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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2015
Feb. 28, 2015
ASSETS    
Cash and cash equivalents $ 1,866,352 $ 1,514,534
Accounts receivable, net of allowance for doubtful accounts and sales returns of $13,400 837,919 284,121
Related party receivables 35,005 12,601
Inventory, net 1,931,623 1,009,491
Deferred tax assets 201,218 629,838
Prepaid expenses, deposits, and other current assets 170,024 174,052
Total current assets 5,042,141 3,624,637
Property and equipment, net 203,024 162,107
Intangible assets, net 151,343 152,643
Deferred tax assets 611,314 611,314
Other assets 15,651 25,491
Total assets 6,023,473 4,576,192
Current Liabilities:    
Accounts payable and accrued expenses $ 319,343 238,009
Accrued legal and settlement fees 532,103
Customer deposits $ 12,907 119,215
Income taxes payable 277,200  
Capital lease obligation, current portion 11,527 5,639
Total current liabilities 620,977 894,966
Long term Liabilities:    
Capital lease obligation, net of current 20,597 4,081
Total liabilities 641,574 899,047
STOCKHOLDERS' EQUITY    
Preferred stock, 6,000,000 shares authorized, none issued or outstanding 0 0
Common stock $0.001 par value, 50,000,000 shares authorized, 26,352,646 and 25,913,646 issued at November 30, 2015 and February 28, 2015, respectively 26,389 $ 25,914
Less treasury stock at cost, 36,000 and 0 shares at November 30, 2015 and February 28, 2015, respectively (12,280)
Additional paid-in capital 8,815,625 $ 8,457,603
Accumulated deficit (3,447,835) (4,806,372)
Total Stockholders' Equity 5,381,899 3,677,145
Total liabilities and stockholders' equity $ 6,023,473 $ 4,576,192