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RELATED PARTY TRANSACTIONS

12 Months Ended

Feb. 28, 2022

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

20.         RELATED PARTY TRANSACTIONS

The Group had the following balances and transactions with related parties:

Balances:

​

​	​	​	​	​	​	​
​	​	As of		​	As of
​	​	February 28,		​	February 28,
​		2021			2022
​	​	​	​	​	​	​
Amounts due from related parties-current (i)	​	$	2,964	​	$	919
Amounts due from related parties-non-current (i)	​	​	—	​	$	77
Amounts due to related parties-current (ii)	​	$	3,488	​	$	205

​

Transactions:

​

​	​	​	​	​	​	​	​	​	​
​	​	For the year ended		​	For the year ended		​	For the year ended
​	​	February 29,		​	February 28,		​	February 28,
​		2020			2021			2022
​	​	​	​	​	​	​	​	​	​
Services fees	​	$	6,350	​	$	3,745	​	$	2,948
Other revenue	​	$	4,113	​	$	1,680	​	$	1,295
Purchase of equipment	​	$	120	​	$	804	​	$	581

​

(i) The amounts due from related parties represent loans and prepayments to certain investees for service fees.

In fiscal year 2021 and 2022, the Group recorded $16,087 and $2,135 impairment loss on the amounts due from related parties.

(ii) The amounts due to related parties primarily related to service fees payable to related parties.

X

- References

No definition available.

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X

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-URI http://asc.fasb.org/topic&trid=2122745

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

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