Consolidated Balance Sheets - USD ($)
|
Feb. 28, 2023 |
Feb. 28, 2022 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 29,590,686
|
$ 44,061,427
|
| Restricted cash (Note 10) |
1,000,000
|
0
|
| Sales tax, tax credits and other receivables (Note 3) |
1,075,045
|
1,716,262
|
| Inventories (Note 4) |
726,933
|
0
|
| Deposits on machinery and equipment (Note 5) |
3,395,650
|
2,801,680
|
| Prepaid expenses and other deposits (Note 5) |
635,580
|
163,966
|
| Assets held for sale (Note 6) |
0
|
3,389,279
|
| Total current assets |
36,423,894
|
52,132,614
|
| Investment in joint venture (Note 11) |
380,922
|
380,922
|
| Property, plant and equipment, net (Note 6) |
2,545,203
|
5,692,862
|
| Intangible assets, net (Note 7) |
1,209,959
|
1,013,801
|
| Total assets |
40,559,978
|
59,220,199
|
| Current liabilities |
|
|
| Accounts payable and accrued liabilities (Note 9) |
2,510,481
|
9,846,815
|
| Customer deposits (Note 10) |
1,011,732
|
0
|
| Current portion of long-term debt (Note 12) |
62,135
|
0
|
| Total current liabilities |
3,584,348
|
9,846,815
|
| Long-term debt (Note 12) |
3,240,271
|
3,378,403
|
| Total liabilities |
6,824,619
|
13,225,218
|
| Stockholders' Equity |
|
|
| Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding (Note 14) |
0
|
0
|
| Common stock par value $0.0001; 250,000,000 shares authorized; 47,469,224 shares issued and outstanding (2022 - 47,388,056) (Note 14) |
4,748
|
4,740
|
| Additional paid-in capital |
170,369,868
|
150,396,704
|
| Additional paid-in capital - Warrants (Note 19) |
20,385,510
|
30,272,496
|
| Accumulated deficit |
(155,883,491)
|
(134,582,926)
|
| Accumulated other comprehensive loss |
(1,141,276)
|
(96,033)
|
| Total stockholders' equity |
33,735,359
|
45,994,981
|
| Total liabilities and stockholders' equity |
$ 40,559,978
|
$ 59,220,199
|