| Interest and Other Financial Costs |
Interest and other finance costs for the three-
and six-month periods ended August 31, 2020 and 2019 are as follows:
| |
|
Three Months Ended August 31 |
|
|
Six Months Ended August 31 |
|
| |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
| Interest on long-term debt |
|
$ |
19,005 |
|
|
$ |
13,993 |
|
|
$ |
38,732 |
|
|
$ |
27,062 |
|
| Interest on convertible notes |
|
|
- |
|
|
|
98,000 |
|
|
|
- |
|
|
|
215,433 |
|
| Accretion expense |
|
|
9,112 |
|
|
|
488,325 |
|
|
|
17,658 |
|
|
|
1,035,888 |
|
| Amortization of deferred finance costs |
|
|
- |
|
|
|
19,885 |
|
|
|
- |
|
|
|
66,327 |
|
| Loss (gain) on revaluation of foreign exchange contracts |
|
|
(87,022 |
) |
|
|
- |
|
|
|
11,481 |
|
|
|
- |
|
| Revaluation of warrants |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
8,483 |
|
| Gain on conversion of November 2018 Notes |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(232,565 |
) |
| Other |
|
|
- |
|
|
|
1,980 |
|
|
|
- |
|
|
|
3,436 |
|
| |
|
$ |
(58,905 |
) |
|
$ |
622,183 |
|
|
$ |
67,871 |
|
|
$ |
1,124,064 |
|
|