10-K
Annual Report
NEXTTRIP, INC.
NTRP
NASDAQ
CIK: 788611
File #: 001-38015
Balance Sheet
38 line items · 2 periods
XBRL
| Item | Feb 29, 2024 | Feb 28, 2023 |
|---|---|---|
ASSETS | ||
Cash and Cash Equivalents | 323,805 | 282,475 |
Promissory note receivable, net | 1,000,000 | 1,933,908 |
Accounts Receivable | 34,082 | — |
Other Non-Operating Current Assets | 340,921 | 8,613 |
Total Current Assets | 1,698,808 | 2,224,996 |
Non-Current assets | ||
Property, Plant and Equipment | 6,642 | 16,226 |
Intangible Assets | 2,173,420 | 2,607,670 |
Other Non-Operating Current Assets | 42,167 | 15,000 |
Goodwill | 1,167,805 | — |
Operating Lease Right-of-Use Asset | — | 1,020,443 |
Total Non-Current Assets | 3,390,034 | 3,659,339 |
Total Assets | 5,088,842 | 5,884,335 |
LIABILITIES | ||
Current Liabilities | ||
Accounts Payable | 531,847 | 519,136 |
Other Current Liabilities | 460,768 | 329,922 |
Short-Term Debt | — | 3,233,503 |
Other Current Liabilities | 139,921 | 22,750 |
Related Party | 828,277 | 281,000 |
Operating Lease Liability, Current | — | 149,339 |
Total Current Liabilities | 1,960,813 | 4,535,650 |
Non- Current Liabilities | ||
Operating Lease Liability, Non-Current | — | 864,575 |
Total Non-Current Liabilities | — | 864,575 |
Total Liabilities | 1,960,813 | 5,400,225 |
Stockholder’s Equity | ||
Preferred Stock | 474 | — |
Total Stockholders' Equity | 936 | 83 |
Total Stockholders' Equity | 27,277,758 | 17,295,890 |
Total Stockholders' Equity | (24,151,139) | (16,811,863) |
Total Stockholders’ Equity | 3,128,029 | 484,110 |
Preferred Stock | 474 | — |
Common Stock | 936 | 83 |
Additional Paid-in Capital | 27,277,758 | 17,295,890 |
Retained Earnings | (24,151,139) | (16,811,863) |
Total Liabilities and Stockholders’ Equity | 5,088,842 | 5,884,335 |