| Operating segments, net of eliminations |
| |
|
Three
months ended
May 31, 2017 |
|
|
|
|
| |
|
United States |
|
|
Canada |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Cost
of revenue |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| General
and administrative |
|
|
482,455 |
|
|
|
407,125 |
|
|
|
889,580 |
|
| Research
and development |
|
|
57,768 |
|
|
|
438,770 |
|
|
|
496,538 |
|
| Depreciation
and amortization |
|
|
25,961 |
|
|
|
64,526 |
|
|
|
90,487 |
|
| Foreign
exchange loss (gain) |
|
|
- |
|
|
|
46,485 |
|
|
|
46,485 |
|
| Loss
from operations |
|
$ |
(566,184 |
) |
|
$ |
(956,906 |
) |
|
$ |
(1,523,090 |
) |
| |
|
As
at
May
31, 2017 |
|
|
|
|
| |
|
United States |
|
|
Canada |
|
|
Total
|
|
| |
|
|
|
|
|
|
|
|
|
| Current
assets |
|
$ |
4,571,525 |
|
|
$ |
1,026,677 |
|
|
$ |
5,598,202 |
|
| Property
and equipment, net |
|
|
147,328 |
|
|
|
1,371,439 |
|
|
|
1,518,767 |
|
| Intangible
assets, net |
|
|
292,105 |
|
|
|
- |
|
|
|
292,105 |
|
| Total
assets |
|
$ |
5,010,958 |
|
|
$ |
2,398,116 |
|
|
$ |
7,409,074 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Current
liabilities |
|
$ |
230,962 |
|
|
$ |
434,012 |
|
|
$ |
664,974 |
|
| Equity |
|
|
8,547,511 |
|
|
|
(1,803,411 |
) |
|
|
6,744,100 |
|
| Total
liabilities and equity |
|
$ |
8,778,473 |
|
|
$ |
(1,369,399 |
) |
|
$ |
7,409,074 |
|
| |
|
Three
months ended
May 31, 2016 |
|
|
|
|
| |
|
United States |
|
|
Canada |
|
|
Total
|
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Cost
of revenue |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| General
and administrative |
|
|
231,797 |
|
|
|
207,949 |
|
|
|
439,746 |
|
| Research
and development |
|
|
149,674 |
|
|
|
265,894 |
|
|
|
415,568 |
|
| Depreciation
and amortization |
|
|
33,924 |
|
|
|
79,100 |
|
|
|
113,024 |
|
| Foreign
exchange loss (gain) |
|
|
- |
|
|
|
(3,789 |
) |
|
|
(3,789 |
) |
| Loss
from operations |
|
$ |
(415,395 |
) |
|
$ |
(549,154 |
) |
|
$ |
(964,549 |
) |
| |
|
As
at
May
31, 2016 |
|
|
|
|
| |
|
United States |
|
|
Canada |
|
|
Total
|
|
| |
|
|
|
|
|
|
|
|
|
| Current
assets |
|
$ |
1,374,929 |
|
|
$ |
360,038 |
|
|
$ |
1,734,967 |
|
| Property
and equipment, net |
|
|
146,746 |
|
|
|
1,281,554 |
|
|
|
1,428,300 |
|
| Intangible
assets, net |
|
|
349,322 |
|
|
|
- |
|
|
|
349,322 |
|
| Total
assets |
|
$ |
1,870,997 |
|
|
$ |
1,641,592 |
|
|
$ |
3,512,589 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Current
liabilities |
|
$ |
335,483 |
|
|
$ |
715,308 |
|
|
$ |
1,050,791 |
|
| Equity |
|
|
4,185,534 |
|
|
|
(1,723,736 |
) |
|
|
2,461,798 |
|
| Total
liabilities and equity |
|
$ |
4,521,017 |
|
|
$ |
(1,008,428 |
) |
|
$ |
3,512,589 |
|
|