Intangible Assets

6 Months Ended

Aug. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 6 – Intangible Assets

At August 31, 2023 and February 28, 2023, the company has the following amounts related to intangible assets: 

	August 31, 2023			February 28, 2023
	(unaudited)
Licenses	$	200,000		$	200,000
Mobile applications		202,806			212,128
		402,806			412,128
Less: accumulated amortization		(311,745	)		(298,017	)
Impairment of intangible assets		(41,045	)		(41,045	)
Net intangible assets	$	50,016		$	73,066

No significant residual value is estimated for these intangible assets. Amortization expense for the six months ended August 31, 2023 and 2022 totalled $20,397 and $21,760, respectively.