| Long-term debt |
| |
|
August 31,
2020 |
|
|
February 29,
2020 |
|
| Investissement Québec financing facility: |
|
|
|
|
|
|
| Principal amount |
|
$ |
1,693,938 |
|
|
$ |
1,645,122 |
|
| Unamortized discount |
|
|
(279,908 |
) |
|
|
(289,852 |
) |
| Accrued interest |
|
|
21,250 |
|
|
|
958 |
|
| Total Investissement Québec financing facility |
|
|
1,435,280 |
|
|
|
1,356,228 |
|
| Term loan |
|
|
|
|
|
|
|
|
| Principal amount |
|
|
934,801 |
|
|
|
933,924 |
|
| Less: current portion |
|
|
(53,673 |
) |
|
|
(52,126 |
) |
| Total term loan, net of current portion |
|
|
881,128 |
|
|
|
881,798 |
|
| Long-term debt, net of current portion |
|
$ |
2,316,408 |
|
|
$ |
2,238,026 |
|
|
| Principal repayments |
| Years ending |
|
Amount |
|
| February 28, 2021 |
|
$ |
26,836 |
|
| February 28, 2022 |
|
|
53,673 |
|
| February 28, 2023 |
|
|
53,673 |
|
| February 29, 2024 |
|
|
295,660 |
|
| February 28, 2025 |
|
|
295,660 |
|
| Thereafter |
|
|
1,889,818 |
|
| Total |
|
$ |
2,615,320 |
|
|