2022 Q4 Form 10-Q Financial Statement

#000155278122000586 Filed on October 18, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $325.3K $321.0K $358.3K
YoY Change -16.17% -10.42% 83.42%
Cost Of Revenue $146.0K $131.0K $127.4K
YoY Change 9.92% 2.79% 116.22%
Gross Profit $179.3K $190.0K $230.9K
YoY Change -29.76% -17.71% 69.26%
Gross Profit Margin 55.11% 59.2% 64.44%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.33K $11.20K $11.30K
YoY Change 0.2% -0.86% 312.23%
% of Gross Profit 6.32% 5.89% 4.89%
Operating Expenses $170.9K $257.4K $231.6K
YoY Change -31.92% 11.17% 12.31%
Operating Profit $8.385K -$67.41K -$664.00
YoY Change 99.03% 10052.26% -99.05%
Interest Expense $8.169K $8.371K $4.574K
YoY Change 93.35% 83.01% -298.01%
% of Operating Profit 97.42%
Other Income/Expense, Net
YoY Change
Pretax Income $1.092K -$75.32K -$9.866K
YoY Change -93.51% 663.45% -86.31%
Income Tax
% Of Pretax Income
Net Earnings $1.092K -$75.32K -$9.866K
YoY Change -93.51% 663.45% -86.31%
Net Earnings / Revenue 0.34% -23.47% -2.75%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 17.16M shares 17.16M shares
Diluted Shares Outstanding 17.16M 17.16M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $561.8K $366.8K $442.1K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $65.99K $58.01K
Other Receivables
Total Short-Term Assets $631.5K $428.1K
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $27.28K $34.85K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $115.3K $130.5K
YoY Change
TOTAL ASSETS
Total Short-Term Assets $631.5K $428.1K
Total Long-Term Assets $115.3K $130.5K
Total Assets $746.8K $558.6K
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $652.7K $495.0K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $976.4K $764.8K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $976.4K $764.8K
Total Long-Term Liabilities
Total Liabilities $1.075M $909.7K
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$824.7K -$825.8K
YoY Change
Common Stock $17.16K $17.16K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$328.5K -$351.1K $32.57K
YoY Change
Total Liabilities & Shareholders Equity $746.8K $558.6K
YoY Change

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $1.092K -$75.32K -$9.866K
YoY Change -93.51% 663.45% -86.31%
Depreciation, Depletion And Amortization $11.33K $11.20K $11.30K
YoY Change 0.2% -0.86% 312.23%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

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-370 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1717 usd
upyy Proceeds From Shareholder Promissory Note
ProceedsFromShareholderPromissoryNote
10000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
25000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
41780 usd
upyy Repayment Of Lease Liabilities
RepaymentOfLeaseLiabilities
-6102 usd
upyy Repayment Of Lease Liabilities
RepaymentOfLeaseLiabilities
-15827 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18898 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
35953 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-53175 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1006 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-789183 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
134161 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1156005 usd
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
307949 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
366822 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
442110 usd
us-gaap Interest Paid Net
InterestPaidNet
16407 usd
us-gaap Interest Paid Net
InterestPaidNet
780 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
-100 usd
upyy Settlement Of Related Party Note Payable
SettlementOfRelatedPartyNotePayable
11747 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_809_eus-gaap--NatureOfOperations_zKR1CS82UZ9g" style="font: 10pt Times New Roman, Times, Serif; text-indent: 20pt; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0"/><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="b005_v1"/><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_827_zlPDoV6M3Oj4">Nature of Operations and Continuance of Business</span></span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">UPAY, Inc. (the “Company”) was incorporated in the State of Nevada on July 8, 2015. By a Share Exchange Agreement dated November 4, 2015, the Company agreed to acquire all of the issued and outstanding shares of Rent Pay (Pty) Ltd (“Rent Pay”), in exchange for 200,000 shares of the Company’s common stock. The acquisition is a capital transaction in substance and therefore has been accounted for as a recapitalization. Rent Pay was incorporated in South Africa on February 1, 2012. Because Rent Pay is deemed to be the acquirer for accounting purposes, the consolidated financial statements are presented as a continuation of Rent Pay and include the results of operations of Rent Pay since incorporation on February 1, 2012, and the results of operations of the Company since the date of acquisition on November 4, 2015. On March 2, 2022, the Company acquired a controlling interest in Miway Finance Inc. (“Miway”), which was determined to be a transaction between entities under common control (Note 3).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rent Pay operates principally in South Africa and engages in software development and licensing and provides services to the credit provider industry.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The recent outbreak of the novel coronavirus COVID-19, which was declared a pandemic by the World Health Organization on March 11, 2020, has led to adverse impacts on the U.S. and global economies, disruptions of financial markets, and created uncertainty regarding potential impacts to the Company’s supply chain, operations, and customer demand. The COVID-19 pandemic has impacted and could further impact the Company’s operations and the operations of the Company’s suppliers and vendors as a result of quarantines, facility closures, and travel and logistics restrictions. The extent to which the COVID-19 pandemic impacts the Company’s business, results of operations and financial condition will depend on future developments, which are highly uncertain and cannot be predicted, including, but not limited to the duration, spread, severity, and impact of the COVID-19 pandemic, the effects of the COVID-19 pandemic on the Company’s customers, suppliers, and vendors and the remedial actions and stimulus measures adopted by local and federal governments, and to what extent normal economic and operating conditions can resume. The management team is closely following the progression of COVID-19 and its potential impact on the Company. Even after the COVID-19 pandemic has subsided, the Company may experience adverse impacts to its business as a result of any economic recession or depression that has occurred or may occur in the future. Therefore, the Company cannot reasonably estimate the impact at this time our business, liquidity, capital resources and financial results.</span></p>
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84D_eus-gaap--UseOfEstimates_zpFeEG5UUtH3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"/><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">c)</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86F_z1aSPWRjXxT5">Use of Estimates</span></span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to useful life and recoverability of long-lived assets, and deferred income tax asset valuations. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</span></p>
CY2022Q3 upyy Accumulated Amortization Right Of Use Assets
AccumulatedAmortizationRightOfUseAssets
-57327 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
48623 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
4494 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1768 usd
CY2023Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1479 usd
CY2024Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1583 usd
upyy Disclosure Summary Of Significant Accounting Policies Details Abstract
DisclosureSummaryOfSignificantAccountingPoliciesDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_88D_ecustom--DisclosureSummaryOfSignificantAccountingPoliciesDetailsAbstract_zZUo4rFpCLxc" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; width: 80%; border-collapse: collapse; margin-right: auto" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details)"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"/> <td id="xdx_49C_20220301__20220831_zORno8tBPJWa" style="font: 10pt Times New Roman, Times, Serif; padding-right: 19.1pt; text-align: justify"/></tr> <tr id="xdx_404_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dt_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--TechnologyEquipmentMember_zAdm5en8onx8" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 60%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Computer equipment</span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 20%; padding-right: 19.1pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3 years</span></td></tr> <tr id="xdx_401_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dt_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--SoftwareAndSoftwareDevelopmentCostsMember_zMdI8llPKGm4" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Computer software</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 19.1pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5 years</span></td></tr> <tr id="xdx_40E_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dt_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zkSfVKO1MNu3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Office equipment</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 19.1pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5 years</span></td></tr> <tr id="xdx_40B_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dt_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zJvG7kRHIa2l" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Furniture and fixtures</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 19.1pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6 years</span></td></tr> </table>
upyy Disclosure Summary Of Significant Accounting Policies Details2 Abstract
DisclosureSummaryOfSignificantAccountingPoliciesDetails2Abstract
<table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--DisclosureSummaryOfSignificantAccountingPoliciesDetails2Abstract_zTNB5UgiyWFe" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; width: 80%; border-collapse: collapse; margin-right: auto" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 2)"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"/> <td id="xdx_499_20220301__20220831_z1j9ZgKdUVB2" style="font: 10pt Times New Roman, Times, Serif; padding-right: 19.1pt; text-align: justify"/></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 60%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Right-of-use building</span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 20%; padding-right: 19.1pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Term of lease</span></td></tr> <tr id="xdx_407_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dt_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zZjsolLmxzO4" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Right-of-use vehicles</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-right: 19.1pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5 years</span></td></tr> </table>
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
66145 usd
upyy Rent Expense
RentExpense
8914 usd
upyy Rent Expense
RentExpense
4385 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
4986 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
14238 usd
upyy Disclosure Acquisition Of Miway Finance Inc Details Abstract
DisclosureAcquisitionOfMiwayFinanceIncDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_882_ecustom--DisclosureAcquisitionOfMiwayFinanceIncDetailsAbstract_zbmb9caqpxsd" style="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 97%; margin-left: 17.3pt" summary="xdx: Disclosure - Acquisition of Miway Finance Inc. (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_49A_20220302__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--EquityMethodInvesteeMember_zB1u9PBoZSu9" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">March 2,<br/> 2022<br/> $</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_406_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther_iI_maBCRIAzk6o_zPONRVyiSw2a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 87%; text-align: left; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Due from related party</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">3,700</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_408_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable_iNI_di_msBCRIAzk6o_zApchxeiqLYc" style="vertical-align: bottom; background-color: White"> <td style="border-bottom: Black 1pt solid; text-align: left; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Accounts payable</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(560</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr id="xdx_40F_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_iTI_mtBCRIAzk6o_zCcrE7fHpLEc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="border-bottom: Black 2.5pt solid; text-align: left; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Net assets assumed</span></td><td style="border-bottom: Black 2.5pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 2.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">3,140</span></td><td style="border-bottom: Black 2.5pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table>
upyy Disclosure Property And Equipment Net Details Abstract
DisclosurePropertyAndEquipmentNetDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_88E_ecustom--DisclosurePropertyAndEquipmentNetDetailsAbstract_zHPeLNqIQ6qj" style="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 97%; margin-left: 17.3pt" summary="xdx: Disclosure - Property and Equipment, Net (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_486_eus-gaap--PropertyPlantAndEquipmentGross_iE_z6I1nhCgu4Fd" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Cost</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_48D_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNE_di_zsWOBArV9ySf" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Accumulated<br/> Depreciation</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_48F_eus-gaap--PropertyPlantAndEquipmentNet_iE_z54on2AyZqD" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">August 31,<br/> 2022<br/> Net Carrying Value</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_483_eus-gaap--PropertyPlantAndEquipmentNet_iS_zHgZBKzAVq74" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">February 28,<br/> 2022<br/> Net Carrying Value</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_41A_20220301__20220831__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zljgJweH7yZ2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: justify; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Computer equipment</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">10,920</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(7,456</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">3,464</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">4,138</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_418_20220301__20220831__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--SoftwareAndSoftwareDevelopmentCostsMember_zschGACYGvLa" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Computer software</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">206,000</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">(177,955</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">28,045</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">48,645</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_416_20220301__20220831__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zXfgEdqnqPC4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Furniture and fixtures</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">9,512</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">(7,431</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">2,081</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">3,167</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_412_20220301__20220831__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zJk429n9s4Ca" style="vertical-align: bottom; background-color: White"> <td style="border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Office equipment</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">4,652</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(3,393</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">1,259</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">1,579</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_41D_20220301__20220831_zSwdeFxbJ8Pa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Total</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">231,084</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(196,235</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">34,849</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">57,529</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table>
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
231084 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
196235 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34849 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57529 usd
us-gaap Depreciation
Depreciation
22475 usd
us-gaap Depreciation
Depreciation
22538 usd
upyy Disclosure Rightofuse Assets Net Details Abstract
DisclosureRightofuseAssetsNetDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_886_ecustom--DisclosureRightofuseAssetsNetDetailsAbstract_zXKE0BwOIv7i" style="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 97%; margin-left: 17.3pt" summary="xdx: Disclosure - Right-Of-Use Assets, Net (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_480_ecustom--LeaseCosts_iE_zKzGDxjo3O4g" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Cost</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_486_ecustom--AccumulatedAmortizationRightOfUseAssets_iE_zuuvL2kT1lqh" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Accumulated<br/> Amortization</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_48B_eus-gaap--OperatingLeaseRightOfUseAsset_iE_z4DkmkR2CEm9" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">August 31,<br/> 2022<br/> Net Carrying Value</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_48E_eus-gaap--OperatingLeaseRightOfUseAsset_iS_z4RGKUSFG3S" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">February 28,<br/> 2022<br/> Net Carrying Value</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_41C_20220301__20220831__us-gaap--PropertySubjectToOrAvailableForOperatingLeaseAxis__custom--OfficeSpaceLeaseMember_zwuIBvafuy66" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Right-of-use building (operating lease)</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">59,546</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(19,571</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">39,975</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">51,501</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_41E_20220301__20220831__us-gaap--PropertySubjectToOrAvailableForOperatingLeaseAxis__custom--VehicleLeaseMember_z7Iy8CpTpGT4" style="vertical-align: bottom; background-color: White"> <td style="border-bottom: Black 1pt solid; text-align: left; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Right-of-use vehicles (finance lease)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">46,404</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(37,756</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">8,648</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">14,644</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_417_20220301__20220831_zMiDknG5cPmd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif">Total</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">105,950</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(57,327</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">48,623</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">66,145</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table>
CY2022Q3 upyy Lease Costs
LeaseCosts
105950 usd
CY2021Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1292 usd
CY2022Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1383 usd
upyy Disclosure Lease Liabilities Details Abstract
DisclosureLeaseLiabilitiesDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_888_ecustom--DisclosureLeaseLiabilitiesDetailsAbstract_z5R3cXqWsEjf" style="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 97%; margin-left: 17.3pt" summary="xdx: Disclosure - Lease Liabilities (Details)"> <tr style="vertical-align: bottom"> <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Years ending February 28:</span></td><td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_49C_20220831__us-gaap--PropertySubjectToOrAvailableForOperatingLeaseAxis__custom--OfficeSpaceLeaseMember_z5hgKcOpz2Nh" style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Building<br/> Lease</span></td><td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_492_20220831__us-gaap--PropertySubjectToOrAvailableForOperatingLeaseAxis__custom--VehicleLeaseMember_ze9H1tnOXhuh" style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Vehicle<br/> Leases</span></td><td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" id="xdx_497_20220831_zL3ImJcuHy36" style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Total</span></td><td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40D_eus-gaap--CapitalLeasesFutureMinimumPaymentsDueCurrent_iI_zCPrBv6PSnh6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 61%; text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">2023</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">8,393</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">5,679</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 8%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">14,072</span></td><td style="white-space: nowrap; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40C_eus-gaap--CapitalLeasesFutureMinimumPaymentsDueInTwoYears_iI_z5RW4eg9gXIe" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">2024</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">17,857</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">5,616</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">23,473</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40C_eus-gaap--CapitalLeasesFutureMinimumPaymentsDueInThreeYears_iI_zamdybPnPspb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="border-bottom: Black 1pt solid; text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">2025</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">17,413</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl0669">—</span></span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">17,413</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40A_eus-gaap--CapitalLeasesFutureMinimumPaymentsDue_iI_zNrhLrtK1Kjj" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">Net minimum lease payments</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">43,663</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">11,295</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">54,958</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_408_eus-gaap--CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments_iNI_di_zhoaTEBl0Kwb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="border-bottom: Black 1pt solid; text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">Less: amount representing interest payments</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(3,688</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(682</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(4,370</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr id="xdx_40B_eus-gaap--CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments_iI_zgH5qX2OzVl7" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">Present value of net minimum lease payments</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">39,975</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">10,613</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">50,588</span></td><td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_407_eus-gaap--FinanceLeaseLiabilityCurrent_iNI_di_zwLeA0lYN3Wc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="border-bottom: Black 1pt solid; text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">Less: current portion</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(14,935</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(9,519</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(24,454</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr id="xdx_401_eus-gaap--FinanceLeaseLiabilityNoncurrent_iI_zkvkS7wPoAQg" style="vertical-align: bottom; background-color: White"> <td style="border-bottom: Black 1pt solid; text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">Long-term portion</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">25,040</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">1,094</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">26,134</span></td><td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table>
CY2022Q3 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
14072 usd
CY2022Q3 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
23473 usd
CY2022Q3 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
17413 usd
CY2022Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
54958 usd
CY2022Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
4370 usd
CY2022Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
50588 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
24454 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
26134 usd
upyy Disclosure Concentrations Details Abstract
DisclosureConcentrationsDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureConcentrationsDetailsAbstract_zuzfWHIg1zw9" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto" summary="xdx: Disclosure - Concentrations (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Customer</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td id="xdx_49D_20220301__20220831__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zabGHNVTjZSd" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Six Months<br/> Ended<br/> August 31, 2022</span></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40F_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerOneMember_zufJTdglGW09" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 30%; text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">1</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 10%; text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">22%</span></td></tr> <tr id="xdx_40C_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerTwoMember_zC1WT7DZ12ja" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">2</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">16%</span></td></tr> <tr id="xdx_40E_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerThreeMember_z94vzLyqzzc8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">3</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">12%</span></td></tr> <tr id="xdx_404_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerFourMember_zBfbmys05zKd" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">4</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">10%</span></td></tr> <tr id="xdx_409_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerFiveMember_zkQPlslZeGx3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">5</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">  8%</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Customer</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td id="xdx_49E_20210301__20210831__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z2Ivlci3pCTf" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Six Months<br/> Ended<br/> August 31, 2021</span></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40F_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerOneMember_z2BhpbZyygx6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 30%; text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">1</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 10%; text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">35%</span></td></tr> <tr id="xdx_40C_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerTwoMember_z9svRUzLnRv9" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">2</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">14%</span></td></tr> <tr id="xdx_40E_eus-gaap--ConcentrationRiskPercentage1_dp_hsrt--MajorCustomersAxis__custom--CustomerThreeMember_zAPb8XhIjbZh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">3</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">10%</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s receivables were concentrated among four customers as at August 31, 2022, and February 28, 2022:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; padding-left: 0pt; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Customer</span></td><td style="border-bottom: Black 1pt solid; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td id="xdx_498_20220301__20220831__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zZYFqkBUSTE9" style="border-bottom: Black 1pt solid; padding-left: 0pt; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">August 31,<br/> 2022</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0pt; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="padding-left: 0pt; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40C_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerOneMember_z4zfphiFzH1e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 30%; text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">1</span></td><td style="padding-left: 0pt; width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="padding-left: 0pt; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif">32%</span></td></tr> <tr id="xdx_40D_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerTwoMember_z979TUKGMuHi" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">2</span></td><td style="padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="padding-left: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif">15%</span></td></tr> <tr id="xdx_401_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerThreeMember_zzDLRFfZQ6ua" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">3</span></td><td style="padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="padding-left: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif">  9%</span></td></tr> <tr id="xdx_407_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerFourMember_z3sqPkTJ4TSh" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">4</span></td><td style="padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="padding-left: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif">  5%</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Customer</span></td><td style="border-bottom: Black 1pt solid"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td id="xdx_497_20210301__20220228__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zs1owkvW0aIc" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif">February 28,<br/> 2022</span></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr id="xdx_40C_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerOneMember_zc2XPT5YQXYe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 30%; text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">1</span></td><td style="width: 3%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 10%; text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">22%</span></td></tr> <tr id="xdx_40D_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerTwoMember_zXXOTg4D97Bl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">2</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">15%</span></td></tr> <tr id="xdx_401_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerThreeMember_z7TX1jbipXv6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">3</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">15%</span></td></tr> <tr id="xdx_407_eus-gaap--ConcentrationRiskPercentage1_hsrt--MajorCustomersAxis__custom--CustomerFourMember_zfjozzcEaoMl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">4</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: center; padding-left: 0pt"><span style="font-family: Times New Roman, Times, Serif">10%</span></td></tr> </table>
CY2021Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
51462 usd

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