Microcap Ledger

Tickers · $NTRP

NextTrip, Inc. $NTRP

By Microcap Ledger desk · CIK 0000788611

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Transportation Services
Headquarters
Sunrise, FL
Fiscal year end
February 28
Shares outstanding
14,919,927 [10-Q 2026-07-15]
as of 2026-07-14

Sources: [10-K 2026-05-29]

What the company doesAI summary of filing

NextTrip, Inc. is a technology-forward travel and media company operating at an early stage of commercial development with only nominal revenues to date. The company operates two segments: a Travel segment that provides online leisure, luxury, cruise, and group travel booking through proprietary platforms including NXT2.0, Five Star Alliance, and TA Pipeline, generating revenue through commissions, markups, and service fees on travel bookings; and a Media segment that distributes travel programming through JOURNY.tv and Travel Magazine, generating revenue through advertising, sponsorships, and branded content while serving as a demand-generation engine for the Travel segment. The company's strategy combines premium travel content, booking technology, and concierge services to guide consumers from inspiration through booking, with recent launches including JournyGO (an AI-powered booking ecosystem) and Travel Magazine Pro (an advisor-focused platform). The filing states there is substantial doubt about the company's ability to continue as a going concern for 12 months from the filing date. [10-K 2026-05-29]

Segments: Travel (NXT2.0 booking platform, NextTrip Vacations, Five Star Alliance, TA Pipeline, JournyGO, Travel Magazine Pro), Media (JOURNY.tv, GoUSA TV, Travel Magazine)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
3 months to May 2026$1.45M−$3.13M −$2.34M$803.5K[10-Q 2026-07-15]
FY ended Feb 2026$3.72M$16.25M −$4.56M$1.70M[10-K 2026-05-29]
FY ended Feb 2025$501.4K$10.20M −$5.08M$1.06M[10-K 2026-05-29]
Quarterly cash burn
−$2.34M
Cash runway Estimate
~1 months

Estimate: cash at the end of the period (3 months to May 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-10-141,421,427[10-Q 2024-10-15]
2025-01-101,592,738[10-Q 2025-01-14]
2025-05-287,653,525[10-K 2025-05-29]
2025-07-147,846,603[10-Q 2025-07-15]
2025-10-148,366,471[10-Q 2025-10-15]
2026-01-1313,666,807[10-Q 2026-01-14]
2026-05-2814,493,468[10-K 2026-05-29]
2026-07-1414,919,927[10-Q 2026-07-15]
Shelf registration
S-3 filed 2026-08-19; declared effective 2026-08-27 [S-3 2026-08-19]

Listing status

Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2025-03-07. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2025-03-078-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-03-07]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-17Kaplan Andrew Jaybuy52,910$1.89[4 2026-09-22]
2026-07-31Monaco Donald Pother17,886$1.62[4 2026-08-04]
2026-06-18Jiang David Tbuy18,200$2.75[4 2026-06-22]
2026-05-11Orzechowski Frankgrant19,787—[4 2026-05-15]
2026-05-11Orzechowski Frankother5,896$2.48[4 2026-05-15]
2026-05-08Kaplan Andrew Jaybuy18,182$2.75[4 2026-05-11]
2025-11-21Kircher Stephen Cother34,223—[4 2025-11-25]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.