XML 61 R48.htm IDEA: XBRL DOCUMENT v3.25.1

Share-Based Payments (Tables)

12 Months Ended

Feb. 28, 2025

Share-Based Payments

Schedule of stock options

		2025								2024
		Number of stock options				Weighted average exercise price				Number of stock options				Weighted average exercise  price
Outstanding, beginning of year			2,772,000			$	5.10				2,542,000			$	5.27
Granted			199,216				2.89				240,000				3.11
Exercised			-				-				(10,000	)			0.80
Forfeited			(200,000	)			0.80				-				-
Expired			-				-				-				-
Outstanding, end of year			2,771,216			$	5.25				2,772,000			$	5.10
Exercisable, end of year			2,040,000			$	6.12				1,810,000			$	6.53

Schedule of options outstanding

				2025								2024
Exercise price				Number of stock options outstanding				Weighted average remaining  life (years)				Number of stock options outstanding				Weighted average remaining life (years)
$	0.80				280,000				0.75				480,000				1.75
$	2.68				972,000				7.75				972,000				8.75
$	2.89				199,216				9.02				-				-
$	3.11				240,000				8.08				240,000				9.08
$	5.25				380,000				2.49				380,000				3.50
$	12.00				700,000				2.54				700,000				3.54
Outstanding, end of year					2,771,216				5.13				2,772,000				5.53
Exercisable, end of year					2,040,000				4.04				1,810,000				4.55

Schedule of assumptions used

		2025				2024
Exercise price		$	2.89			$	3.11
Risk-free interest rate			4.09	%			3.61	%
Expected dividend yield			0	%			0	%
Expected volatility			73	%			73	%
Expected life		7 years				6.5 years

Schedule of restricted stock units

		2025								2024
		Number of units				Weighted average  fair value price				Number of units				Weighted average fair value price
Outstanding, beginning of year			4,368,897			$	6.53				3,888,618			$	7.09
Granted			213,046				2.10				585,364				2.93
Settled			(91,355	)			6.74				(51,963	)			8.66
Forfeited			(23,630	)			4.88				(53,122	)			5.56
Outstanding, end of year			4,466,958			$	6.32				4,368,897			$	6.53
Outstanding vested, end of year			1,761,421			$	5.86				1,635,241			$	6.22

X

- References

No definition available.

+ Details

Name:	loop_ScheduleOfRestrictedStockUnitsTableTextBlock
Namespace Prefix:	loop_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration