COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Feb. 29, 2024

COMMITMENTS AND CONTINGENCIES

Schedule of finance lease liability

	February 29, 2024
Fiscal Year Ending February 28/29	Amount
2024		1,750,000
Total Future Undiscounted Cash Flows	$	1,750,000
Less Imputed Interest to be recognized in lease expense		-
Finance Lease Liabilities, as reported	$	1,750,000

Balance sheet classification of lease assets and liabilities Current Year

Balance Sheet Classification	February 29, 2024
Assets
Finance lease right-of-use assets, September 1, 2023	$	1,744,000
Amortization for the six months ended February 29, 2024		(29,000	)
Total finance lease right-of-use asset, February 29, 2024	$	1,715,000
Liabilities
Current
Finance lease liability, short-term	$	1,750,000
Non-current
Finance lease liability, long-term		-
Total lease liabilities	$	1,750,000