| Property, Plant and Equipment |
| |
|
As at May 31, 2019 |
|
| |
|
Cost |
|
|
Accumulated depreciation |
|
|
Net book value |
|
| Building |
|
$ |
1,832,840 |
|
|
$ |
(82,178 |
) |
|
$ |
1,750,661 |
|
| Land |
|
|
226,540 |
|
|
|
- |
|
|
|
226,540 |
|
| Building Improvements |
|
|
373,823 |
|
|
|
(122,274 |
) |
|
|
251,549 |
|
| Machinery and equipment |
|
|
4,650,026 |
|
|
|
(935,568 |
) |
|
|
3,714,458 |
|
| Office equipment and furniture |
|
|
113,989 |
|
|
|
(51,863 |
) |
|
|
62,126 |
|
| Balances, end of period |
|
$ |
7,197,218 |
|
|
$ |
(1,191,883 |
) |
|
$ |
6,005,335 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As at February 28, 2019 |
|
| |
|
Cost |
|
|
Accumulated depreciation |
|
|
Net book value |
|
| Building |
|
$ |
1,882,665 |
|
|
$ |
(68,596 |
) |
|
$ |
1,814,069 |
|
| Land |
|
|
232,699 |
|
|
|
- |
|
|
|
232,699 |
|
| Building Improvements |
|
|
383,985 |
|
|
|
(119,889 |
) |
|
|
264,096 |
|
| Machinery and equipment |
|
|
3,834,338 |
|
|
|
(841,236 |
) |
|
|
2,993,102 |
|
| Office equipment and furniture |
|
|
117,088 |
|
|
|
(49,791 |
) |
|
|
67,297 |
|
| Balances, end of period |
|
$ |
6,450,775 |
|
|
$ |
(1,079,512 |
) |
|
$ |
5,371,263 |
|
Depreciation expense for the three-month periods
ended May 31, 2019 and 2018 amounted to $161,321 and $84,590, respectively, and is recorded as an operating expense in the consolidated
statements of operations and comprehensive loss.
|