XML 50 R9.htm IDEA: XBRL DOCUMENT v3.19.1

Property, Plant and Equipment, Net

12 Months Ended

Feb. 28, 2019

Property, Plant and Equipment [Abstract]

Note 3. Property, Plant and Equipment, Net

		As at February 28, 2019
		Cost				Accumulated depreciation				Net book value
Building		$	1,882,665			$	(68,596	)		$	1,814,069
Land			232,699				—				232,699
Building Improvements			383,985				(119,889	)			264,096
Machinery and equipment			3,834,338				(841,236	)			2,993,102
Office equipment and furniture			117,088				(49,791	)			67,297
Outstanding, end of period		$	6,450,775			$	(1,079,512	)		$	5,371,263

		As at February 28, 2018
		Cost				Accumulated depreciation				Net book value
Building		$	1,935,423			$	(6,009	)		$	1,929,414
Land			239,239				—				239,239
Building Improvements			377,253				(225,298	)			151,955
Machinery and equipment			2,189,195				(536,222	)			1,652,973
Office equipment and furniture			101,756				(38,434	)			63,322
Outstanding, end of period		$	4,842,866			$	(805,963	)		$	4,036,903

Depreciation expense is recorded as an operating expense in the consolidated statements of operations and comprehensive loss and amounted to $443,146 for the year ended February 28, 2019 (2018 - $303,597; 2017 - $333,866).

In conjunction with the purchase of the building during the year ended February 28, 2017 in which the Company previously was a tenant, the Company performed a review of the useful lives of its property, plant and equipment. Building improvements, previously classified as leasehold improvements, have had their useful lives adjusted to 5 years from 3 years. During the year ended February 28, 2018, the Company recorded an adjustment of $8,000 to reflect the deceleration of the depreciation.

X

- References

No definition available.

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration