10-K
Annual Report
NEXTTRIP, INC.
NTRP
NASDAQ
CIK: 788611
File #: 001-38015
Balance Sheet
52 line items · 2 periods
XBRL
| Item | Feb 28, 2026 | Feb 28, 2025 |
|---|---|---|
ASSETS | ||
Cash and Cash Equivalents | 1,696,090 | 1,062,367 |
Accounts Receivable | 119,168 | 22,567 |
Other Non-Operating Current Assets | 1,336,026 | 1,380,575 |
Total Current Assets | 3,151,284 | 2,465,509 |
Non-Current assets | ||
Property, Plant and Equipment | 1,603 | 4,119 |
Intangible Assets | 4,258,220 | 2,127,368 |
Other Non-Operating Current Assets | 40,167 | 30,167 |
Goodwill | 3,123,684 | 1,167,805 |
FSA Travel, LLC | 1,669,058 | — |
TA Pipeline LLC | 286,824 | — |
Long-Term Investments | 2,502,000 | 3,407,610 |
Other Non-Operating Non-Current Assets | — | 733,575 |
Total Non-Current Assets | 9,925,674 | 7,470,644 |
Total Assets | 13,076,958 | 9,936,153 |
LIABILITIES | ||
Current Liabilities | ||
Accounts Payable | 725,541 | 1,184,404 |
Other Current Liabilities | 748,103 | 721,382 |
Other Current Liabilities | 1,655,990 | 97,770 |
Other Non-Operating Current Liabilities | 80,000 | — |
Fair Value, Inputs, Level 3 | 80,000 | — |
Contingent consideration | 180,000 | — |
Fair Value, Inputs, Level 3 | 180,000 | — |
Licensing & royalty payment obligations, current portion | 136,582 | — |
Nonrelated Party | 386,072 | 506,004 |
Related Party | — | 61,526 |
Total Current Liabilities | 3,912,288 | 2,571,086 |
JOURNY.tv | 78,197 | — |
GoUSA TV Acquisition - Asset Purchase Agreement | 58,385 | — |
Non-Current Liabilities | ||
Long-Term Debt | 98,179 | — |
Licensing & royalty payment obligations, net of current portion | 305,090 | — |
Long-Term Debt | 3,000,000 | — |
Total Non-Current Liabilities | 3,403,269 | — |
JOURNY.tv | 65,971 | — |
GoUSA TV Acquisition - Asset Purchase Agreement | 239,119 | — |
Total Liabilities | 7,315,557 | 2,571,086 |
Mezzanine Equity (Note 20) | ||
Temporary Equity | 387,000 | — |
Stockholders’ Equity | ||
Preferred Stock | 101 | 3,107 |
Total Stockholders' Equity | 13,979 | 1,657 |
Total Stockholders' Equity | 55,957,740 | 41,710,126 |
Total Stockholders' Equity | (50,597,419) | (34,349,823) |
Total Stockholders’ Equity | 5,374,401 | 7,365,067 |
Preferred Stock | 101 | 3,107 |
Common Stock | 13,979 | 1,657 |
Additional Paid-in Capital | 55,957,740 | 41,710,126 |
Retained Earnings | (50,597,419) | (34,349,823) |
Total Liabilities and Stockholders’ Equity | 13,076,958 | 9,936,153 |