NextTrip, Inc.: 10-Q filed 2024-10-15
What NextTrip, Inc. reported in its quarterly report filed 2024-10-15 (fiscal Q2 2025): 39 published measures, 109 facts as tagged in accession 0001493152-24-041139.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2024-10-15
- Fiscal period
- fiscal Q2 2025
- Accession
- 0001493152-24-041139 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All NextTrip, Inc. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 4,888,679 | USD | |
| At 2024-02-29 | 5,088,842 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 5,022,782 | USD | |
| At 2024-02-29 | 1,960,813 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | -134,103 | USD | |
| At 2024-05-31 | 1,165,706 | USD | |
| At 2024-02-29 | 3,128,029 | USD | |
| At 2023-08-31 | -1,772,024 | USD | |
| At 2023-05-31 | -611,261 | USD | |
| At 2023-02-28 | 484,110 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 102,006 | USD | |
| At 2024-02-29 | 323,805 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -1,534,650 | USD | 92 |
| 2024-03-01 to 2024-08-31 | -3,513,367 | USD | 184 |
| 2023-06-01 to 2023-08-31 | -1,160,763 | USD | 92 |
| 2023-03-01 to 2023-08-31 | -2,256,134 | USD | 184 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-03-01 to 2024-08-31 | -1,952,548 | USD | 184 |
| 2023-03-01 to 2023-08-31 | -1,393,118 | USD | 184 |
Contract revenue excluding tax
Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | 154,498 | USD | 92 |
| 2024-03-01 to 2024-08-31 | 343,291 | USD | 184 |
| 2023-06-01 to 2023-08-31 | 27,663 | USD | 92 |
| 2023-03-01 to 2023-08-31 | 47,225 | USD | 184 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-03-01 to 2024-08-31 | 2,120,317 | USD | 184 |
| 2023-03-01 to 2023-08-31 | 1,562,352 | USD | 184 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-03-01 to 2024-08-31 | -389,568 | USD | 184 |
| 2023-03-01 to 2023-08-31 | -345,807 | USD | 184 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | -27,685,882 | USD | |
| At 2024-02-29 | -24,151,139 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | 1,359,126 | shares | 92 |
| 2024-03-01 to 2024-08-31 | 1,319,146 | shares | 184 |
| 2023-06-01 to 2023-08-31 | 83,371 | shares | 92 |
| 2023-03-01 to 2023-08-31 | 83,371 | shares | 184 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | 1,359,126 | shares | 92 |
| 2024-03-01 to 2024-08-31 | 1,319,146 | shares | 184 |
| 2023-06-01 to 2023-08-31 | 83,371 | shares | 92 |
| 2023-03-01 to 2023-08-31 | 83,371 | shares | 184 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -1.14 | USD/shares | 92 |
| 2024-03-01 to 2024-08-31 | -2.68 | USD/shares | 184 |
| 2023-06-01 to 2023-08-31 | -13.92 | USD/shares | 92 |
| 2023-03-01 to 2023-08-31 | -27.06 | USD/shares | 184 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -1.14 | USD/shares | 92 |
| 2024-03-01 to 2024-08-31 | -2.68 | USD/shares | 184 |
| 2023-06-01 to 2023-08-31 | -13.92 | USD/shares | 92 |
| 2023-03-01 to 2023-08-31 | -27.06 | USD/shares | 184 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 6,703 | USD | |
| At 2024-02-29 | 6,642 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | 13,841 | USD | 92 |
| 2024-03-01 to 2024-08-31 | 30,235 | USD | 184 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -1,469,292 | USD | 92 |
| 2024-03-01 to 2024-08-31 | -3,421,693 | USD | 184 |
| 2023-06-01 to 2023-08-31 | -1,087,001 | USD | 92 |
| 2023-03-01 to 2023-08-31 | -2,116,983 | USD | 184 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 1,358,077 | USD | |
| At 2024-02-29 | 1,698,808 | USD |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 5,022,782 | USD | |
| At 2024-02-29 | 1,960,813 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 1,145,536 | USD | |
| At 2024-02-29 | 531,847 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 1,167,805 | USD | |
| At 2024-02-29 | 1,167,805 | USD |
Net finite-lived intangible assets
Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 787,246 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 11,201 | USD | |
| At 2024-02-29 | 34,082 | USD |
Operating expenses
Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | 1,468,335 | USD | 92 |
| 2024-03-01 to 2024-08-31 | 3,435,948 | USD | 184 |
| 2023-06-01 to 2023-08-31 | 1,090,930 | USD | 92 |
| 2023-03-01 to 2023-08-31 | 2,122,756 | USD | 184 |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -957 | USD | 92 |
| 2024-03-01 to 2024-08-31 | 14,255 | USD | 184 |
| 2023-06-01 to 2023-08-31 | 3,929 | USD | 92 |
| 2023-03-01 to 2023-08-31 | 5,773 | USD | 184 |
Cost of revenue
Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | 155,455 | USD | 92 |
| 2024-03-01 to 2024-08-31 | 329,036 | USD | 184 |
| 2023-06-01 to 2023-08-31 | 23,734 | USD | 92 |
| 2023-03-01 to 2023-08-31 | 41,452 | USD | 184 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 1,388,641 | shares | |
| At 2024-02-29 | 936,430 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 27,550,296 | USD | |
| At 2024-02-29 | 27,277,758 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 2,310,927 | USD | |
| At 2024-02-29 | 2,173,420 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 880,585 | USD | |
| At 2024-02-29 | 460,768 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-08-31 | 244,870 | USD | |
| At 2024-02-29 | 340,921 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -1,533,519 | USD | 92 |
| 2024-03-01 to 2024-08-31 | -3,521,145 | USD | 184 |
| 2023-06-01 to 2023-08-31 | -1,160,763 | USD | 92 |
| 2023-03-01 to 2023-08-31 | -2,256,134 | USD | 184 |
Net income available to common stockholders
Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -1,545,338 | USD | 92 |
| 2024-03-01 to 2024-08-31 | -3,534,743 | USD | 184 |
| 2023-06-01 to 2023-08-31 | -1,160,763 | USD | 92 |
| 2023-03-01 to 2023-08-31 | -2,256,134 | USD | 184 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | 21,677 | USD | 92 |
| 2024-03-01 to 2024-08-31 | 49,231 | USD | 184 |
| 2023-06-01 to 2023-08-31 | 128,955 | USD | 92 |
| 2023-03-01 to 2023-08-31 | 198,058 | USD | 184 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-03-01 to 2024-08-31 | 383,000 | USD | 184 |
| 2023-03-01 to 2023-08-31 | 667,889 | USD | 184 |
Amortization of intangible assets
Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-03-01 to 2024-08-31 | 383,061 | USD | 184 |
| 2023-03-01 to 2023-08-31 | 657,389 | USD | 184 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-06-01 to 2024-08-31 | -64,227 | USD | 92 |
| 2024-03-01 to 2024-08-31 | -99,452 | USD | 184 |
| 2023-06-01 to 2023-08-31 | -73,762 | USD | 92 |
| 2023-03-01 to 2023-08-31 | -139,151 | USD | 184 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-03-01 to 2024-08-31 | 8,620 | USD | 184 |
| 2023-03-01 to 2023-08-31 | 410 | USD | 184 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-03-01 to 2024-08-31 | -22,881 | USD | 184 |
| 2023-03-01 to 2023-08-31 | 5,000 | USD | 184 |
Inspect the source
- Entity
- NextTrip, Inc. / CIK 0000788611
- Captured
- 2026-09-19T15:03:59.498Z
- SEC response SHA-256
23a6c7ec8e3039b5a61dd48b0dc5ab39318a8131c4cc59c702201a710f500292
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.
Use this in research
A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.
These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.
Research methodology · Execution and cost assumptions · Check backtest overfitting
Build with the open-source tools
Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000788611.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))