| Lease, Cost [Table Text Block] |
Operating lease liabilities are summarized below:
|
Amount at inception of leases
|
|
$ |
4,069,476 |
|
|
Amount amortized
|
|
|
(1,787,472 |
)
|
|
Balance – February 28, 2022
|
|
$ |
2,282,004 |
|
|
Warehouse and offices
|
|
$ |
2,055,145 |
|
|
Land
|
|
|
218,488 |
|
|
Office equipment
|
|
|
8,371 |
|
|
Balance – February 28, 2022
|
|
$ |
2,282,004 |
|
| |
|
|
|
|
| |
|
|
|
|
|
Lease liability
|
|
$ |
2,282,004 |
|
|
Less: current portion
|
|
|
(311,540 |
)
|
|
Lease liability, non-current
|
|
$ |
1,970,464 |
|
|
Right to use assets – operating leases are summarized below:
| |
|
May 31,
2021
|
|
|
Amount at inception of leases
|
|
$ |
3,891,437 |
|
|
Amount amortized
|
|
|
(1,641,428 |
)
|
|
Balance – May 31, 2021
|
|
$ |
2,250,009 |
|
|
Amount at inception of leases
|
|
$ |
3,848,038 |
|
|
Amount amortized
|
|
|
(1,581,619 |
)
|
|
Balance – May 31, 2021
|
|
$ |
2,266,419 |
|
| |
|
May 31,
2021
|
|
|
Warehouses and offices
|
|
$ |
2,250,009 |
|
|
Lease liability
|
|
$ |
2,266,419 |
|
|
Less: current portion
|
|
|
(287,125 |
)
|
|
Lease liability, non-current
|
|
$ |
1,979,294 |
|
|
| Lessee, Operating Lease, Liability, Maturity [Table Text Block] |
Maturity analysis under these lease agreements is as follows:
|
Twelve months ended February 28, 2023
|
|
$ |
496,066 |
|
|
Twelve months ended February 28, 2024
|
|
|
499,103 |
|
|
Twelve months ended February 28, 2025
|
|
|
512,532 |
|
|
Twelve months ended February 28, 2026
|
|
|
526,358 |
|
|
Twelve months ended February 28, 2027
|
|
|
226,297 |
|
|
Thereafter
|
|
|
799,417 |
|
|
Total
|
|
$ |
3,059,773 |
|
|
Less: Present value discount
|
|
|
(777,769 |
)
|
|
Lease liability
|
|
$ |
2,282,004 |
|
|
Maturity analysis under these lease agreements is as follows:
|
Twelve months ended May 31, 2022
|
|
$ |
458,148 |
|
|
Twelve months ended May 31, 2023
|
|
|
449,071 |
|
|
Twelve months ended May 31, 2024
|
|
|
458,205 |
|
|
Twelve months ended May 31, 2025
|
|
|
471,732 |
|
|
Twelve months ended May 31, 2026
|
|
|
407,415 |
|
|
Thereafter
|
|
|
719,933 |
|
|
Total
|
|
$ |
2,964,504 |
|
|
Less: Present value discount
|
|
|
(698,085 |
)
|
|
Lease liability
|
|
$ |
2,266,419 |
|
|
| Lessee, Operating Lease, Disclosure [Table Text Block] |
Right to use assets – operating leases are summarized below:
| |
|
February 28,
2022
|
|
|
Amount at inception of leases
|
|
$ |
4,112,876 |
|
|
Amount amortized
|
|
|
(1,874,191 |
)
|
|
Balance – February 28, 2022
|
|
$ |
2,238,685 |
|
|
|