v3.26.3
Note 12 - Stockholders' Deficit
6 Months Ended
Aug. 31, 2026
Notes to Financial Statements  
Equity [Text Block]

12. Stockholders' Deficit

 

Common Stock

 

For the period ended August 31, 2026

 

Number of shares

  

Amount

 

Balance, February 28, 2026

  48,337,555  $5 

Issuance of shares upon settlement of restricted stock units

  46,816   - 

Issuance of shares for cash

  428,203   - 

Balance, August 31, 2026

  48,812,574  $5 

 

 

For the period ended August 31, 2025

 

Number of shares

  

Amount

 

Balance, February 28, 2025

  47,620,263  $5 

Issuance of shares upon settlement of restricted stock units

  126,857   - 

Issuance of shares for cash

  116,358   - 

Balance, August 31, 2025

  47,863,478  $5 

 

During the six-months ended August 31, 2026, the Company recorded the following common stock transactions:

 

(i)The Company issued 46,816 shares of common stock to settle restricted stock units that vested in the period.
(ii)The Company issued 428,203 shares of common stock through its ATM Equity Offering program at an average offering price of $1.09 for gross proceed of $466.

 

During the six-months ended August 31, 2025, the Company recorded the following common stock transaction:

 

(i)

The Company issued 126,857 shares of common stock to settle restricted stock units that vested in the period.

(ii)The Company issued 116,358 shares of common stock through its ATM Equity Offering program at an average offering price of $1.66 for gross proceed of $193.