Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands |
3 Months Ended |
May 31, 2023 |
May 31, 2022 |
| Cash Flows from Operating Activities |
|
|
| Net loss |
$ (7,001)
|
$ (18,006)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation and amortization (Notes 6 and 7) |
133
|
139
|
| Stock-based compensation expense (Note 15) |
355
|
8,466
|
| Accretion and accrued interest expenses (Note 10) |
17
|
40
|
| Changes in operating assets and liabilities: |
|
|
| Sales tax and tax credits receivable (Note 3) |
(83)
|
594
|
| Inventories (Note 4) |
(144)
|
|
| Prepaid expenses (Note 5) |
(90)
|
(870)
|
| Accounts payable and accrued liabilities (Note 9) |
1,321
|
(2,012)
|
| Customer deposits |
(12)
|
0
|
| Net cash used in operating activities |
(5,504)
|
(11,649)
|
| Cash Flows from Investing Activities |
|
|
| Deposits on machinery and equipment (Note 5) |
2,023
|
73
|
| Additions to intangible assets (Note 7) |
(99)
|
(69)
|
| Net cash used in investing activities |
(2,122)
|
4
|
| Cash Flows from Financing Activities |
|
|
| Repayment of long-term debt (Note 10) |
(16)
|
0
|
| Net cash (used) provided by financing activities |
(16)
|
0
|
| Effect of exchange rate changes |
21
|
(15)
|
| Net decrease in cash |
(7,621)
|
(11,660)
|
| Cash, cash equivalents and restricted cash, beginning of period |
30,591
|
44,061
|
| Cash, cash equivalents and restricted cash, end of period |
22,970
|
32,401
|
| Supplemental Disclosure of Cash Flow Information: |
|
|
| Income tax paid |
0
|
0
|
| Interest paid |
21
|
0
|
| Interest received |
$ 99
|
$ 13
|