Revenue and Segment Disclosures

12 Months Ended

Feb. 28, 2021

Segment Reporting [Abstract]

Revenue and Segment Disclosures

REVENUE AND SEGMENT DISCLOSURES

Revenue

The Company disaggregates revenue from contracts with customers based on geographical regions, timing of revenue recognition, and the major product and service types as described in Note 1.

The Company’s revenue, classified by major geographic region in which the Company’s customers are located, was as follows:

	For the Years Ended
	February 28, 2021				February 29, 2020				February 28, 2019
North America (1)	$	633	70.9	%	$	743	71.4	%	$	599	66.2	%
Europe, Middle East and Africa	197		22.1	%	221		21.3	%	222		24.6	%
Other regions	63		7.0	%	76		7.3	%	83		9.2	%
Total	$	893	100.0	%	$	1,040	100.0	%	$	904	100.0	%

______________________________

(1) North America includes all revenue from the Company’s intellectual property arrangements, due to the global applicability of the patent portfolio and licensing arrangements thereof.

Total revenue, classified by product and service type (see Note 1), was as follows:

	For the Years Ended
	February 28, 2021		February 29, 2020		February 28, 2019
Software and Services	$	621	$	691	$	559
Licensing and Other	272		349		345
Total	$	893	$	1,040	$	904

Revenue, classified by timing of recognition, was as follows:

	For the Year Ended
	February 28, 2021		February 29, 2020		February 28, 2019
Products and services transferred over time	$	476	$	512	$	488
Products and services transferred at a point in time	417		528		416
Total	$	893	$	1,040	$	904

Revenue contract balances

The following table sets forth the activity in the Company’s revenue contract balances for the fiscal year ended February 28, 2021:

	Accounts Receivable		Deferred Revenue		Deferred Commissions
Opening balance as at February 29, 2020	$	267	$	373	$	28
Increases due to invoicing of new or existing contracts, associated contract acquisition costs, or other	842		574		23
Decrease due to payment, fulfillment of performance obligations, or other	(921)		(653)		(30)
Increase (decrease), net	(79)		(79)		(7)
Closing balance as at February 28, 2021	$	188	$	294	$	21

Transaction price allocated to the remaining performance obligations

The table below discloses the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as at February 28, 2021 and the time frame in which the Company expects to recognize this revenue. The disclosure includes estimates of variable consideration, except when the variable consideration is a sales-based or usage-based royalty promised in exchange for a license of intellectual property.

	As at February 28, 2021
	Less than 12 Months		12 to 24 Months		Thereafter		Total
Remaining performance obligations	$	239	$	62	$	23	$	324

Revenue recognized for performance obligations satisfied in prior periods

For the fiscal year ended February 28, 2021, $2 million in revenue was recognized relating to performance obligations satisfied in a prior period (fiscal year ended February 29, 2020 - $1 million, in revenue recognized relating to performance obligations satisfied in a prior period; fiscal year ended February 28, 2019 - $11 million in revenue recognized relating to the legacy handheld devices business).

Segment Disclosures

The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by the Chief Operating Decision Maker (“CODM”) for making decisions and assessing performance as a source of the Company’s reportable operating segments. The CODM, who is the Executive Chair and CEO, reviews financial information, makes decisions and assesses the performance of the Company as a single operating segment.

Property, plant and equipment, intangible assets, operating lease ROU assets and goodwill, classified by geographic segments in which the Company’s assets are located, were as follows:

	As at
	February 28, 2021				February 29, 2020
	Property, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and Goodwill		Total Assets		Property, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and Goodwill		Total Assets
Canada	$	289	$	504	$	374	$	657
United States	1,411		1,963		2,132		3,071
Other	31		351		40		160
	$	1,731	$	2,818	$	2,546	$	3,888

Information About Major Customers

There was one customer that comprised 22% of the Company’s revenue in fiscal 2021 (fiscal 2020 - one customer that comprised 13%; fiscal 2019 - one customer that comprised more than 10%).