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Revenue and Segment Disclosure (Tables)
 9 Months Ended
Nov. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table shows information by operating segment for the three and nine months ended November 30, 2023 and November 30, 2022:
 For the Three Months Ended
CybersecurityIoTLicensing and OtherSegment Totals
November 30,November 30,November 30,November 30,
20232022202320222023202220232022
Segment revenue$114 $106 $55 $51 $6 $12 $175 $169 
Segment cost of sales37 46 9 10 1 4 47 60 
Segment gross margin (1)
$77 $60 $46 $41 $5 $8 $128 $109 
For the Nine Months Ended
CybersecurityIoTLicensing and OtherSegment Totals
November 30,November 30,November 30,November 30,
20232022202320222023202220232022
Segment revenue$286 $330 $149 $153 $245 $22 $680 $505 
Segment cost of sales110 149 26 27 150 8 286 184 
Segment gross margin (1)
$176 $181 $123 $126 $95 $14 $394 $321 
______________________________
(1) A reconciliation of total segment gross margin to consolidated totals is set forth below.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following table reconciles total segment gross margin for the three and nine months ended November 30, 2023 and November 30, 2022 to the Company’s consolidated totals:
 Three Months EndedNine Months Ended
November 30, 2023November 30, 2022November 30, 2023November 30, 2022
Total segment gross margin$128 $109 394 $321 
Adjustments (1):
Less: Stock compensation1 — 3 2 
Less:
Research & development42 52 146 159 
Selling, marketing and administration 85 89 258 257 
Amortization13 26 42 78 
Impairment of long-lived assets11 — 11 4 
Gain on sale of property, plant and equipment, net— — — (6)
Debentures fair value adjustment(13)(56)3 (112)
Litigation settlement— — — 165 
Investment income (loss), net(5)(2)(15)1 
Consolidated loss before income taxes$(6)$— $(54)$(227)
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(1) The CODM reviews segment information on an adjusted basis, which excludes certain amounts as described below:
Stock compensation expenses - Equity compensation is a non-cash expense and does not impact the ongoing operating decisions taken by the Company’s management.
Revenue from External Customers by Geographic Areas
The Company’s revenue, classified by major geographic region in which the Company’s customers are located, was as follows:
 Three Months EndedNine Months Ended
 November 30, 2023November 30, 2022November 30, 2023November 30, 2022
North America (1)
$77 $92 $466 $266 
Europe, Middle East and Africa50 55 126 176 
Other regions48 22 88 63 
Total $175 $169 $680 $505 
North America (1)
44.0 %54.5 %68.5 %52.7 %
Europe, Middle East and Africa28.6 %32.5 %18.6 %34.9 %
Other regions27.4 %13.0 %12.9 %12.4 %
Total 100.0 %100.0 %100.0 %100.0 %
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(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.
Revenue Classified by Timing of Recognition
Revenue, classified by timing of recognition, was as follows:
 Three Months Ended Nine Months Ended
November 30, 2023November 30, 2022November 30, 2023November 30, 2022
Products and services transferred over time$80 $88 $245 $281 
Products and services transferred at a point in time95 81 435 224 
Total$175 $169 $680 $505 
Revenue Contract Balances
The following table sets forth the activity in the Company’s revenue contract balances for the nine months ended November 30, 2023:
Accounts and Other ReceivableDeferred RevenueDeferred Commissions
Opening balance as at February 28, 2023$120 $215 $17 
Increases due to invoicing of new or existing contracts, associated contract acquisition costs, or other722 428 24 
Decrease due to payment, fulfillment of performance obligations, or other(604)(441)(20)
Increase (decrease), net118 (13)4 
Closing balance as at November 30, 2023$238 $202 $21 
Transaction Price Allocated to the Remaining Performance Obligation
The table below discloses the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as at November 30, 2023 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.
The disclosure excludes estimates of variable consideration relating to future royalty revenues from the patent sale to Malikie, which have been constrained based on the Company’s accounting policies and critical accounting estimates as described in Note 1 and under “Patent Sale” in this Note 11.
As at November 30, 2023
Less than 12 Months12 to 24 MonthsThereafterTotal
Remaining performance obligations$183 $9 $10 $202 
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
Property, plant and equipment, intangible assets, operating lease ROU assets and goodwill, classified by geographic region in which the Company’s assets are located, were as follows:
 As at
 November 30, 2023February 28, 2023
Property, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and GoodwillTotal AssetsProperty, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and GoodwillTotal Assets
Canada$83 $357 $98 $375 
United States711 936 742 1,208 
Other29 107 27 96 
$823 $1,400 $867 $1,679