Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Contract Costs (Tables)

v3.22.0.1
Contract Costs (Tables)
 12 Months Ended
Feb. 28, 2021
Disclosure Of Assets Recognised From Costs To Obtain Or Fulfil Contracts With Customers [Abstract]  
Summary of Capitalised Contract Costs (Net)

 

 

As of

February 28,

2021

 

 

As of

February 29,

2020

 

 

 

US$

 

 

US$

 

Capitalised contract costs (net)

 

 

2,773,611

 

 

 

—

 

 
Summary of Movement in Capitalised Contract Costs

The movement in capitalised contract costs is as follows:

 

 

As of

February 28,

2021

 

 

As of

February 29,

2020

 

 

 

US$

 

 

US$

 

Balance as of beginning of financial year

 

 

—

 

 

 

—

 

Contract costs incurred

 

 

5,350,000

 

 

 

—

 

Amortisation to marketing and sales expenses

 

 

(1,153,831

)

 

 

—

 

Contract costs refunded

 

 

(322,558

)

 

 

—

 

Impairment loss

 

 

(1,100,000

)

 

 

—

 

Balance as of end of financial year

 

 

2,773,611

 

 

 

—