v3.26.1
Leases
 12 Months Ended
Feb. 28, 2026
Leases [Abstract]  
Leases LEASES
The Company has operating leases primarily for corporate offices, vehicle, data center and research and development facilities. The Company’s leases have remaining lease terms of between one month and ten years, some of which may include options to extend the lease for up to 10 years, and some of which may include options to terminate the lease within three months.
The components of lease expense were as follows:
 For the Years Ended
 February 28, 2026February 28, 2025February 29, 2024
Operating lease cost, included in general and administrative$8.9 $13.1 $17.8 

Supplemental cash flow information related to leases was as follows:
 For the Years Ended
 February 28, 2026February 28, 2025February 29, 2024
Cash used in operating activities related to operating lease payments$17.5 $20.6 $27.8 
During the year ended February 28, 2026, the Company entered into $3.4 million (February 28, 2025 - $7.5 million) in lease obligations and recognized a corresponding ROU asset of $3.4 million (February 28, 2025 - $7.5 million).
During the year ended February 28, 2026, the Company incurred losses of $1.2 million (February 28, 2025 - $6.9 million; February 29, 2024 - $6.9 million) on LLA impairment of ROU assets, as described in Note 4. The Company also had sublease income during the year ended February 28, 2026 of $3.9 million (February 28, 2025 - $3.9 million; February 29, 2024 - $3.6 million) and incurred short-term lease costs of $2.2 million (February 28, 2025 - $2.3 million; February 29, 2024 - $2.5 million).
Supplemental consolidated balance sheet information related to leases was as follows:
 As at
 February 28, 2026February 28, 2025
Operating leases
Operating lease assets
Operating lease ROU assets $16.7 $22.0 
Operating lease liabilities
Accrued liabilities $9.5 $15.0 
Operating lease liabilities 18.8 28.7 
Total operating lease liabilities $28.3 $43.7 
 As at
 February 28, 2026February 28, 2025
Weighted average remaining lease term
Operating leases2.9 years3.2 years
Weighted average discount rate
Operating lease4.5 %4.2 %
Maturities of undiscounted lease liabilities were as follows:
 As at
February 28, 2026
 Operating Leases
Fiscal year 2027$11.1 
Fiscal year 202812.2 
Fiscal year 20293.6 
Fiscal year 20302.2 
Fiscal year 20311.9 
Thereafter 0.9 
Total future minimum lease payments 31.9 
Less:
Imputed interest(3.6)
Total $28.3