Consolidated Statements of Cash Flows - USD ($)
|
12 Months Ended |
Feb. 28, 2019 |
Feb. 28, 2018 |
Feb. 28, 2017 |
| Cash Flows from Operating Activities |
|
|
|
| Net loss |
$ (17,536,411)
|
$ (14,037,378)
|
$ (4,114,001)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
| Depreciation and amortization |
502,997
|
367,176
|
397,445
|
| Impairment of intangible assets |
298,694
|
0
|
0
|
| Warrants issued for legal settlement |
2,271,627
|
0
|
0
|
| Shares issued for legal settlement |
1,770,000
|
0
|
69,498
|
| Stock options issued for services |
3,176,786
|
6,281,319
|
135,673
|
| Restricted stock units issued for services |
808,374
|
265,994
|
0
|
| Common stock issuable for services |
0
|
0
|
800,000
|
| Accrued interest |
109,804
|
0
|
0
|
| Loss on revaluation of warrants |
65,167
|
0
|
0
|
| Convertible notes debt discount amortization |
185,505
|
0
|
0
|
| Amortization of deferred financing costs |
47,123
|
0
|
0
|
| Changes in operating assets and liabilities: |
|
|
|
| Valued added tax and tax credits receivable |
(234,366)
|
(218,560)
|
(94,336)
|
| Prepaid expenses |
285,052
|
(511,573)
|
36,129
|
| Accounts payable and accrued liabilities |
687,161
|
1,821,536
|
(201,544)
|
| Advances from majority stockholder |
0
|
(360,000)
|
137,646
|
| Net cash used in operating activities |
(7,562,487)
|
(6,391,486)
|
(2,833,490)
|
| Cash Flows from Investing Activities |
|
|
|
| Additions to property, plant and equipment |
(1,892,654)
|
(2,710,053)
|
(513,022)
|
| Additions to intangible assets |
(153,465)
|
(88,319)
|
0
|
| Net cash used in investing activities |
(2,046,119)
|
(2,798,372)
|
(513,022)
|
| Cash Flows from Financing Activities |
|
|
|
| Proceeds from sales of common shares and exercise of warrants, net of share issuance costs |
0
|
15,694,497
|
3,986,016
|
| Repayment of advances from majority stockholder |
0
|
(278,472)
|
0
|
| Proceeds from issuance of long-term debt |
7,550,000
|
1,092,980
|
0
|
| Share issue expenses |
(25,544)
|
0
|
0
|
| Deferred financing costs |
(143,277)
|
0
|
0
|
| Repayment of long-term debt |
(53,155)
|
(4,554)
|
0
|
| Net cash provided by financing activities |
7,328,024
|
16,504,451
|
3,986,016
|
| Effect of exchange rate changes |
(35,741)
|
(81,367)
|
(145,603)
|
| Net change in cash |
(2,316,323)
|
7,233,226
|
493,901
|
| Cash, beginning of year |
8,149,713
|
916,487
|
422,586
|
| Cash, end of year |
5,833,390
|
8,149,713
|
916,487
|
| Supplemental Disclosure of Cash Flow Information: |
|
|
|
| Income tax paid |
0
|
0
|
0
|
| Interest paid |
$ 54,040
|
$ 5,125
|
$ 0
|