10-Q
Quarterly Report
NEXTTRIP, INC.
NTRP
NASDAQ
CIK: 788611
File #: 001-38015
Balance Sheet
44 line items · 2 periods
XBRL
| Item | Aug 31, 2025 | Feb 28, 2025 |
|---|---|---|
ASSETS | ||
Cash and Cash Equivalents | 1,837,654 | 1,062,367 |
Accounts Receivable | 266,916 | 22,567 |
Other Non-Operating Current Assets | 1,418,173 | 1,380,575 |
Total Current Assets | 3,522,743 | 2,465,509 |
Non-Current Assets | ||
Property, Plant and Equipment | 2,861 | 4,119 |
Intangible Assets | 4,081,003 | 2,127,368 |
Other Non-Operating Current Assets | 30,167 | 30,167 |
Goodwill | 3,123,684 | 1,167,805 |
Long-Term Investments | 2,415,000 | 3,407,610 |
Other Non-Operating Non-Current Assets | 733,575 | 733,575 |
Total Non-Current Assets | 10,386,290 | 7,470,644 |
Total Assets | 13,909,033 | 9,936,153 |
LIABILITIES | ||
Current Liabilities | ||
Accounts Payable | 1,377,016 | 1,184,404 |
Other Current Liabilities | 653,548 | 721,382 |
Other Current Liabilities | 2,098,709 | 97,770 |
Other Non-Operating Current Liabilities | 120,000 | — |
Fair Value, Inputs, Level 3 | 120,000 | — |
Contingent consideration | 180,000 | — |
Fair Value, Inputs, Level 3 | 180,000 | — |
Nonrelated Party | 563,501 | 506,004 |
Related Party | 7,616 | 61,526 |
Total Current Liabilities | 5,000,390 | 2,571,086 |
Non-Current Liabilities | ||
Long-Term Debt | 98,532 | — |
Long-Term Debt | 2,831,575 | — |
Total Non-Current Liabilities | 2,930,107 | — |
Total Liabilities | 7,930,497 | 2,571,086 |
Mezzanine Equity | ||
Temporary Equity | 387,000 | — |
Stockholder’s Equity | ||
Preferred Stock | 3,389 | 3,107 |
Total Stockholders' Equity | 8,118 | 1,657 |
Total Stockholders' Equity | 47,532,965 | 41,710,126 |
Total Stockholders' Equity | (41,952,936) | (34,349,823) |
Total Stockholders’ Equity | 5,591,536 | 7,365,067 |
Preferred Stock | 3,389 | 3,107 |
Common Stock | 8,118 | 1,657 |
Additional Paid-in Capital | 47,532,965 | 41,710,126 |
Retained Earnings | (41,952,936) | (34,349,823) |
Total Liabilities, Mezzanine and Stockholders’ Equity | 13,909,033 | 9,936,153 |