| Operating segments, net of eliminations |
| |
|
Year
ended February 29, 2016 |
|
|
|
|
| |
|
United
States |
|
|
Canada |
|
|
Total
|
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Cost
of revenue |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| General
and administrative |
|
|
1,357,728 |
|
|
|
390,316 |
|
|
|
1,748,044 |
|
| Research
and development |
|
|
274,132 |
|
|
|
527,534 |
|
|
|
801,666 |
|
| Depreciation
and amortization |
|
|
71,683 |
|
|
|
140,162 |
|
|
|
211,845 |
|
| Cost
of reverse merger |
|
|
60,571 |
|
|
|
- |
|
|
|
60,571 |
|
| Foreign
exchange loss (gain) |
|
|
- |
|
|
|
14,240 |
|
|
|
14,240 |
|
| Loss
from operations |
|
$ |
1,764,114 |
|
|
$ |
1,072,252 |
|
|
$ |
2,836,366 |
|
| |
|
As
at February 29, 2016 |
|
|
|
|
| |
|
United
States |
|
|
Canada |
|
|
Total
|
|
| |
|
|
|
|
|
|
|
|
|
| Current
assets |
|
$ |
455,393 |
|
|
$ |
256,363 |
|
|
$ |
711,756 |
|
| Property
and equipment, net |
|
|
158,413 |
|
|
|
1,240,941 |
|
|
|
1,399,354 |
|
| Intangible
assets, net |
|
|
371,579 |
|
|
|
- |
|
|
|
371,579 |
|
| Total
assets |
|
$ |
985,385 |
|
|
$ |
1,497,304 |
|
|
$ |
2,482,689 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Current liabilities |
|
$ |
182,673 |
|
|
$ |
882,538 |
|
|
$ |
1,065,211 |
|
| Equity |
|
|
2,702,980 |
|
|
|
(1,285,502 |
) |
|
|
1,417,478 |
|
| Total
liabilities and equity |
|
$ |
2,885,653 |
|
|
$ |
(402,964 |
) |
|
$ |
2,482,689 |
|
| |
|
Period
ended February 29, 2015 |
|
|
|
|
| |
|
United
States |
|
|
Canada |
|
|
Total
|
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Cost
of revenue |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| General
and administrative |
|
|
224,877 |
|
|
|
61,031 |
|
|
|
285,908 |
|
| Research
and development |
|
|
12,241 |
|
|
|
28,373 |
|
|
|
40,614 |
|
| Depreciation
and amortization |
|
|
9,892 |
|
|
|
1,485 |
|
|
|
11,377 |
|
| Cost
of reverse merger |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Foreign
exchange loss (gain) |
|
|
(41,412 |
) |
|
|
(9,051 |
) |
|
|
(50,463 |
) |
| Loss
from operations |
|
$ |
205,598 |
|
|
$ |
81,838 |
|
|
$ |
287,436 |
|
| |
|
As
at February 29, 2015 |
|
|
|
|
| |
|
United
States |
|
|
Canada |
|
|
Total
|
|
| |
|
|
|
|
|
|
|
|
|
| Current
assets |
|
$ |
722,443 |
|
|
|
60,418 |
|
|
$ |
782,861 |
|
| Property
and equipment, net |
|
|
- |
|
|
|
11,233 |
|
|
|
11,233 |
|
| Intangible
assets, net |
|
|
435,158 |
|
|
|
- |
|
|
|
435,158 |
|
| Total
assets |
|
$ |
1,157,601 |
|
|
|
71,651 |
|
|
$ |
1,229,252 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Current
liabilities |
|
$ |
214,010 |
|
|
|
103,488 |
|
|
$ |
317,498 |
|
| Equity |
|
|
993,591 |
|
|
|
(81,837 |
) |
|
|
911,754 |
|
| Total
liabilities and equity |
|
$ |
1,207,601 |
|
|
|
21,651 |
|
|
$ |
1,229,252 |
|
|