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Property and Equipment, Net
6 Months Ended
Aug. 31, 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
   August 31,
2022
Net Carrying Value
   February 28,
2022
Net Carrying Value
 
Computer equipment  $10,920   $(7,456)  $3,464   $4,138 
Computer software   206,000    (177,955)   28,045    48,645 
Furniture and fixtures   9,512    (7,431)   2,081    3,167 
Office equipment   4,652    (3,393)   1,259    1,579 
Total  $231,084   $(196,235)  $34,849   $57,529 

 

During the six months ended August 31, 2022, the Company recorded depreciation expense of $22,475 (2021 - $22,538). During the six months ended August 31, 2022, the Company acquired computer equipment of $1,222 (2021 - $1,027), and office equipment of $nil (2021 - $690).