NextTrip, Inc.: 10-Q filed 2025-07-15
What NextTrip, Inc. reported in its quarterly report filed 2025-07-15 (fiscal Q1 2026): 40 published measures, 80 facts as tagged in accession 0001641172-25-019738.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2025-07-15
- Fiscal period
- fiscal Q1 2026
- Accession
- 0001641172-25-019738 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 2025-05-31 | 10,955,216 | USD | |
| At 2025-02-28 | 9,936,153 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-05-31 | 4,285,298 | USD | |
| At 2025-02-28 | 2,571,086 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-05-31 | 6,669,918 | USD | |
| At 2025-02-28 | 7,365,067 | USD | |
| At 2024-05-31 | 1,165,706 | USD | |
| At 2024-02-29 | 3,128,029 | 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 2025-05-31 | 130,906 | USD | |
| At 2025-02-28 | 1,062,367 | 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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -4,457,232 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -1,978,717 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -1,042,658 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -1,142,311 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 138,827 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 188,793 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 1,392,700 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 1,024,591 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -1,281,503 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -169,406 | USD | 92 |
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 2025-05-31 | -38,871,518 | USD | |
| At 2025-02-28 | -34,349,823 | 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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 6,585,197 | shares | 92 |
| 2024-03-01 to 2024-05-31 | 1,279,165 | shares | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 6,585,197 | shares | 92 |
| 2024-03-01 to 2024-05-31 | 1,279,165 | shares | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -0.68 | USD/shares | 92 |
| 2024-03-01 to 2024-05-31 | -1.55 | USD/shares | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -0.68 | USD/shares | 92 |
| 2024-03-01 to 2024-05-31 | -1.55 | USD/shares | 92 |
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 2025-05-31 | 3,490 | USD | |
| At 2025-02-28 | 4,119 | 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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 138,325 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 16,394 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -4,639,737 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -1,952,401 | USD | 92 |
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 2025-05-31 | 1,557,075 | USD | |
| At 2025-02-28 | 2,465,509 | 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 2025-05-31 | 2,699,966 | USD | |
| At 2025-02-28 | 2,571,086 | 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 2025-05-31 | 1,070,881 | USD | |
| At 2025-02-28 | 1,184,404 | 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 2025-05-31 | 2,836,860 | USD | |
| At 2025-02-28 | 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 2025-05-31 | 2,371,162 | 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 2025-05-31 | 110,121 | USD | |
| At 2025-02-28 | 22,567 | 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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 4,678,643 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 1,967,613 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 38,906 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 15,212 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 99,921 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 173,581 | USD | 92 |
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 2025-05-31 | 7,691,374 | shares | |
| At 2025-02-28 | 1,656,738 | 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 2025-05-31 | 45,530,355 | USD | |
| At 2025-02-28 | 41,710,126 | 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 2025-05-31 | 3,379,049 | USD | |
| At 2025-02-28 | 2,127,368 | 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 2025-05-31 | 559,925 | USD | |
| At 2025-02-28 | 721,382 | 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 2025-05-31 | 1,316,048 | USD | |
| At 2025-02-28 | 1,380,575 | 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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -4,445,925 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -1,987,626 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | -4,521,695 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -1,989,405 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 30,588 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 27,555 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 206,650 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 287,586 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 206,021 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 286,237 | USD | 92 |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 540,245 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 193,812 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -35,225 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 23,159 | USD | 92 |
| 2024-03-01 to 2024-05-31 | 4,371 | USD | 92 |
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 |
|---|---|---|---|
| 2025-03-01 to 2025-05-31 | 87,554 | USD | 92 |
| 2024-03-01 to 2024-05-31 | -6,322 | USD | 92 |
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.
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import json
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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"]:
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