For the quarter ending 2025-11-30, NTRP has $14,424,933 in assets. $8,149,753 in debts. $2,427,299 in cash and cash equivalents.
| Balance Sheets | 2025-11-30 | 2025-08-31 | 2025-05-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 2,427,299 | 1,837,654 | 130,906 | |
| Accounts receivable, net | 372,438 | 266,916 | 110,121 | |
| Prepaid expenses and other current assets | 1,501,534 | 1,418,173 | 1,316,048 | |
| Total current assets | 4,301,271 | 3,522,743 | 1,557,075 | |
| Property and equipment, net | 2,232 | 2,861 | 3,490 | |
| Total | - | 9,353,788 | - | |
| Accumulated amortization | - | 5,272,785 | - | |
| Intangible assets, net | 3,809,004 | 4,081,003 | 3,379,049 | |
| Security deposit | 40,167 | 30,167 | 30,167 | |
| Goodwill | 3,123,684 | 3,123,684 | 2,836,860 | |
| Equity investments | 2,415,000 | 2,415,000 | 2,415,000 | |
| Other prepaid assets | 733,575 | 733,575 | 733,575 | |
| Total non-current assets | 10,123,662 | 10,386,290 | 9,398,141 | |
| Total assets | 14,424,933 | 13,909,033 | 10,955,216 | |
| Accounts payable | 1,238,095 | 1,377,016 | 1,070,881 | |
| Accrued expenses | 857,523 | 653,548 | 559,925 | |
| Deferred revenue | 1,692,424 | 2,098,709 | 308,498 | |
| Derivative liability | 80,000 | 120,000 | - | |
| Notes payable-Related Party | - | 7,616 | 7,616 | |
| Contingent consideration | 180,000 | 180,000 | - | |
| Notes payable-Nonrelated Party | 1,003,353 | 563,501 | 753,046 | |
| Total current liabilities | 5,051,395 | 5,000,390 | 2,699,966 | |
| Sba eidl loan | 98,358 | 98,532 | 98,757 | |
| Line of credit related parties | 3,000,000 | 2,831,575 | 1,486,575 | |
| Total non-current liabilities | 3,098,358 | 2,930,107 | 1,585,332 | |
| Total liabilities | 8,149,753 | 7,930,497 | 4,285,298 | |
| Common stock, par value 0.001 250,000,000 shares authorized 96,774 and 0 shares issued and outstanding, respectively | 387,000 | 387,000 | - | |
| Preferred stock, par value 0.001 10,000,000 shares authorized 33,316 and 3,106,616 shares issued and outstanding, respectively | 34 | 3,389 | 3,389 | |
| Common stock, par value 0.001 250,000,000 shares authorized 12,552,742 and 1,656,738 shares issued and outstanding, respectively | 12,552 | 8,118 | 7,692 | |
| Additional paid in capital | 51,114,785 | 47,532,965 | 45,530,355 | |
| Accumulated deficit | -45,239,191 | -41,952,936 | -38,871,518 | |
| Total stockholders equity | 5,888,180 | 5,591,536 | 6,669,918 | |
| Total liabilities, mezzanine and stockholders equity | 14,424,933 | 13,909,033 | 10,955,216 | |
NextTrip, Inc. (NTRP)
NextTrip, Inc. (NTRP)