12. Stockholders’ Equity Common Stock For the period ended May 31, 2023 | | Number of shares | | | Amount | | Balance, February 28, 2023 | | | 47,469,224 | | | $ | 5 | | Issuance of shares upon settlement of restricted stock units | | | 51,963 | | | | - | | Balance, May 31, 2023 | | | 47,521,187 | | | $ | 5 | |
For the period ended May 31, 2022 | | Number of shares | | | Amount | | Balance, February 28, 2022 | | | 47,388,056 | | | $ | 5 | | Issuance of shares upon settlement of restricted stock units | | | 12,653 | | | | - | | Balance, May 31, 2022 | | | 47,400,709 | | | $ | 5 | |
During the three months ended May 31, 2023, the Company recorded the following common stock transaction: (i) | The Company issued 51,963 shares of the common stock to settle restricted stock units that vested in the period. |
During the three months ended May 31, 2022, the Company recorded the following common stock transaction: (i) | The Company issued 12,653 shares of the common stock to settle restricted stock units that vested in the period. |
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