Restatement of Previously Issued Unaudited Condensed Financial Statements for the Three Months Ended May 31, 2021 (Tables)

3 Months Ended

May 31, 2022

Condensed Financial Information Disclosure [Abstract]

Schedule of the company’s previously issued balance

	As of May 31, 2021
	As Previously Reported			Adjustments			Reclassifications			As Restated			Notes
Accrued expenses (including accrued interest)	$	1,529,273		$	(92,625	)	$	5,125		$	1,441,772			[D][1]
Note payable		246,360			-			(5,125	)		241,235			[1]
Derivative warrant liability		-			1,238,955			-			1,238,955			[A]
Common stock		7,297			-			(2	)		7,295
Additional paid-in capital		446,555,737			(136,004	)		2			446,695,305			[B]
					258,636			-						[C]
					16,934									[C]
Accumulated deficit	$	(466,992,328	)	$	(1,238,955	)	$	-		$	(468,278,223	)		[A]
					136,004			-						[B]
					(258,636	)		-						[C]
					(16,934	)		-						[C]
					92,626			-						[D]

Schedule of the company’s previously issued statement of operations

	As of May 31, 2021
	As Previously Reported			Adjustments			Reclassifications		As Restated			Notes
Selling, general and administrative expense	$	812,681		$	16,934		$	-	$	736,989			[C]
					(92,626	)		-					[D]
Gain on extinguishment of derivative warrant liability		-			44,620			-		44,620			[A]
Change in fair value of derivative warrant liability		-			82,800			-		82,800			[A]
Net loss	$	(1,108,829	)	$	203,112		$	-	$	(905,717	)
Net loss per share, basic and diluted	$	(0.02	)						$	(0.01	)

Schedule of the company’s previously issued statement of shareholder deficit

	Common Stock Shares			Common Stock Amount			Additional Paid-In Capital		Accumulated Deficit			Total Shareholders’ Deficit
Balance, February 28, 2021, as previously reported		71,107,442		$	7,109		$	446,126,640	$	(465,883,499	)	$	(19,749,750	)
Prior period revisions		-			-			122,632		(1,489,007	)		(1,366,375	)
Corrections of errors		(4,433	)										-
Balance, February 28, 2021, as restated		71,103,009		$	7,109		$	446,249,272	$	(467,372,506	)	$	(21,116,125	)
Balance, May 31, 2021, as previously reported		72,972,775		$	7,297		$	446,555,737	$	(466,992,328	)	$	(20,429,294	)
Prior period revisions		-			(2	)		122,634		(1,489,007	)		(1,366,375	)
Share-based compensation addition		-			-			16,934		-			16,934
Net loss reduction		-			-			-		203,112			203,112
Corrections of errors		(4,433	)		-			-		-			-
Balance, May 31, 2021, as restated		71,103,009		$	7,295		$	446,695,305	$	(468,278,223	)	$	(21,575,623	)

Schedule of the company’s previously issued statement of cash flows

	As of May 31, 2021
	As Previously Reported			Adjustments			Reclassifications			As Restated			Notes
Cash flows from operating activities:
Net loss	$	(1,108,829	)	$	203,112		$	-		$	(905,717	)		[A] [C] [D]
Gain on extinguishment of derivative warrant liability		-			(44,620	)		-			(44,620	)		[A]
Change in fair value of derivative warrant liability		-			(82,800	)		-			(82,800	)		[A]
Share-based compensation expense		146,284			16,934			-			163,218			[C]
Changes in working capital assets and liabilities:
Operating lease right-to-use asset		-			-			40,383			40,383
Accounts payable and accrued expenses		199,562			(92,626	)		1,457			108,392				[1]
Accrued interest on notes payable		270,274			-			(1,457	)		268,817				[1]
Operating lease liability		47,532			-			(40,383	)		7,149