v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 31, 2026
Feb. 28, 2026
Assets    
Cash and cash equivalents $ 1,063 $ 2,356
Accounts receivable and other (Note 3) 699 755
Prepaid expenses (Note 4) 395 495
Total current assets 2,157 3,606
Equity method investments (Note 9) 1,159 1,478
Property, plant and equipment, net (Note 5) 1,657 1,699
Intangible assets, net (Note 6) 1,730 1,776
Total assets 6,703 8,559
Current liabilities    
Accounts payable and accrued liabilities (Note 8) 2,038 1,916
Unearned revenue 323 234
Current portion of long-term debt (Note 11) 807 605
Total current liabilities 3,168 2,755
Due to customer 918 900
Series B Convertible Preferred stock (Note 10) 12,429 12,054
Long-term debt (Note 11) 2,206 2,430
Total liabilities 18,721 18,139
Stockholders’ Deficit    
Common stock par value $0.0001; 250,000,000 shares authorized; 48,380,371 shares issued and outstanding (February 28, 2026 – 48,337,555) (Note 12) 5 5
Additional paid-in capital 196,874 195,934
Accumulated deficit (207,710) (204,326)
Accumulated other comprehensive loss (1,187) (1,193)
Total stockholders’ deficit (12,018) (9,580)
Total liabilities and stockholders’ deficit $ 6,703 $ 8,559