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

Deferred income

v3.22.0.1
Deferred income
12 Months Ended
Feb. 28, 2021
Disclosure Of Deferred Income [Abstract]  
Deferred income

16

Deferred income

 

 

 

 

As of

February 28,

2021

 

 

As of

February 29,

2020

 

 

 

US$

 

 

US$

 

Government grants

 

 

75,848

 

 

 

 

 

The Group has been awarded a grant from the Monetary Authority of Singapore (MAS). The grant, received during the financial year, amounted to US$78,463 (SGD107,000) and related to the development of the Kratos platform. The grant, recognised as deferred income, is being amortized over the useful life of the platform.