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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Nov. 30, 2021
Equity [Abstract]  
Schedule of Stock-based Compensation Expense

Stock-based compensation expense is included in the following captions of the condensed consolidated statements of comprehensive loss (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

November 30,

 

 

November 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenues

$

66

 

 

$

172

 

 

$

82

 

 

$

480

 

Research and development

 

726

 

 

 

717

 

 

 

2,240

 

 

 

1,940

 

Selling and marketing

 

856

 

 

 

611

 

 

 

2,146

 

 

 

1,602

 

General and administrative

 

1,655

 

 

 

1,146

 

 

 

4,061

 

 

 

3,469

 

Restructuring

 

 

 

 

 

 

 

 

 

 

875

 

Other non-operating expense

 

(151

)

 

 

 

 

 

32

 

 

 

 

 

$

3,152

 

 

$

2,646

 

 

$

8,561

 

 

$

8,366

 

Summary of Stock Option Activity

Changes in our outstanding stock options during the nine months ended November 30, 2021 were as follows (options in thousands):

 

 

Number of

Options

 

 

Weighted Average Exercise Price

 

 

Weighted average remaining contractual life (years)

 

 

Aggregate intrinsic value

 

Outstanding at February 28, 2021

 

778

 

 

$

16.01

 

 

 

6.0

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

(33

)

 

 

7.53

 

 

 

 

 

 

 

 

 

Forfeited or expired

 

(76

)

 

 

16.49

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2021

 

669

 

 

$

16.37

 

 

 

5.6

 

 

$

39

 

Exercisable at November 30, 2021

 

543

 

 

$

16.33

 

 

 

5.1

 

 

$

20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Restricted Stock Shares (RSU's), and Performance Stock Units (PSU's) Activity

Changes in our outstanding restricted stock shares, performance stock units (“PSUs”) and restricted stock units (“RSUs”) during the nine months ended November 30, 2021 were as follows (restricted shares, PSUs and RSUs in thousands):

 

 

Number of Restricted

Shares, PSUs

and RSUs

 

 

Weighted Average Grant Date Fair Value

 

 

Shares Retained to Cover Statutory Minimum Withholding Taxes

 

Outstanding at February 28, 2021

 

3,053

 

 

$

10.61

 

 

 

 

 

Granted

 

1,296

 

 

 

12.20

 

 

 

 

 

Vested

 

(918

)

 

 

11.81

 

 

 

336

 

Forfeited

 

(485

)

 

 

10.78

 

 

 

 

 

Outstanding at November 30, 2021

 

2,946

 

 

$

10.89