| Schedule of fair value of financial instruments |
| |
|
Fair Value Measurements as at May 31, 2019 |
|
| |
|
Carrying Amount |
|
|
Fair Value |
|
|
Level in the hierarchy |
|
| Instruments measured at fair value: |
|
$ |
- |
|
|
$ |
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Instruments measured at amortized cost:
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term debt |
|
|
965,969 |
|
|
|
965,969 |
|
|
Level 2 |
|
| Convertible notes (Second Issuance) |
|
$ |
3,556,249 |
|
|
$ |
4,900,000 |
|
|
Level 2 |
|
| |
|
Fair Value Measurements at February 28, 2019 |
|
| |
|
Carrying Amount |
|
|
Fair Value |
|
Level in the hierarchy |
|
|
|
| Instruments measured at fair value: |
|
|
|
|
|
|
|
|
|
|
| Warrants (First Issuance) |
|
$ |
219,531 |
|
|
$ |
219,531 |
|
Level 3 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Instruments measured at amortized cost: |
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term debt |
|
|
1,005,518 |
|
|
|
1,005,518 |
|
Level 2 |
|
|
|
| Convertible notes (First Issuance) |
|
|
2,495,636 |
|
|
|
2,650,000 |
|
Level 2 |
|
|
|
| Convertible notes (Second Issuance) |
|
$ |
3,126,886 |
|
|
$ |
3,150,000 |
|
Level 2 |
|
|
|
|