| Property, Plant and Equipment |
| |
|
As at November 30, 2019 |
|
| |
|
Cost |
|
|
Accumulated depreciation |
|
|
Net book value |
|
| Land |
|
$ |
267,658 |
|
|
$ |
- |
|
|
$ |
267,658 |
|
| Building |
|
|
1,865,518 |
|
|
|
(114,729 |
) |
|
|
1,750,789 |
|
| Building Improvements |
|
|
695,590 |
|
|
|
(189,644 |
) |
|
|
505,946 |
|
| Machinery and equipment |
|
|
5,143,880 |
|
|
|
(1,251,135 |
) |
|
|
3,892,745 |
|
| Office equipment and furniture |
|
|
137,194 |
|
|
|
(58,943 |
) |
|
|
78,251 |
|
| |
|
$ |
8,109,840 |
|
|
$ |
(1,614,451 |
) |
|
$ |
6,495,389 |
|
| |
|
As at February 28, 2019 |
|
| |
|
Cost |
|
|
Accumulated depreciation |
|
|
Net book value |
|
| Land |
|
$ |
232,699 |
|
|
$ |
- |
|
|
$ |
232,699 |
|
| Building |
|
|
1,882,665 |
|
|
|
(68,596 |
) |
|
|
1,814,069 |
|
| 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 |
|
| |
|
$ |
6,450,775 |
|
|
$ |
(1,079,512 |
) |
|
$ |
5,371,263 |
|
Depreciation expense for the three- and nine-month
periods ended November 30, 2019 amounted to $212,968 and $570,165, respectively (2018 – $135,426 and $309,095, respectively),
and is recorded as an operating expense in the consolidated statements of operations and comprehensive loss.
|