Stock Based Compensation (Tables)

12 Months Ended

Feb. 28, 2021

Notes to Financial Statements

Summary of stock options

						Weighted Average
	Stock Options					Exercise Price $					Remaining
	Outstanding			Exercisable		Outstanding			Exercisable		Term
Balance - February 28, 2019		588,000			171,000	$	1.10		$	0.85
Granted		237,500					2.55
Exercised		(231,333	)				(0.88	)
Cancelled		(2,500	)				(1.17	)
Balance - February 29, 2020		591,667			339,250	$	1.77		$	2.03
Granted		80,500				$	4.05
Exercised		(161,208	)				(1.05	)
Cancelled		(2,500	)				(2.55	)
Balance - February 28, 2021		508,459			333,500	$	2.35		$	2.17		6 Years

Weighted-average Black-Scholes assumptions

	Fiscal Year Ended
	February 28, 2021		February 29, 2020
Expected life		5 - 8 years		1 - 8 years
Risk free interest rate		0.46% - 0.78%		1.58% - 2.05%
Expected volatility		48.88% - 58.63%		27.46% - 32.24%
Expected dividend yield		0%		0%