Income Taxes (Tables)

12 Months Ended

Feb. 29, 2020

Income Taxes

Schedule of components of loss before income taxes

	Fiscal year
	2019		2020
Domestic	$	(56,586)	$	(51,795)
Foreign		144		558
Total	$	(56,442)	$	(51,237)

Schedule of significant components of income taxes

	Fiscal year
	2019		2020
Currently payable:
Federal	$	—	$	—
State and Local		—		—
Foreign		55		129
Total currently payable		55		129
Deferred:
Federal		—		—
State and Local		—		—
Foreign		—		—
Total deferred		—		—
Provision (benefit) for income taxes	$	55	$	129

Schedule of reconciliation of income tax expense at the U.S. Federal statutory income tax rate to actual income tax provision

	Fiscal year
	2019		2020
Federal income tax expense at statutory tax rate	21.0	%	21.0	%
State income taxes, net of federal tax benefit	6.0		7.5
Stock‑based compensation	(2.1)		3.9
Transaction costs	0.0		(0.2)
Changes in valuation allowances	(24.8)		(31.4)
Other	(0.2)		(1.0)
Effective Income Tax Rate	(0.1)	%	(0.2)	%

Schedule of significant components of the Company's deferred tax assets and liabilities

	Fiscal year
	2019		2020
Deferred tax assets:
Net operating loss and tax credit carryforwards	$	55,664	$	76,508
Other accruals and reserves		3,529		3,413
Stock‑based compensation		491		561
Deferred rent		1,066		1,280
Interest expense deduction limitation carryforward		742		1,549
Intangibles		19		—
Property, plant & equipment		252		526
Other		139		355
Valuation allowance		(61,902)		(83,640)
Deferred tax assets		—		552
Deferred tax liabilities:
Intangibles		—		(552)
Deferred tax liabilities		—		(552)
Net deferred taxes	$	—	$	—

Schedule of changes in valuation allowance

	Fiscal year
	2019		2020
Balance at the beginning of the period	$	47,908	$	61,902
(Decrease) increase due to NOLs and temporary differences		13,994		16,100
(Decrease) increase due to acquisitions		—		5,638
Balance at the end of the period	$	61,902	$	83,640