v3.22.2.2
Stockholders Equity
6 Months Ended
Aug. 31, 2022
Stockholders' Equity  
13. Stockholders' Equity

13. Stockholders’ Equity

 

Common Stock

 

For the period ended August 31, 2022

 

Number of shares

 

 

Amount

 

Balance, February 28, 2022

 

 

47,388,056

 

 

$4,740

 

Issuance of shares upon settlement of restricted stock units

 

 

12,653

 

 

 

1

 

Balance, August 31, 2022

 

 

47,400,709

 

 

$4,741

 

 

For the period ended August 31, 2021

 

Number of shares

 

 

Amount

 

Balance, February 28, 2021

 

 

42,413,691

 

 

$4,242

 

Issuance of shares upon settlement of restricted stock units

 

 

31,660

 

 

 

4

 

Issuance of shares for cash

 

 

4,714,813

 

 

 

471

 

Balance, August 31, 2021

 

 

47,160,164

 

 

$4,717

 

 

During the six-month period ended August 31, 2022, the Company recorded the following common stock transaction:

 

(i)

The Company issued 12,653 shares of the common stock to settle restricted stock units that vested in the period.

 

During the six-month period ended August 31, 2021, the Company recorded the following common stock transactions:

 

(i)

The Company issued 31,660 shares of the common stock to settle restricted stock units that vested in the period.

(ii)

The Company issued 4,714,813 shares of its common stock, with warrants, at an aggregate offering price of $12.00 per share for total gross proceeds of $56,577,756 and net proceeds of $56,084,304.