Condensed Consolidated Balance Sheets - USD ($)
Aug. 31, 2019
Feb. 28, 2019
Current assets    
Cash and cash equivalents $ 37,931,040 $ 5,833,390
Sales tax, tax credits and other receivables (Note 3) 716,314 599,000
Prepaid expenses 248,712 226,521
Total current assets 38,896,066 6,658,911
Investment in joint venture (Note 8) 500,000 0
Property, plant and equipment, net (Note 4) 6,428,004 5,371,263
Intangible assets, net (Note 5) 200,351 127,672
Total assets 46,024,421 12,157,846
Current liabilities    
Accounts payable and accrued liabilities (Notes 7) 1,511,976 2,670,233
Convertible notes (Notes 6 and 10) 4,259,759 5,636,172
Warrants (Note 10) 0 219,531
Current portion of long-term debt (Notes 6 and 9) 52,651 53,155
Total current liabilities 5,824,386 8,579,091
Long-term debt (Notes 6 and 9) 917,012 952,363
Total liabilities 6,741,398 9,531,454
Stockholders' Equity    
Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding (Note 11) 0 0
Common stock par value $0.0001: 250,000,000 shares authorized; 34,875, 032 shares issued and outstanding (February 28, 2019 - 33, 805,706) 3,903 3,381
Additional paid-in capital 74,414,197 38,966,208
Additional paid-in capital - Warrants (Notes 10 and 11) 9,700,102 757,704
Additional paid-in capital - Beneficial conversion feature (Note 10) 1,200,915 1,200,915
Common stock issuable, 1,000,000 shares (Note 11) 0 800,000
Accumulated deficit (45,708,185) (38,811,592)
Accumulated other comprehensive loss (327,909) (290,224)
Total stockholders' equity 39,283,023 2,626,392
Total liabilities and stockholders' equity $ 46,024,421 $ 12,157,846