |
| Demo devices | |
| 324,533 | | |
| 302,186 | |
| Tooling | |
| 107,020 | | |
| 107,020 | |
| Machinery and equipment | |
| 17,247 | | |
| 8,825 | |
| Computer equipment | |
| 157,448 | | |
| 157,448 | |
| Office equipment | |
| 15,312 | | |
| 15,312 | |
| Furniture and fixtures | |
| 21,225 | | |
| 21,225 | |
| Warehouse equipment | |
| 36,305 | | |
| 36,305 | |
| Leasehold improvements | |
| 26,956 | | |
| 26,956 | |
| Fixed assets gross | |
| 780,283 | | |
| 749,514 | |
| Less: Accumulated depreciation | |
| (521,203 | ) | |
| (491,186 | ) |
| Fixed assets, net of
accumulated depreciation | |
$ | 259,080 | | |
$ | 258,328 | |
|
Fixed
assets consisted of the following:
SCHEDULE
OF FIXED ASSETS
| | |
February
28, 2025 | |
February
29, 2024 |
| Automobile | |
$ | 74,237 | | |
$ | 74,237 | |
| Demo devices | |
| 302,186 | | |
| 194,350 | |
| Tooling | |
| 107,020 | | |
| 107,020 | |
| Machinery and equipment | |
| 8,825 | | |
| 8,825 | |
| Computer equipment | |
| 157,448 | | |
| 150,389 | |
| Office equipment | |
| 15,312 | | |
| 15,312 | |
| Furniture and fixtures | |
| 21,225 | | |
| 21,225 | |
| Warehouse equipment | |
| 36,305 | | |
| 19,639 | |
| Leasehold improvements | |
| 26,956 | | |
| 26,956 | |
| Fixed assets gross | |
| 749,514 | | |
| 617,953 | |
| Less: Accumulated depreciation | |
| (491,186 | ) | |
| (349,878 | ) |
| Fixed assets, net
of accumulated depreciation | |
$ | 258,328 | | |
$ | 268,075 | |
|
| SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES |
Depreciation
and amortization for the years ended May 31, 2025, and May 31, 2024, are as follows:
SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES
| Depreciation and Amortization | |
Three Months Ended May
31 2025
| | |
Three Months Ended May 31, 2024 | |
| | |
| | |
| |
| Fixed assets | |
$ | 30,017 | | |
$ | 41,321 | |
| Revenue earning devices | |
| 4,104 | | |
| 54,355 | |
| Total Depreciation and Amortization included in operating expenses | |
$ | 34,121 | | |
$ | 95,676 | |
|
Depreciation
and amortization for the years ended February 28, 2025, and February 29, 2024, are as follows:
SCHEDULE OF
DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES
| Depreciation and Amortization | |
Year
Ended February
28, 2025 | |
Year
Ended February
29, 2024 |
| | |
| |
|
| Fixed assets | |
$ | 141,309 | | |
$ | 190,747 | |
| Revenue earning devices | |
| 287,830 | | |
| 132,660 | |
| Total Depreciation and Amortization included in operating
expenses | |
$ | 429,139 | | |
$ | 323,407 | |
|