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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