Consolidated Balance Sheets - USD ($)
|
Feb. 28, 2021 |
Feb. 29, 2020 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 35,221,951
|
$ 33,717,671
|
| Sales tax, tax credits and other receivables (Note 3) |
1,763,835
|
664,544
|
| Prepaid expenses |
609,782
|
141,226
|
| Total current assets |
37,595,568
|
34,523,441
|
| Investment in joint venture |
1,500,000
|
850,000
|
| Property, plant and equipment, net (Note 4) |
3,513,051
|
7,260,254
|
| Intangible assets, net (Note 5) |
794,894
|
202,863
|
| Total assets |
43,403,513
|
42,836,558
|
| Current liabilities |
|
|
| Accounts payable and accrued liabilities (Note 7) |
8,124,865
|
2,082,698
|
| Current portion of long-term debt (Note 9) |
938,116
|
52,126
|
| Total current liabilities |
9,062,081
|
2,134,824
|
| Long-term debt (Note 9) |
1,516,008
|
2,238,026
|
| Total liabilities |
10,578,989
|
4,372,850
|
| Stockholders' Equity |
|
|
| Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding (Note 12) |
0
|
0
|
| Common stock par value $0.0001; 250,000,000 shares authorized; 42,413,619 shares issued and outstanding (2020 - 39,910,774) (Note 12) |
4,242
|
3,992
|
| Additional paid-in capital |
113,662,677
|
82,379,413
|
| Additional paid-in capital - Warrants |
8,826,165
|
9,785,799
|
| Accumulated deficit |
(89,661,970)
|
(53,317,047)
|
| Accumulated other comprehensive loss |
(6,590)
|
(388,449)
|
| Total stockholders' equity |
32,824,524
|
38,463,708
|
| Total liabilities and stockholders' equity |
$ 43,403,513
|
$ 42,836,558
|