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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Feb. 28, 2022
COMMITMENTS AND CONTINGENCIES  
Balance sheet classification of lease assets and liabilities Current Year

Balance Sheet Classification

 

February 28, 2022

 

Assets

 

 

 

Operating lease right-of-use assets, March 1, 2021

 

$340,000

 

Amortization for fiscal year ended February 28, 2022

 

 

(340,000)

Total operating lease right-of-use asset, February 28, 2022

 

$-

 

Liabilities

 

 

 

 

Current

 

 

 

 

Operating lease liability, short-term

 

$-

 

Non-current

 

 

 

 

Operating lease liability, long-term

 

 

-

 

Total lease liabilities

 

$-

 

Balance sheet classification of lease assets and liabilities Previous Year

Balance Sheet Classification

 

February 28, 2021

 

Assets

 

 

 

Operating lease right-of-use assets, March 1, 2020

 

$723,000

 

Amortization for the fiscal year ended February 28, 2021

 

 

(383,000)

Total operating lease right-of-use asset, February 28, 2021

 

$340,000

 

Liabilities

 

 

 

 

Current

 

 

 

 

Operating lease liability, short-term

 

$377,000

 

Non-current

 

 

 

 

Operating lease liability, long-term

 

 

-

 

Total lease liabilities

 

$377,000