XML 50 R41.htm IDEA: XBRL DOCUMENT v3.22.2
Income Taxes (Tables)
12 Months Ended
Feb. 28, 2022
Income Tax Disclosure [Abstract]  
Schedule of Company recorded an income tax expense
    FY2022     FY2021  
Current:            
Federal   $    -     $ -  
State     -       800  
Total current   $ -     $ 800  
                 
Deferred:                
Federal   $ -     $ -  
State     -       -  
Total deferred   $ -     $ -  
                 
Total Provision   $ -     $ 800  

 

Schedule of valuation allowance for the deferred tax assets on the expected future
    FY2022     FY2021  
Federal tax benefit at statutory rate     21 %     21 %
State tax benefit, net of federal benefit     7 %     7 %
Change in valuation allowance     (28 )%     (28) %
Total     0 %     0 %

 

Schedule of significant components of our deferred tax asset
    FY2022   FY2021
Deferred tax asset        
Net operating loss carryforwards   $ 42,141,000     $ 46,999,000  
Gross deferred tax assets     42,141,000       46,999,000  
Valuation allowance     (42,141,000 )     (46,999,000 )
Net deferred tax asset (liability)   $ -     $ -