Unaudited Condensed Consolidated Statements of Operations - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Aug. 31, 2022 |
Aug. 31, 2021 |
Aug. 31, 2022 |
Aug. 31, 2021 |
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Income Statement [Abstract] | ||||
Revenue | $ 4,982,957 | $ 5,386,914 | $ 9,838,080 | $ 11,383,403 |
Cost of revenue | (4,565,173) | (4,690,058) | (9,043,225) | (10,066,850) |
Gross profit | 417,784 | 696,856 | 794,855 | 1,316,553 |
Amortization & Depreciation | (13,466) | (14,402) | (27,638) | (28,823) |
General & administrative expenses | (1,275,869) | (1,444,914) | (2,515,419) | (2,624,661) |
Marketing Cost | (169,389) | (59,075) | (226,580) | (144,082) |
Research & Development | (198,104) | (144,549) | (409,751) | (279,978) |
Stock compensation expenses | (254,547) | (421,571) | (544,478) | (482,546) |
Total operating expenses | (1,911,375) | (2,084,511) | (3,723,866) | (3,560,090) |
Net loss from operations | (1,493,591) | (1,387,655) | (2,929,011) | (2,243,537) |
Other income (expense): | ||||
Interest income | 700 | 447 | 1,457 | 1,717 |
Interest expense | (89,646) | (80,247) | (104,477) | (172,813) |
Exchange gain (loss) | (346) | (2,354) | (618) | (1,679) |
Other income | 44,788 | 15,192 | 49,886 | 52,189 |
Total other income (expense) | (44,504) | (66,962) | (53,752) | (120,586) |
Net loss before income tax | (1,538,095) | (1,454,617) | (2,982,763) | (2,364,123) |
Income tax expenses | ||||
Net Loss | (1,538,095) | (1,454,617) | (2,982,763) | (2,364,123) |
Less: Net profit attributable to the non-controlling interest | (730) | 1,147 | (1,275) | 3,531 |
Net loss attributable to the Company’s shareholders | (1,537,365) | (1,455,764) | (2,981,488) | (2,367,654) |
Other comprehensive income: | ||||
Foreign currency translation adjustments | (223,793) | (87,538) | (529,163) | (27,354) |
Comprehensive loss | (1,761,158) | (1,543,302) | (3,510,651) | (2,395,008) |
Less: comprehensive income (loss) attributable to non-controlling interest | (318) | (167) | (407) | (3) |
Comprehensive loss attributable to the Company | $ (1,760,840) | $ (1,543,135) | $ (3,510,244) | $ (2,395,005) |
NET LOSS PER SHARE | ||||
Loss Per Share - Basic | $ (0.04) | $ (0.04) | $ (0.07) | $ (0.06) |
Loss Per Share - Diluted | $ (0.04) | $ (0.04) | $ (0.07) | $ (0.06) |
NET LOSS PER SHARE ATTRIBUTABLE TO THE COMPANY | ||||
Weighted Average Common Shares Outstanding - Basic | 42,811,064 | 39,647,106 | 42,752,532 | 39,290,499 |
Weighted Average Common Shares Outstanding - Diluted | 42,811,064 | 39,647,106 | 42,752,532 | 39,290,499 |
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- References No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for employee benefit and equity-based compensation. No definition available.
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- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of nonoperating interest income (expense). No definition available.
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- Definition Expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services. Costs of public relations and corporate promotions are typically considered to be marketing costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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