Share based Payments (Tables)
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9 Months Ended |
Nov. 30, 2023 |
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| Share based Payments (Tables) |
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| Schdule of Stock Options Activity |
| | 2023 | | | 2022 | | | | Number of stock options | | | Weighted average exercise price | | | Number of stock options | | | Weighted average exercise price | | Outstanding, beginning of period | | | 2,782,000 | | | $ | 5.08 | | | | 1,570,000 | | | $ | 6.87 | | Granted | | | - | | | | - | | | | 972,000 | | | | 2.68 | | Exercised | | | (10,000 | ) | | | 0.80 | | | | - | | | | - | | Forfeited | | | - | | | | - | | | | - | | | | - | | Expired | | | - | | | | - | | | | - | | | | - | | Outstanding, end of period | | | 2,772,000 | | | $ | 5.10 | | | | 2,542,000 | | | $ | 5.27 | | Exercisable, end of period | | | 1,810,000 | | | $ | 6.53 | | | | 1,670,000 | | | $ | 6.84 | |
| | 2023 | | | 2022 | | | | Number of stock options | | | Weighted average exercise price | | | Number of stock options | | | Weighted average exercise price | | Outstanding, beginning of period | | | 2,542,000 | | | $ | 5.27 | | | | 1,570,000 | | | $ | 6.87 | | Granted | | | 240,000 | | | | 3.11 | | | | 972,000 | | | | 2.68 | | Exercised | | | (10,000 | ) | | | 0.80 | | | | - | | | | - | | Forfeited | | | - | | | | - | | | | - | | | | - | | Expired | | | - | | | | - | | | | - | | | | - | | Outstanding, end of period | | | 2,772,000 | | | $ | 5.10 | | | | 2,542,000 | | | $ | 5.27 | | Exercisable, end of period | | | 1,810,000 | | | $ | 6.53 | | | | 1,670,000 | | | $ | 6.84 | |
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| Principle components of the pricing model of stock option activity |
Exercise price | | $ | 3.11 | | Risk-free interest rate | | | 3.84 | % | Expected dividend yield | | | 0 | % | Expected volatility | | | 79 | % | Expected life | | 3 years | |
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| Schdule of restricted stock units |
| | 2023 | | | 2022 | | | | Number of units | | | Weighted average fair value price | | | Number of units | | | Weighted average fair value price | | Outstanding, beginning of period | | | 4,417,688 | | | $ | 6.52 | | | | 4,128,718 | | | $ | 7.37 | | Granted | | | - | | | | - | | | | - | | | | - | | Settled | | | - | | | | - | | | | (38,878 | ) | | | 13.08 | | Forfeited | | | - | | | | - | | | | (53,037 | ) | | | 13.40 | | Outstanding, end of period | | | 4,417,688 | | | $ | 6.52 | | | | 4,036,803 | | | $ | 7.17 | | Outstanding vested, end of period | | | 1,635,241 | | | $ | 6.22 | | | | 1,563,497 | | | $ | 6.29 | |
| | 2023 | | | 2022 | | | | Number of units | | | Weighted average fair value price | | | Number of units | | | Weighted average fair value price | | Outstanding, beginning of period | | | 3,888,618 | | | $ | 7.09 | | | | 4,018,567 | | | $ | 7.42 | | Granted | | | 585,364 | | | | 2.93 | | | | 151,605 | | | | 5.14 | | Settled | | | (51,963 | ) | | | 8.66 | | | | (51,531 | ) | | | 13.07 | | Forfeited | | | (4,331 | ) | | | 8.21 | | | | (81,838 | ) | | | 11.74 | | Outstanding, end of period | | | 4,417,688 | | | $ | 6.52 | | | | 4,036,803 | | | $ | 7.17 | | Outstanding vested, end of period | | | 1,635,241 | | | $ | 6.22 | | | | 1,563,497 | | | $ | 6.29 | |
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