| Long-term debt |
| |
|
May 31,
2020 |
|
|
February 29,
2020 |
|
| Investissement Québec financing facility: |
|
|
|
|
|
|
| Principal amount |
|
$ |
1,602,404 |
|
|
$ |
1,645,122 |
|
| Unamortized discount |
|
|
(273,652 |
) |
|
|
(289,852 |
) |
| Accrued interest |
|
|
10,489 |
|
|
|
958 |
|
| Total Investissement Québec financing facility |
|
|
1,339,241 |
|
|
|
1,356,228 |
|
| Term loan |
|
|
|
|
|
|
|
|
| Principal amount |
|
|
896,980 |
|
|
|
933,924 |
|
| Less: current portion |
|
|
(50,772 |
) |
|
|
(52,126 |
) |
| Total term loan, net of current portion |
|
|
846,208 |
|
|
|
881,798 |
|
| Long-term debt, net of current portion |
|
$ |
2,185,449 |
|
|
$ |
2,238,026 |
|
|
| Principal repayments |
| Years ending |
|
Amount |
|
| February 28, 2021 |
|
$ |
38,079 |
|
| February 28, 2022 |
|
|
50,772 |
|
| February 28, 2023 |
|
|
50,772 |
|
| February 29, 2024 |
|
|
279,684 |
|
| February 28, 2025 |
|
|
279,684 |
|
| Thereafter |
|
|
1,787,700 |
|
| Total |
|
$ |
2,486,691 |
|
|