Prepaid Expenses and Deposits
3 Months Ended
May 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Deposits

Prepaid expenses and deposits as at May 31, 2021 and February 28, 2021 were as follows:

 

    May 31, 2021     February 28, 2021  
Directors and officers insurance   $ 812,455     $ -  
Deposits on machinery and equipment     965,670       379,395  
Other     200,265       230,387  
    $ 1,978,390     $ 609,782  

 

Non-refundable cash deposits on machinery and equipment that will be used in research and development activities will be expensed, and classified as research and development expenses, in the period the equipment is received and placed into use.