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Consolidated Balance Sheets (USD $)
May 31, 2013
Feb. 28, 2013
Current Assets    
Cash and cash equivalents      
Accounts receivable, net 32,598 131,295
Notes receivable current portion 49,264 49,264
Inventories 846,569 751,524
Inventory deposits 795,092 142,200
Deferred financing costs current portion 28,445 46,625
Prepaid expenses 918,075 73,471
Total Current Assets 2,670,043 1,194,379
Property and Equipment, net 293,269 320,579
Other Assets    
Notes receivable net of current portion 96,853 106,113
Deferred financing costs net of current portion 0 4,778
Intellectual property 1,802,210 1,802,210
Website development costs, net 2,353 4,117
Deposits 18,198 18,198
Total Other Assets 1,919,614 1,935,416
TOTAL ASSETS 4,882,926 3,450,374
Current Liabilities    
Accounts payable 1,295,850 2,434,147
Accrued expenses 1,173,112 880,957
Customer deposits 223,043 234,413
Warranty reserve 115,477 150,629
Notes payable 1,621,263 2,068,350
Total Current Liabilities 4,428,745 5,768,496
Long-Term Liabilities    
Due to factor-related party 212,931 235,040
Notes payable related parties 597,384 690,000
Notes Payable 3,014,652 160,000
Total Long-term Liabilities 3,824,967 1,085,040
TOTAL LIABILITIES 8,253,712 6,853,536
Stockholders Equity (Deficit)    
Preferred stock, par $0.001, 5,000,000 shares authorized, 1,428,571 Series A shares issued and outstanding 1,429 1,429
Common stock, par $0.001, 100,000,000 shares authorized, 29,171,042 and 28,392,827 shares issued and outstanding, respectively 29,172 28,394
Stock warrants 5,986,850 4,273,130
Additional paid in capital 14,011,355 14,070,918
Accumulated other comprehensive income (loss) 57,977 61,127
Accumulated deficit (23,457,569) (21,838,160)
Total Stockholders Equity (Deficit) (3,370,786) (3,403,162)
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT) $ 4,882,926 $ 3,450,374