| Stockholders' Equity |
Common Stock
| For the period ended August 31, 2020 |
|
Number of
shares |
|
|
Amount |
|
| Balance, February 29, 2020 |
|
|
39,910,774 |
|
|
$ |
3,992 |
|
| Issuance of shares upon settlement of restricted stock units |
|
|
24,436 |
|
|
|
2 |
|
| Balance, August 31, 2020 |
|
|
39,935,210 |
|
|
$ |
3,994 |
|
| For the period ended August
31, 2019 |
|
Number
of
shares |
|
|
Amount |
|
| Balance, February 28, 2019 |
|
|
33,805,706 |
|
|
$ |
3,381 |
|
| Issuance of shares for cash |
|
|
4,693,567 |
|
|
|
469 |
|
| Issuance of shares for services rendered |
|
|
43,932 |
|
|
|
4 |
|
| Issuance of shares upon the cashless exercise of stock options |
|
|
4,565 |
|
|
|
1 |
|
| Issuance of shares upon the exercise of warrants |
|
|
15,432 |
|
|
|
1 |
|
| Issuance of shares upon settlement of legal matter |
|
|
150,000 |
|
|
|
15 |
|
| Issuance of shares upon conversion of Convertible notes |
|
|
319,326 |
|
|
|
32 |
|
| Balance, August 31, 2019 |
|
|
39,032,528 |
|
|
$ |
3,903 |
|
During the six months ended August 31, 2020,
the Company recorded the following common stock transaction:
| (i) |
The Company issued 24,436 shares of its common stock to settle restricted stock units that vested in the period. |
During the six months ended August 31, 2019,
the Company recorded the following common stock transactions:
| (i) |
On March 1, 2019, the Company sold 600,000 shares of its common stock at an offering price of $8.55 per share in a registered direct offering, for gross proceeds of $5,130,000; |
| (ii) |
On March 8, 2019 and March 11, 2019, the Company issued 150,000 shares of its common stock in settlement of a legal matter; |
| (iii) |
On April 9, 2019, the Company converted Convertible notes with a face value of $2,650,000 plus accrued interest of $80,241 at a conversion price of $8.55, into 319,326 common shares. |
| (iv) |
On June 14, 2019, the Company sold 4,093,567 shares of its common stock at an offering price of $8.55 per share in a registered direct offering, for gross proceeds of $35,000,000; |
| (v) |
On June 21, 2019, the Company issued 7,043 shares of common stock upon the vesting of restricted stock units related to an employee. |
| (vi) |
On July 2, 2019 and July 3, 2019, the Company issued 23,547 shares of common stock upon the vesting of restricted stock units related to current and former Directors. |
| (vii) |
On July 12, 2019, the Company issued 4,565 shares of common stock upon the cashless exercise of stock options related to an employee. |
| (viii) |
On July 15, 2019, the Company issued 13,342 shares of common stock upon the vesting of restricted stock units related to a former Director. |
| (ix) |
On July 17, 2019, the Company issued 15,432 shares of common stock upon the exercise of warrants. |
|