Intangible Assets

6 Months Ended

Aug. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

NOTE 3 – Intangible Assets

Intangible assets as of August 31, 2024, and February 29, 2024 consisted of the following:

	August 31, 2024			February 29, 2024
Software Development	$	7,122,596		$	6,602,028
Software Licenses		789,576			789,576
Trademark		6,283			6,283
Total		7,918,455			7,397,887
Accumulated amortization		(5,607,528	)		(5,224,467	)
Intangible assets, net of amortization	$	2,310,927		$	2,173,420

Amortization expense for the six months ended August 31, 2024, and 2023 was $383,061 and $657,389, respectively.

During the three and six months ended August 31, 2024, and 2023, the Company recorded no impairment losses associated with the carrying value exceeding its recoverable amount.

The estimated aggregate amortization expense for years ending February 28 is as follows:

2025 (Remaining)	$	200,232
2026		313,329
2027		270,728
2028		2,957
Thereafter		-
	$	787,246