$MDNC
Medinotec Inc. Stock $mdnc

$mdnc Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000166357724000191 Filed on July 12, 2024

Income Statement

Concept	2024 Q3	2024 Q2	2023 Q2
Revenue	$1.804M	$2.327M	$416.2K
YoY Change	414.27%	459.16%	111.84%
Cost Of Revenue	$970.6K	-$1.399M	$98.50K
YoY Change	1491.47%	-1520.35%	14.5%
Gross Profit	$833.4K	$928.2K	$317.7K
YoY Change	187.58%	192.16%	187.65%
Gross Profit Margin	46.2%	39.89%	76.33%
Selling, General & Admin	$376.3K	-$626.2K	-$262.2K
YoY Change	79.33%	138.85%	158.62%
% of Gross Profit	45.15%	-67.46%	-82.51%
Research & Development	$1.892K	-$14.98K	-$2.262K
YoY Change	-84.04%	562.29%	-93.36%
% of Gross Profit	0.23%	-1.61%	-0.71%
Depreciation & Amortization		$23.23K	$18.67K
YoY Change		24.45%	-18.93%
% of Gross Profit		2.5%	5.87%
Operating Expenses	$397.7K	-$659.1K	-$276.9K
YoY Change	69.89%	138.05%	74.73%
Operating Profit	$435.7K	$269.2K	$40.85K
YoY Change	681.82%	558.92%	-185.1%
Interest Expense	-$47.09K	-$58.02K	-$65.57K
YoY Change	-33.53%	-11.52%	54.58%
% of Operating Profit	-10.81%	-21.56%	-160.52%
Other Income/Expense, Net	-$30.72K	-$55.03K	-$20.53K
YoY Change	-64.88%	168.01%	-42.82%
Pretax Income	$405.0K	$214.1K	$20.32K
YoY Change	-1376.33%	953.91%	-124.22%
Income Tax	$110.7K	$126.9K	-$1.970K
% Of Pretax Income	27.33%	59.28%	-9.7%
Net Earnings	$284.7K	$87.20K	$22.29K
YoY Change	-958.61%	291.26%	-135.33%
Net Earnings / Revenue	15.78%	3.75%	5.36%
Basic Earnings Per Share	$0.02	$0.01	$0.00
Diluted Earnings Per Share			$0.00
COMMON SHARES
Basic Shares Outstanding	11.73M shares	11.73M shares	11.73M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2024 Q3	2024 Q2	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments			$2.710M
YoY Change
Cash & Equivalents	$2.758M	$2.519M	$2.710M
Short-Term Investments
Other Short-Term Assets	$100.5K	$98.95K	$186.2K
YoY Change	-44.0%	-46.85%
Inventory			$489.3K
Prepaid Expenses
Receivables	$771.4K	$358.7K	$241.2K
Other Receivables			$118.7K
Total Short-Term Assets	$4.902M	$3.935M	$3.627M
YoY Change	27.85%	8.5%
LONG-TERM ASSETS
Property, Plant & Equipment	$327.1K	$316.3K	$360.7K
YoY Change	-9.18%	-12.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets			$103.2K
YoY Change
Total Long-Term Assets	$393.8K	$387.2K	$1.069M
YoY Change	-64.08%	-63.79%
TOTAL ASSETS
Total Short-Term Assets	$4.902M	$3.935M	$3.627M
Total Long-Term Assets	$393.8K	$387.2K	$1.069M
Total Assets	$5.296M	$4.322M	$4.696M
YoY Change	7.41%	-7.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable			$1.588K
YoY Change
Accrued Expenses			$16.14K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt			$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.566M	$771.8K	$80.97K
YoY Change	1164.1%	853.18%
LONG-TERM LIABILITIES
Long-Term Debt			$1.992M
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities			$1.992M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.566M	$771.8K	$80.97K
Total Long-Term Liabilities			$1.992M
Total Liabilities	$2.766M	$2.072M	$2.073M
YoY Change	17.05%	-0.05%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$11.73K	$11.73K	$3.308M
YoY Change	-99.65%	-99.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.530M	$2.250M	$2.623M
YoY Change
Total Liabilities & Shareholders Equity	$5.296M	$4.322M	$4.696M
YoY Change	7.41%	-7.96%

Cashflow Statement

Concept	2024 Q3	2024 Q2	2023 Q2
OPERATING ACTIVITIES
Net Income	$284.7K	$87.20K	$22.29K
YoY Change	-958.61%	291.26%	-135.33%
Depreciation, Depletion And Amortization		$23.23K	$18.67K
YoY Change		24.45%	-18.93%
Cash From Operating Activities		$246.2K	-$274.7K
YoY Change		-189.61%	302.77%
INVESTING ACTIVITIES
Capital Expenditures		-$6.055K
YoY Change
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change
Cash From Investing Activities		-$6.055K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-$541.5K	$77.62K
YoY Change		-797.68%	-97.79%
NET CHANGE
Cash From Operating Activities		$246.2K	-$274.7K
Cash From Investing Activities		-$6.055K
Cash From Financing Activities		-$541.5K	$77.62K
Net Change In Cash		-$289.8K	-$117.2K
YoY Change		147.19%	-103.42%
FREE CASH FLOW
Cash From Operating Activities		$246.2K	-$274.7K
Capital Expenditures		-$6.055K
Free Cash Flow		$252.2K	-$274.7K
YoY Change		-191.82%	470.97%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	22288	usd
CY2023Q2	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts		usd
CY2023Q2	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit		usd
CY2024Q2	us-gaap	Proceeds From Interest And Dividends Received ProceedsFromInterestAndDividendsReceived		usd
CY2023Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized		usd
CY2023Q2	us-gaap	Provision For Other Losses ProvisionForOtherLosses		usd
CY2023Q2	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts		usd
CY2023Q2	us-gaap	Accounts Receivable Noncurrent Accrued Interest Writeoff AccountsReceivableNoncurrentAccruedInterestWriteoff		usd
CY2023Q2	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability		usd
CY2023Q2	us-gaap	Increase Decrease In Customer Advances And Deposits IncreaseDecreaseInCustomerAdvancesAndDeposits		usd
CY2023Q2	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet		usd
CY2023Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2023Q2	us-gaap	Repayments Of Debt RepaymentsOfDebt		usd
CY2024Q2	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2024Q2	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
CY2023Q2	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
CY2023Q2	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds		usd
CY2023Q2	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability		usd
CY2023Q2	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts		usd
CY2024Q2	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross		usd
CY2024Q1	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross		usd
CY2024Q1	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross		usd
CY2024Q2	MDNC	Office Equipment Gross OfficeEquipmentGross		usd
CY2024Q1	MDNC	Office Equipment Gross OfficeEquipmentGross		usd
CY2024Q2	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent		usd
CY2024Q1	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent		usd
CY2024Q2	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet		usd
CY2024Q1	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet		usd
CY2024Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues		shares
CY2024Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues		shares
CY2024Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues		usd
CY2024	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues		usd
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	3296391	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	3296391	usd
CY2024Q2	us-gaap	Minority Interest MinorityInterest	-1154121	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	-1241325	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	96219	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	100371	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	2250223	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	2167171	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4322240	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4804279	usd
CY2024Q2	us-gaap	Revenues Revenues	2327249	usd
CY2023Q2	us-gaap	Revenues Revenues	416208	usd
CY2024Q2	us-gaap	Cost Of Revenue CostOfRevenue	-1399020	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	-98498	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	928229	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	317710	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	-17916	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	-12444	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	-605156	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	-216115	usd
CY2024Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	-14981	usd
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	-2262	usd
CY2024Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	-21008	usd
CY2023Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	-46039	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	-659061	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	-276860	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	269168	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	40850	usd
CY2024Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	14768	usd
CY2023Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	14333	usd
CY2024Q2	us-gaap	Interest Expense InterestExpense	-58022	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	-65573	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1177	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	30709	usd
CY2024Q2	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	-12948	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-55025	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-20531	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	214143	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	20319	usd
CY2024Q2	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-100156	usd
CY2024Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-26783	usd
CY2023Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1969	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	87204	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	22288	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2024Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	11733750	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	11733750	shares
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-4152	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	44603	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	83052	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	66891	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	2556055	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	22288	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	44603	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	2622946	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	2167171	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	87204	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-4152	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	2250223	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	87204	usd
CY2024Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23228	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	18665	usd
CY2023Q2	us-gaap	Proceeds From Interest And Dividends Received ProceedsFromInterestAndDividendsReceived	-51240	usd
CY2024Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-985	usd
CY2024Q2	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	52164	usd
CY2023Q2	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-1969	usd
CY2024Q2	us-gaap	Provision For Other Losses ProvisionForOtherLosses	-110633	usd
CY2024Q2	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	-12948	usd
CY2024Q2	us-gaap	Accounts Receivable Noncurrent Accrued Interest Writeoff AccountsReceivableNoncurrentAccruedInterestWriteoff	-9143	usd
CY2024Q2	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-5940	usd
CY2024Q2	us-gaap	Increase Decrease In Customer Advances And Deposits IncreaseDecreaseInCustomerAdvancesAndDeposits	-50931	usd
CY2024Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	308431	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-239626	usd
CY2024Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-76681	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-134971	usd
CY2024Q2	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	29469	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	9655	usd
CY2024Q2	MDNC	Net Cash Flow From Operations NetCashFlowFromOperations	259131	usd
CY2023Q2	MDNC	Net Cash Flow From Operations NetCashFlowFromOperations	-274718	usd
CY2024Q2	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-12948	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	246183	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-274718	usd
CY2024Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-6055	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6055	usd
CY2023Q2	us-gaap	Debtor Reorganization Items Gain Loss On Settlement Of Other Claims Net1 DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1	63436	usd
CY2023Q2	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	-14186	usd
CY2024Q2	us-gaap	Repayments Of Debt RepaymentsOfDebt	-541541	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-541541	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	77622	usd
CY2024Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11586	usd
CY2023Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	79848	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-289827	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-117248	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2808910	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2827457	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2519083	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2710209	usd
CY2023Q2	us-gaap	Interest Paid Net InterestPaidNet	10600	usd
CY2024Q2	us-gaap	Proceeds From Interest Received ProceedsFromInterestReceived	1196	usd
CY2023Q2	us-gaap	Proceeds From Interest Received ProceedsFromInterestReceived	1225	usd
CY2024Q2	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	95232	usd
CY2024Q2	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	1861	usd
CY2024Q2	us-gaap	Multiemployer Plan Pension Significant Employer Contribution Under Collective Bargaining Arrangement To Total Employer Contribution Percentage MultiemployerPlanPensionSignificantEmployerContributionUnderCollectiveBargainingArrangementToTotalEmployerContributionPercentage	0.025	pure
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-4152	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	44603	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-4152	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	44603	usd
CY2024Q2	us-gaap	Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure	<p id="xdx_84A_eus-gaap--RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_z9Vy9Xbyom5d" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 28.35pt; text-align: justify"><span style="color: Black"><b>n. Revenue recognition</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 0"><span style="color: Black"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The Company generates revenues through two distinct revenue sources</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 1.5pt"><span style="color: Black"><b> </b></span></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 48.15pt"></td><td style="width: 15pt"><span style="font-size: 10pt; color: Black">i.</span></td><td><span style="font-size: 10pt; color: Black">From the sale of high-quality medical devices which are self-manufactured through in-depth research and development; and </span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 55.5pt"><span style="color: Black"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 48.15pt"></td><td style="width: 15pt"><span style="font-size: 10pt; color: Black">ii.</span></td><td><span style="font-size: 10pt; color: Black">Through the distribution of finished products on behalf of other principals around the world into pre-agreed territories which are usually exclusive territories granted by such principal.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its arrangements:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 0pt; text-align: justify"></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 48.15pt"></td><td style="width: 15pt"><span style="font-size: 10pt; color: Black">i.</span></td><td style="text-align: justify"><span style="font-size: 10pt; color: Black">identify the contract with a customer, </span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 14.45pt 15pt 0 0.75in; text-align: justify"></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 48.15pt"></td><td style="width: 15pt"><span style="font-size: 10pt; color: Black">ii.</span></td><td style="text-align: justify"><span style="font-size: 10pt; color: Black">identify the performance obligations in the contract,</span></td></tr></table> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 15pt 0 0.5in"><span style="color: Black"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 48.15pt"></td><td style="width: 15pt"><span style="font-size: 10pt; color: Black">iii.</span></td><td style="text-align: justify"><span style="font-size: 10pt; color: Black">determine the transaction price,</span></td></tr></table> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 15pt 0 0.5in"><span style="color: Black"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 48.15pt"></td><td style="width: 15pt"><span style="font-size: 10pt; color: Black">iv.</span></td><td style="text-align: justify"><span style="font-size: 10pt; color: Black">allocate the transaction price to performance obligations in the contract, and</span></td></tr></table> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 15pt 0 0.5in"><span style="color: Black"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 48.15pt"></td><td style="width: 15pt"><span style="font-size: 10pt; color: Black">v.</span></td><td style="text-align: justify"><span style="font-size: 10pt; color: Black">recognize revenue as the performance obligation is satisfied.</span></td></tr></table> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 15pt 0 0"><span style="color: Black"> </span></p> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 15pt 0 0"><span style="color: Black"> </span></p> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 15pt 0 0"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b>Revenue from the sale of self-manufactured products</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">These products are developed in-house.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The Company’s clients are billed based on a pricelist that is agreed on in each customer’s contract. Orders are shipped on a per order basis from the Company’s warehouse with Free-On-Board Inco terms.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">Revenues relating to the self-manufactured products are recognized when control of the promised goods or services is transferred to a customer in an amount that reflects the consideration that the Company expects to receive in exchange for those products.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b>Revenue from the distribution of products</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The distribution products are sold via a network, which consists of a mixture of sub-distributors and, in some instances, a direct sales force. The Company’s clients are billed based on a pricelist that are agreed upon in each customer contract, orders are shipped on a per order basis from the Company’s warehouse with Free-on-Board Inco terms. The Company’s sub-distributors order from the Company on the same basis as its customers and have no preferential return rights on their inventory orders, therefore the client assumes the risk of the sale at point of invoice.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">Revenues relating to the distribution products are recognized when control of the promised goods or services are transferred to a customer in an amount that reflects the consideration that the Company expects to receive in exchange for those products.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">Goods delivered to a consignee pursuant to a consignment arrangement are not considered sales, and do not qualify for revenue recognition. Once it is determined that substantial risk of loss, rewards of ownership, as well as control of the asset have transferred to the consignee, revenue recognition would then be appropriate, assuming all other criteria for revenue recognition have been satisfied.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b>For both revenue streams</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The Company has two operating segments, inside the United States and outside the United States. These sales are split by these territories and further segregated into the specific revenue streams sold into these territories.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The Company has no contract assets or liabilities representing accrued revenues that have not yet been billed to the customers due to certain contractual terms, because orders are placed, invoiced, and shipped on a per order basis as and when the clients require additional inventory. All revenue is recognized at a specific point and time.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">Under ASC Topic 606, the Company estimates the transaction price, including variable consideration, at the commencement of the contract and recognizes revenue at point of sale when risks and rewards are transferred to the customer. There are no contract revenue agreements that would need to be recognized over time and the point of risks and rewards being transferred is very clear.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><i>Payment Terms</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 48.15pt; text-align: justify"><span style="color: Black"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">Our payment terms vary per segments; export sales made from within South Africa are subject to prepayment, where accounts are granted. They generally have payment terms of 30 days from statement and sales made inside the United States are 45 to 60 days. Terms can be extended by the Company when it deems the business case and creditworthiness of the customer is strong enough. The time between a customer’s payment and the receipt of funds is not significant. The Company’s contracts with customers do not result in significant obligations associated with returns, refunds, or warranties. Payment terms are generally fixed and do not include variable revenues.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 48.15pt; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The Company sells a significant amount to DISA Life Sciences. For the quarter ending May 31, 2024, <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_c20240301__20240531__srt--MajorCustomersAxis__custom--OneCustomerRevenuesMember_zOAxwveOpuid">65%</span> of the Company's total revenue is derived from this single customer in the distribution environment in South Africa compared to <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_c20230301__20230531__srt--MajorCustomersAxis__custom--OneCustomerRevenuesMember_zWyAoeuIlyp9">33%</span> for the quarter ending May 31, 2023.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">This table indicates the sales per revenue stream as a breakdown of the total revenue balance:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <table cellpadding="0" cellspacing="0" id="xdx_882_eus-gaap--ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_zEczhqzfsF13" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 50%; margin-right: auto" summary="xdx: Disclosure - 2. Significant Accounting Policies - Sales per Revenue Stream (Details)"> <tr style="vertical-align: bottom"> <td style="text-align: left"><span style="color: Black"> </span></td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td colspan="7" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><span style="color: Black">Medinotec Inc Group Consolidated Years Ended</span></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><p style="font: 10pt/105% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>May 31, 2024</b></span></p> <p style="font: 10pt/105% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>$</b></span></p></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><p style="font: 10pt/105% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>May 31, 2023</b></span></p> <p style="font: 10pt/105% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>$</b></span></p></td></tr> <tr style="vertical-align: bottom"> <td style="font: bold 10pt Times New Roman, Times, Serif"><span style="color: Black">Outside of United States of America</span></td><td><span style="color: Black"> </span></td> <td colspan="3"><span style="color: Black"> </span></td><td><span style="color: Black"> </span></td> <td colspan="3"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 68%; text-align: left; padding-left: 5.4pt"><span style="color: Black">Internally Designed/Manufactured Sales</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td id="xdx_98A_eus-gaap--Revenues_c20240301__20240531__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideUSAInternallyDesignedManufacturedSalesMember_z1hvrFAWD8Sh" style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right" title="Revenues"><span style="color: Black">801,282</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td id="xdx_987_eus-gaap--Revenues_c20230301__20230531__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideUSAInternallyDesignedManufacturedSalesMember_z5rlJss5fZH9" style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right" title="Revenues"><span style="color: Black">241,288</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 5.4pt"><span style="color: Black">Distribution Agreement Sales</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td id="xdx_984_eus-gaap--Revenues_c20240301__20240531__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideUSADistributionAgreementSalesMember_zDVyjLIpPx98" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Revenues"><span style="color: Black">1,390,194</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td id="xdx_98B_eus-gaap--Revenues_c20230301__20230531__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideUSADistributionAgreementSalesMember_zVnWtKTyuImi" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Revenues"><span style="color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0429">—</span> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 5.4pt"><span style="color: Black">Sales Generated inside the United States of America</span></td><td><span style="color: Black"> </span></td> <td style="text-align: left"><span style="color: Black"> </span></td><td style="text-align: right"><span style="color: Black"> </span></td><td style="text-align: left"><span style="color: Black"> </span></td><td><span style="color: Black"> </span></td> <td style="text-align: left"><span style="color: Black"> </span></td><td style="text-align: right"><span style="color: Black"> </span></td><td style="text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="color: Black">Internally Designed/Manufactured Sales</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td id="xdx_987_eus-gaap--Revenues_c20240301__20240531__us-gaap--StatementBusinessSegmentsAxis__custom--InsideUSAInternallyDesignedManufacturedSalesMember_zCUM3BEhbch" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Revenues"><span style="color: Black">135,773</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td id="xdx_987_eus-gaap--Revenues_c20230301__20230531__us-gaap--StatementBusinessSegmentsAxis__custom--InsideUSAInternallyDesignedManufacturedSalesMember_zYqB3Nlta4u6" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Revenues"><span style="color: Black">174,920</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; padding-left: 5.4pt"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td id="xdx_98F_eus-gaap--Revenues_c20240301__20240531_z4PONgXnJmia" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Revenues"><span style="color: Black">2,327,249</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td id="xdx_988_eus-gaap--Revenues_c20230301__20230531_z9TW90lu3Nmb" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Revenues"><span style="color: Black">416,208</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="color: Black"> </span></td></tr> </table> <p style="margin-right: 15pt; margin-top: 0; margin-bottom: 0"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The following table sets forth financial information by reportable segment for the periods ending May 31, 2024 and May 31, 2023:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 15pt 0 0; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b>Income/(loss) from operations</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"></p> <table cellpadding="0" cellspacing="0" id="xdx_88E_eus-gaap--ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock_zu4pzjrN3Fid" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; width: 90%; border-collapse: collapse; margin-right: auto" summary="xdx: Disclosure - 2. Significant Accounting Policies - Income/Loss From Operations Segments (Details)"> <tr> <td> </td> <td id="xdx_498_20240301__20240531__us-gaap--StatementBusinessSegmentsAxis__custom--InsideTheUnitedStatesMember_zsjvH8bRMRqg"> </td> <td id="xdx_491_20230301__20230531__us-gaap--StatementBusinessSegmentsAxis__custom--InsideTheUnitedStatesMember_z6Q5HhBYFRS4"> </td> <td id="xdx_49B_20240301__20240531__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideTheUnitedStatesMember_zM1HR6jkuDP9"> </td> <td id="xdx_49E_20230301__20230531__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideTheUnitedStatesMember_zm3Isk43FM6a"> </td> <td id="xdx_494_20240301__20240531_zRJu3I8Mg9sd"> </td> <td id="xdx_49F_20230301__20230531_zX2sKaLQZv5d"> </td></tr> <tr style="vertical-align: top"> <td style="border: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="color: Black"><b> </b></span></td> <td colspan="2" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Inside the United States </b></span></td> <td colspan="2" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Outside the United States</b></span></td> <td colspan="2" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Total</b></span></td></tr> <tr style="vertical-align: top"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="color: Black"><b> </b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2023</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2023</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2023</b></span></td></tr> <tr id="xdx_407_eus-gaap--Revenues_zfoVec05QHRb" style="vertical-align: top; background-color: #CCEEFF"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Revenue</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">135,773</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">174,920</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">2,191,476</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">241,288</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">2,327,249</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">416,208</span></td></tr> <tr id="xdx_407_eus-gaap--CostOfRevenue_msGPzhVX_zU9JL2eZHlS2" style="vertical-align: top; background-color: white"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Cost of goods sold</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(13,477)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(13,931)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(1,385,543)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(84,567)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(1,399,020)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(98,498)</span></td></tr> <tr id="xdx_403_eus-gaap--GrossProfit_iT_mtGPzhVX_maOILzQTh_zl8VqNUqsqhd" style="vertical-align: top; background-color: #CCEEFF"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Gross profit</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>122,296</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">160,989</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>805,933</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>156,721</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>928,229</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>317,710</b></span></td></tr> <tr id="xdx_401_eus-gaap--SellingAndMarketingExpense_maOEzP3p_z7Xv9Wop2bKi" style="vertical-align: top; background-color: white"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Selling expenses</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(11,939)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(9,164)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(9,069)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(36,875)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(21,008)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(46,039)</span></td></tr> <tr id="xdx_40E_eus-gaap--DepreciationAndAmortization_maOEzP3p_zeSMcBIZJKxj" style="vertical-align: top; background-color: #CCEEFF"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Depreciation expense</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0469">—</span></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0470">—</span></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(17,916)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(12,444)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(17,916)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(12,444)</span></td></tr> <tr id="xdx_405_eus-gaap--GeneralAndAdministrativeExpense_maOEzP3p_zNaJXYKkW30l" style="vertical-align: top; background-color: white"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">General and administrative expenses</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(132,397)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(114,895)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(472,759)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(101,220)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(605,156)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(216,115)</span></td></tr> <tr id="xdx_403_eus-gaap--ResearchAndDevelopmentExpense_maOEzP3p_z4KCYMyoQMMc" style="vertical-align: top; background-color: #CCEEFF"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Research and development expenses</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0483">—</span></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0484">—</span></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(14,981)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(2,262)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(14,981)</span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(2,262)</span></td></tr> <tr id="xdx_407_eus-gaap--OperatingIncomeLoss_iT_mtOILzQTh_maILFCOz4HV_zNNzp87fnhXl" style="vertical-align: top; background-color: white"> <td style="border-right: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Income/(loss) from operations</b></span></td> <td style="border-right: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>(22,040)</b></span></td> <td style="border-right: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">36,930</span></td> <td style="border-right: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>291,208</b></span></td> <td style="border-right: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>3,920</b></span></td> <td style="border-right: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>269,168</b></span></td> <td style="border-right: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>40,850</b></span></td></tr> <tr id="xdx_402_eus-gaap--AllowanceForLoanAndLeaseLossRecoveryOfBadDebts_maNIEzMRJ_zKxFfqYgIhjg" style="vertical-align: top; background-color: white"> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Provision for impairment of note receivable</span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(12,948)</span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0498">—</span></span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0499">—</span></span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0500">—</span></span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(12,948)</span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><span style="-sec-ix-hidden: xdx2ixbrl0502">—</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The following table sets forth financial information by reportable segment for the periods ending May 31, 2024 and February 29, 2024:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b>Total Assets </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black"><b></b></span></p> <table cellpadding="0" cellspacing="0" id="xdx_883_eus-gaap--LongLivedAssetsByGeographicAreasTableTextBlock_zhJPL6hoTnJ5" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; width: 95%; border-collapse: collapse; margin-right: auto" summary="xdx: Disclosure - 2. Significant Accounting Policies - Total Assets by Segment (Details)"> <tr> <td> </td><td id="xdx_49F_20240531__us-gaap--StatementBusinessSegmentsAxis__custom--InsideTheUnitedStatesMember_zcNUeOkMF4tj"> </td> <td id="xdx_49F_20240229__us-gaap--StatementBusinessSegmentsAxis__custom--InsideTheUnitedStatesMember_zaQdOkSN1MPi"> </td><td id="xdx_499_20240531__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideTheUnitedStatesMember_zJjWaPofCyz5"> </td> <td id="xdx_499_20240229__us-gaap--StatementBusinessSegmentsAxis__custom--OutsideTheUnitedStatesMember_zKTQNk8BBUTd"> </td><td id="xdx_493_20240531_zM5u1pYhKKrd"> </td> <td id="xdx_496_20240229_zy6imR6u1pl3"> </td> </tr> <tr style="vertical-align: top"> <td style="border: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="color: Black"><b> </b></span></td> <td colspan="2" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Inside the United States</b></span></td> <td colspan="2" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Outside the United States</b></span></td> <td colspan="2" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Total</b></span></td></tr> <tr style="vertical-align: top"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="color: Black"><b> </b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>May 31 2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Feb 29 2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>May 31 2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Feb 29 2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>May 31 2024</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Feb 29 2024</b></span></td></tr> <tr id="xdx_405_eus-gaap--Assets_iTI_mtCza5J_z4y18GQRQKw4" style="vertical-align: top; background-color: #CCEEFF"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>Total assets</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2,703,704</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2,697,502</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>1,618,536</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>2,106,777</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>4,322,240</b></span></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>4,804,279</b></span></td></tr> </table> <p style="margin-right: 15pt; margin-top: 0pt; margin-bottom: 0pt"><span style="color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt 0pt 48.15pt; text-align: justify"><span style="color: Black">The major component of total assets is "Cash" of <span id="xdx_902_eus-gaap--Cash_iI_c20240531_zZ3oaS4tSJbl">$2,519,083</span> for the period ending May 31, 2024 and <span id="xdx_90D_eus-gaap--Cash_iI_c20240229_zHvlyEDFMwN3">$2,808,910</span> for the period ending February 29, 2024. A significant portion of this is maintained Inside the United States in USD of <span id="xdx_906_eus-gaap--Cash_iI_c20240531__us-gaap--StatementBusinessSegmentsAxis__custom--InsideTheUnitedStatesMember_zW7xAdSYA4p9">$2,420,605</span> for the period ending May 31, 2024 and <span id="xdx_90F_eus-gaap--Cash_iI_c20240229__us-gaap--StatementBusinessSegmentsAxis__custom--InsideTheUnitedStatesMember_zRH1cHowJkli">$2,478,434</span> for the period ending February 29, 2024.</span></p> <p style="margin-right: 15pt; margin-top: 0; margin-bottom: 0"></p> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 15pt 0 0"></p>
CY2024Q2	us-gaap	Revenues Revenues	2327249	usd
CY2023Q2	us-gaap	Revenues Revenues	416208	usd
CY2024Q2	us-gaap	Revenues Revenues	2327249	usd
CY2023Q2	us-gaap	Revenues Revenues	416208	usd
CY2024Q2	us-gaap	Cost Of Revenue CostOfRevenue	-1399020	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	-98498	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	928229	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	317710	usd
CY2024Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	-21008	usd
CY2023Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	-46039	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	-17916	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	-12444	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	-605156	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	-216115	usd
CY2024Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	-14981	usd
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	-2262	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	269168	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	40850	usd
CY2024Q2	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	-12948	usd
CY2024Q2	us-gaap	Assets Assets	4322240	usd
CY2024Q1	us-gaap	Assets Assets	4804279	usd
CY2024Q2	us-gaap	Cash Cash	2519083	usd
CY2024Q1	us-gaap	Cash Cash	2808910	usd
CY2024Q2	MDNC	South Africa Prime Lending Rate SouthAfricaPrimeLendingRate	0.1175	pure
CY2024Q2	us-gaap	Use Of Estimates UseOfEstimates	<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>u. Use of estimates</b></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>i. Actual results could differ </b></span><p style="font: 10pt Times New Roman, Times, Serif; margin: 14.45pt 15pt 0 48.15pt; text-align: justify"><span style="color: Black">The preparation of consolidated financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and may have an impact on future periods.</span></p>
CY2024Q2	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	1133	usd
CY2024Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	1083882	usd
CY2024Q1	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	1056830	usd
CY2024Q2	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	101224	usd
CY2024Q1	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	99098	usd
CY2024Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1591874	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1552507	usd
CY2024Q2	us-gaap	Translation Adjustment Functional To Reporting Currency Net Of Tax TranslationAdjustmentFunctionalToReportingCurrencyNetOfTax	1679	usd
CY2024Q1	us-gaap	Translation Adjustment Functional To Reporting Currency Net Of Tax TranslationAdjustmentFunctionalToReportingCurrencyNetOfTax	35626	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1273860	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1268011	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	316335	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	320122	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease	23228	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease	18665	usd
CY2024Q2	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	5312	usd
CY2023Q2	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	6221	usd
CY2024Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	957497	usd
CY2024Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	861451	usd
CY2024Q2	MDNC	Provision For Obsolescence ProvisionForObsolescence	-10441	usd
CY2024Q1	MDNC	Provision For Obsolescence ProvisionForObsolescence	-10221	usd
CY2024Q2	us-gaap	Other Inventory In Transit OtherInventoryInTransit	11281	usd
CY2024Q1	us-gaap	Other Inventory In Transit OtherInventoryInTransit	12223	usd
CY2024Q2	us-gaap	Inventory Gross InventoryGross	958337	usd
CY2024Q1	us-gaap	Inventory Gross InventoryGross	863452	usd
CY2024Q2	us-gaap	Long Term Notes Payable LongTermNotesPayable	1266390	usd
CY2024Q1	us-gaap	Long Term Notes Payable LongTermNotesPayable	1769957	usd
CY2024Q2	MDNC	South Africa Prime Lending Rate SouthAfricaPrimeLendingRate	0.1175	pure
CY2024Q2	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	502217	usd
CY2024Q1	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	588640	usd
CY2024Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1210	usd
CY2024Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	11684	usd
CY2024Q2	us-gaap	Provision For Loss On Contracts ProvisionForLossOnContracts	22682	usd
CY2024Q1	us-gaap	Provision For Loss On Contracts ProvisionForLossOnContracts	92000	usd
CY2024Q2	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	11577	usd
CY2024Q1	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	35139	usd
CY2024Q2	us-gaap	Accrued Liabilities For Commissions Expense And Taxes AccruedLiabilitiesForCommissionsExpenseAndTaxes	198617	usd
CY2024Q1	us-gaap	Accrued Liabilities For Commissions Expense And Taxes AccruedLiabilitiesForCommissionsExpenseAndTaxes	53646	usd
CY2024Q2	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	8288	usd
CY2024Q1	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	20441	usd
CY2024Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	744591	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	801550	usd
CY2024Q2	us-gaap	Concentration Risk Supplier ConcentrationRiskSupplier	One major European Cardiac supplier constitutes 51% (61% on February 29, 2024) of the total trade accounts payable.
CY2024Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	12678	usd
CY2023Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	7883	usd
CY2024Q2	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	23409	usd
CY2024Q2	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	31211	usd
CY2024Q2	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	13005	usd
CY2024Q2	us-gaap	Operating Leases Future Minimum Payments Due In Two And Three Years OperatingLeasesFutureMinimumPaymentsDueInTwoAndThreeYears	67625	usd
CY2024Q2	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	-8177	usd
CY2024Q2	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	59448	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	25575	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	33873	usd
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q2	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	188266250	shares
CY2024Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2024Q2	MDNC	Schedule Of Common Stock Issued And Outstanding ScheduleOfCommonStockIssuedAndOutstanding	<table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--ScheduleOfCommonStockIssuedAndOutstanding_zFziMFjBfGL6" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 40%; margin-right: auto" summary="xdx: Disclosure - 10. Stockholders' equity - Common Stock Issued and Outstanding (Details)"> <tr style="vertical-align: bottom"> <td><span style="color: Black"> </span></td><td><span style="color: Black"> </span></td> <td colspan="3"><span style="color: Black"> </span></td><td><span style="color: Black"> </span></td> <td colspan="3"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="color: Black"> </span></td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><span style="color: Black">May 31 2024</span></td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><span style="color: Black">Feb 29 2024</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-indent: -7.05pt; padding-left: 7.05pt"><span style="color: Black">Common shares</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span style="color: Black"><span id="xdx_90F_eus-gaap--CommonStockSharesOutstanding_iI_c20240531_zP5jgdMSIMqc">11,733,750</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span style="color: Black"><span id="xdx_907_eus-gaap--CommonStockSharesOutstanding_iI_c20240229_zVcNdF5IlIV4">11,733,750</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; text-indent: -7.05pt; padding-left: 7.05pt"><span style="color: Black">Stock issued</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_90A_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20240301__20240531_zS2igfS5tXOa"><span style="-sec-ix-hidden: xdx2ixbrl0682">—</span></span> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20240301__20240531_zhLSsp3hquW"><span style="-sec-ix-hidden: xdx2ixbrl0683">—</span></span> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-indent: -0.1in; padding-left: 0.1in"><span style="color: Black">Total</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_902_eus-gaap--CommonStockSharesOutstanding_iI_c20240531_z2nJSQqAV1Mg">11,733,750</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_904_eus-gaap--CommonStockSharesIssued_iI_c20240229_zQDLzvwLGR2j">11,733,750</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td></tr> </table>
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11733750	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11733750	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11733750	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11733750	shares
CY2024Q2	MDNC	Schedule Of Common Stock Issued And Outstanding Value ScheduleOfCommonStockIssuedAndOutstandingValue	<table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--ScheduleOfCommonStockIssuedAndOutstandingValue_zEAt4YOkaU76" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 40%; margin-right: auto" summary="xdx: Disclosure - 10. Stockholders' equity - Common Stock Issued and Outstanding Value (Details)"> <tr style="vertical-align: bottom"> <td><span style="color: Black"> </span></td><td><span style="color: Black"> </span></td> <td colspan="3"><span style="color: Black"> </span></td><td><span style="color: Black"> </span></td> <td colspan="3"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>May 31 2024</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>$</b></span></p></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>Feb 29 2024</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span style="color: Black"><b>$</b></span></p></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-indent: -7.05pt; padding-left: 7.05pt"><span style="color: Black">Common shares</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span style="color: Black"><span id="xdx_90C_eus-gaap--CommonStockValue_iI_c20240531_z8EBsPsQku8j">11,734</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="color: Black"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span style="color: Black"><span id="xdx_900_eus-gaap--CommonStockValue_iI_c20240229_zoVeRe04USue">11,734</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; text-indent: -7.05pt; padding-left: 7.05pt"><span style="color: Black">Stock issued</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20240301__20240531_zBq8C1jgaSZf"><span style="-sec-ix-hidden: xdx2ixbrl0690">—</span></span> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20230301__20240229_z4dEB5l9jqZ4"><span style="-sec-ix-hidden: xdx2ixbrl0691">—</span></span> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-indent: -0.1in; padding-left: 0.1in"><span style="color: Black">Total</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_90E_eus-gaap--CommonStockValue_iI_c20240531_zwhYyZ3Wcxa2">11,734</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="color: Black"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="color: Black"> </span></td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="color: Black"><span id="xdx_901_eus-gaap--CommonStockValue_iI_c20240229_zv4HWSbbQeMk">11,734</span></span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="color: Black"> </span></td></tr> </table>
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	11734	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	11734	usd
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	11734	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	11734	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	126939	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1969	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.59	pure
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.10	pure
CY2024Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2024Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2024Q2	us-gaap	Accrued Rent Current AccruedRentCurrent	7793	usd
CY2024Q1	us-gaap	Accrued Rent Current AccruedRentCurrent	7883	usd

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2024 Q3 Form 10-Q Financial Statement

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$MDNC Medinotec Inc. Stock $mdnc

2024 Q3 Form 10-Q Financial Statement

#000166357724000191 Filed on July 12, 2024

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$MDNC
Medinotec Inc. Stock $mdnc