10. INCOME TAX	3 Months Ended
May 31, 2017
Income Tax Disclosure [Abstract]
10. INCOME TAX	NOTE 10: INCOME TAX The Company expects its effective tax rate for the 2018 fiscal year to be different from the federal statutory rate due primarily to a change in valuation allowance. We recorded a provision for income taxes of $4,252 for the quarter ended May 31, 2017, related to federal and state taxes, based on the Company's expected annual effective tax rate. Management evaluated the need for a full valuation allowance at the end of the quarter ended May 31, 2017. Management evaluated both positive and negative evidence. The weight of negative factors and level of economic uncertainty in our current business continued to support the conclusion that the realization of our deferred tax assets does not meet the more likely than not standard. Therefore, a full valuation allowance will remain against the net deferred tax assets. Our federal income tax returns are open to audit under the statute of limitations for the fiscal years ended February 2014 through 2017. We are subject to income tax in California and various other state taxing jurisdictions. Our state income tax returns are open to audit under the statute of limitations for the fiscal years ended February 2014 through 2017.

10. INCOME TAX

3 Months Ended

May 31, 2017

NOTE 10: INCOME TAX

The Company expects its effective tax rate for the 2018 fiscal year to be different from the federal statutory rate due primarily to a change in valuation allowance.

We recorded a provision for income taxes of $4,252 for the quarter ended May 31, 2017, related to federal and state taxes, based on the Company's expected annual effective tax rate.

Management evaluated the need for a full valuation allowance at the end of the quarter ended May 31, 2017. Management evaluated both positive and negative evidence. The weight of negative factors and level of economic uncertainty in our current business continued to support the conclusion that the realization of our deferred tax assets does not meet the more likely than not standard. Therefore, a full valuation allowance will remain against the net deferred tax assets.

Our federal income tax returns are open to audit under the statute of limitations for the fiscal years ended February 2014 through 2017. We are subject to income tax in California and various other state taxing jurisdictions. Our state income tax returns are open to audit under the statute of limitations for the fiscal years ended February 2014 through 2017.