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Nature of Operations and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Aug. 31, 2025
Nature of Operations and Summary of Significant Accounting Policies [Abstract]  
Schedule of Assets and Liabilities at Fair Value

The following table sets forth by level, within the fair value hierarchy, the Company’s assets and liabilities at fair value as of August 31, 2025 and February 28, 2025:

 

   August 31, 2025 
(amounts in thousands)  Level 1   Level 2   Level 3   Total 
Liabilities                
Derivative liability – convertible note conversion option  $
-
   $
-
   $22,316   $22,316 
Total  $
-
   $
-
   $22,316   $22,316 

 

   February 28, 2025 
   Level 1   Level 2   Level 3   Total 
Liabilities                
Derivative liability – convertible note conversion option  $
-
   $
-
   $17,565   $17,565 
Total  $
-
   $
-
   $17,565   $17,565 
Schedule of Derivative Liability Measured at Fair Value

The following table provides a roll-forward of the derivative liability measured at fair value on a recurring basis using unobservable level 3 inputs for the period ended August 31, 2025, as follows:

 

(amounts in thousands)  Fair Value of
Derivative
Warrant
Liability
 
February 28, 2025  $17,565 
Change in fair value of derivative liability   4,751 
August 31, 2025  $22,316 
Schedule of Dilutive Securities Would Have Had an Anti-Dilutive Effect

For the six months ended August 31, 2025 and 2024, the calculations of basic and diluted loss per share are the same because potentially dilutive securities would have had an anti-dilutive effect. The potentially dilutive securities consisted of the following:

 

    August 31,
2025
    August 31,
2024
 
Warrants     6,451,664       6,521,664  
Options     7,000,000       4,250,000  
Convertible notes     103,331,829       46,756,007  
Total     116,783,493       57,527,671