45 unchanged sentences
have experienced net losses.
−Removed: We generated a net loss of approximately $3.57 million during the six-month period ended August 31, 2025
+Added: We generated a net loss of approximately $5.2 million during the nine-month period ended November 30, 2025
and net losses of approximately $5.1 million, $3.8 million and $7.5 million for the years ended February 28, 2025, 2024 and 2023, respectively.
−Removed: At August 31, 2025 and February 28, 2025, we had an accumulated deficit of approximately $37.7 million and $34.2 million, respectively.
+Added: At November 30, 2025 and February 28, 2025, we had an accumulated deficit of approximately $39.4 million and $34.2 million, respectively.
We have not achieved profitability, and we may not realize sufficient revenue to achieve profitability in future periods.
585 unchanged sentences
or to our shareholders.
−Removed: Adverse regulatory developments in China may
−Removed: subject us to additional regulatory review, and additional disclosure requirements and regulatory scrutiny to be adopted by the SEC in
−Removed: response to risks related to recent regulatory developments in China may impose additional compliance requirements for companies like
−Removed: us with significant China-based operations, all of which could increase our compliance costs, subject us to additional disclosure requirements.
+Added: Adverse regulatory developments in China may subject us to additional
+Added: regulatory review, and additional disclosure requirements and regulatory scrutiny to be adopted by the SEC in response to risks related
+Added: to recent regulatory developments in China may impose additional compliance requirements for companies like us with significant China-based
+Added: operations, all of which could increase our compliance costs, subject us to additional disclosure requirements.
The recent regulatory developments in China, in particular
150 unchanged sentences
that could be beneficial to our business, pay dividends and otherwise fund and conduct our business.
−Removed: PRC regulation of loans and direct investment
−Removed: by offshore holding companies to PRC entities may delay or prevent us from making loans or additional capital contributions to our PRC
−Removed: subsidiary and affiliated entities, which could harm our liquidity and our ability to fund and expand our business.
+Added: PRC regulation of loans and direct investment by offshore holding
+Added: companies to PRC entities may delay or prevent us from making loans or additional capital contributions to our PRC subsidiary and affiliated
+Added: entities, which could harm our liquidity and our ability to fund and expand our business.
As an offshore holding company of our PRC subsidiary,
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of our other public announcements has been reviewed or otherwise been scrutinized by any local regulator.
−Removed: Certain PRC regulations, including those relating
−Removed: to mergers and acquisitions and national security, may require a complicated review and approval process which could make it more difficult
−Removed: for us to pursue growth through acquisitions in China.
+Added: Certain PRC regulations, including those relating to mergers and
+Added: acquisitions and national security, may require a complicated review and approval process which could make it more difficult for us to
+Added: pursue growth through acquisitions in China.
The Regulations on Mergers and Acquisitions of Domestic
111 unchanged sentences
securities or dividends to investors and cause the value of our securities to significantly decline or become worthless.
−Removed: ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES
−Removed: AND USE OF PROCEEDS
−Removed: None that have not already been reported on a Current
−Removed: Report on Form 8-K.
−Removed: ITEM 3 – DEFAULTS UPON SENIOR SECURITIES
−Removed: ITEM 4 – MINE SAFETY DISCLOSURES
−Removed: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.