| Warrants activities |
| |
|
Number
of Warrant Shares |
|
|
Weighted
Average Exercise Price |
|
| Balance,
February 29, 2016 |
|
|
2,322,334 |
|
|
$ |
1.03 |
|
| Granted |
|
|
712,670 |
|
|
$ |
5.68 |
|
| Forfeited |
|
|
(1,037,500 |
) |
|
$ |
0.80 |
|
| Exercised |
|
|
(247,500 |
) |
|
$ |
0.80 |
|
| Expired |
|
|
(102,334 |
) |
|
$ |
6.00 |
|
| Balance,
February 28, 2017 |
|
|
1,647,670 |
|
|
$ |
2.91 |
|
| Granted |
|
|
2,481,917 |
|
|
$ |
9.43 |
|
| Forfeited |
|
|
(620,385 |
) |
|
$ |
4.97 |
|
| Exercised |
|
|
(470,054 |
) |
|
$ |
3.69 |
|
| Expired |
|
|
(523,900 |
) |
|
$ |
5.21 |
|
| Balance,
February 28, 2018 |
|
|
2,515,248 |
|
|
$ |
8.21 |
|
| Earned
and exercisable, February 28, 2018 |
|
|
981,916 |
|
|
$ |
7.13 |
|
| Unvested,
February 28, 2018 |
|
|
1,533,332 |
|
|
$ |
8.90 |
|
|
| Outstanding and exercisable warrants |
| |
|
|
Warrants
Outstanding |
|
|
Warrants
Exercisable |
|
| Exercise
Price |
|
|
Number
Outstanding |
|
|
Average
Remaining Contractual Life (in years) |
|
|
Number
Exercisable |
|
|
Average
Remaining Contractual Life (in years) |
|
| $ |
0.80 |
|
|
|
602,081 |
|
|
|
7.75 |
|
|
|
389,581 |
|
|
|
7.75 |
|
| $ |
3.00 |
|
|
|
12,500 |
|
|
|
0.25 |
|
|
|
12,500 |
|
|
|
0.25 |
|
| $ |
5.25 |
|
|
|
530,000 |
|
|
|
9.49 |
|
|
|
72,500 |
|
|
|
9.49 |
|
| $ |
12.00 |
|
|
|
840,667 |
|
|
|
8.09 |
|
|
|
382,335 |
|
|
|
6.35 |
|
| $ |
13.49 |
|
|
|
250,000 |
|
|
|
9.63 |
|
|
|
125,000 |
|
|
|
9.63 |
|
| $ |
13.89 |
|
|
|
280,000 |
|
|
|
9.69 |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
2,515,248 |
|
|
|
|
|
|
|
981,916 |
|
|
|
|
|
|