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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2024
Feb. 29, 2024
Current assets    
Cash and cash equivalents $ 1,395 $ 6,958
Sales tax, tax credits and other receivables (Note 3) 392 351
Inventories (Note 4) 81 102
Prepaid expenses and other deposits (Note 5) 492 577
Total current assets 2,360 7,988
Investment in joint venture 381 381
Property, plant and equipment, net (Note 6) 10,476 10,636
Intangible assets, net (Note 7) 1,786 1,548
Total assets 15,003 20,553
Current liabilities    
Accounts payable and accrued liabilities (Note 9) 4,376 2,321
Current portion of long-term debt (Note 10) 393 100
Unearned revenue (Note 11) 101 0
Total current liabilities 4,870 2,421
Due to customer 800 770
Long-term debt (Note 10) 4,499 3,220
Total liabilities 10,169 6,411
Stockholders' Equity    
Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding 0 0
Common stock par value $0.0001; 250,000,000 shares authorized; 47,620,263 shares issued and outstanding (February 29, 2024 - 47,528,908) (Note 12) 5 5
Additional paid-in capital 185,868 171,792
Additional paid-in capital - Warrants 7,041 20,385
Accumulated deficit (186,998) (176,970)
Accumulated other comprehensive loss (1,082) (1,070)
Total stockholders' equity 4,834 14,142
Total liabilities and stockholders' equity $ 15,003 $ 20,553