| Long-term debt |
| | August 31, 2021 | | | February 28, 2021 | | Investissement Québec financing facility : | | | | | | | Principal amount | | $ | 3,645,875 | | | $ | 1,741,612 | | Unamortized discount | | | (388,155 | ) | | | (268,192 | ) | Accrued interest | | | 64,876 | | | | 42,588 | | Total Investissement Québec financing facility | | | 3,322,596 | | | | 1,516,008 | | Term loan | | | | | | | | | Principal amount | | | 915,432 | | | | 938,116 | | Less: current portion | | | (915,432 | ) | | | (938,116 | ) | Total term loan, net of current portion | | | - | | | | - | | Long-term debt, net of current portion | | $ | 3,322,596 | | | $ | 1,516,008 | |
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| Principal repayments |
Years ending | | Amount | | February 28, 2022 | | $ | 915,432 | | February 28, 2023 | | | - | | February 29, 2024 | | | 520,831 | | February 28, 2025 | | | 520,831 | | February 28, 2026 | | | 520,831 | | Thereafter | | | 2,083,382 | | Total | | $ | 4,561,307 | |
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