Property and Equipment, Net

12 Months Ended

Feb. 28, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net, consists of the following:

	Cost		Accumulated Depreciation			February 28, 2022 Net Carrying Value		February 28, 2021 Net Carrying Value
Computer equipment	$	11,608	$	(7,470	)	$	4,138	$	2,872
Computer software		206,000		(157,355	)		48,645		89,845
Furniture and fixtures		10,482		(7,315	)		3,167		5,117
Office equipment		5,116		(3,537	)		1,579		891
Total	$	233,206	$	(175,677	)	$	57,529	$	98,725

During the year ended February 28, 2022, the Company recorded depreciation expense of $45,129 (2021 - $44,032). During the year ended February 28, 2022, the Company acquired computer equipment of $nil (2021 - $1,820), office equipment of $4,096 (2021 - $2,485) and computer software of $nil (2021 - $1,600).