NextTrip Inc
For the period ended Feb 28, 2025. Filed May 29, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed May 29, 2025
NTRP$1.15+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statement of Stockholders’ Equity
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| Preferred · Common · Additional Paid in · Accumulated | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Deficit · Total | ||||||||
| Balance, February 28, 2023 (*) | - | $ | - | 83,371 | $83 | $17,295,890 | $(16,811,863) | $484,110 |
| Issuance of Preferred Shares | 472,680 | 473 | - | - | 1,603,027 | - | 1,603,500 | |
| Conversion of Convertible Notes | - | - | 52,818 | 53 | 3,968,507 | - | 3,968,560 | |
| Purchases of Common Shares | - | - | 15,481 | 16 | 1,905,954 | - | 1,905,970 | |
| Issuance of Common Shares for Services | - | - | 4,337 | 4 | 13,106 | - | 13,110 | |
| Reverse Acquisition of Sigma Additive Solutions, Inc. | 316 | 1 | 780,423 | 780 | 2,367,637 | - | 2,368,418 | |
| Stock Compensation | - | - | - | - | 116,512 | - | 116,512 | |
| Preferred Stock Dividends | - | - | - | - | 7,125 | (7,125) | - | |
| Net Loss | (7,332,151) | (7,332,151) | ||||||
| Balance, February 29, 2024 (*) | 472,996 | $474 | 936,430 | $936 | $27,277,758 | $(24,151,139) | $3,128,029 | |
| Issuance of Preferred Shares in Private Placements | 830,284 | 830 | - | - | 3,872,104 | - | 3,872,934 | |
| Conversion of Preferred Shares to Common Shares | (409,502) | (410) | 409,502 | 410 | - | - | - | |
| Issuance of Preferred Shares for Debt Conversions | 1,459,434 | 1,460 | - | - | 4,651,040 | - | 4,652,500 | |
| Issuance of Securities for Services | 109,113 | 109 | 160,990 | 161 | 2,407,193 | - | 2,407,463 | |
| Securities Issued for Equity Investments | 644,291 | 644 | 8,065 | 8 | 2,938,704 | - | 2,939,356 | |
| Issuance of Commitment Shares for Equity Line of Credit | - | - | 32,786 | 33 | 99,967 | - | 100,000 | |
| Issuance of Common Shares for Warrant Exercises | - | - | 104,965 | 105 | 316,890 | - | 316,995 | |
| Stock Compensation | - | - | 4,000 | 4 | 67,870 | - | 67,874 | |
| Preferred Stock Dividends | - | - | - | - | 78,600 | (78,600) | - | |
| Net Loss | - | - | - | - | - | (10,120,084) | (10,120,084) | |
| Balance, February 28, 2025 | 3,106,616 | $3,107 | 1,656,738 | $1,657 | $41,710,126 | $(34,349,823) | $7,365,067 | |
| * | On December 29, 2023, the Company (then known as Sigma Additive Solutions, Inc.) acquired NTH in a reverse acquisition. NTG was issued 83,371 shares of Company common stock in exchange for 100% of the issued and outstanding capital stock of NTH at the time of the reverse acquisition. The Company has reflected this transaction retroactively in these financial statements. |
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