Note 6 - Property and Equipment, Net

9 Months Ended

Nov. 30, 2020

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE

6

– PROPERTY AND EQUIPMENT, NET

Property and equipment consists of the following:

	November 30, 2020			February 29, 2020
Land	$	513,618		$	513,618
Building		4,827,807			5,031,395
Machinery and equipment		10,057,880			10,664,396
Furniture and fixtures		797,498			852,557
Leasehold improvements		985,407			1,154,396
Transportation equipment		429,789			440,989
		17,611,999			18,657,351
Less accumulated depreciation		(12,341,913	)		(12,719,338	)
Property and equipment, net	$	5,270,086		$	5,938,013

Depreciation expense related to property and equipment totaled

$189,522

and

$576,128

during the

three

and

nine

months ended

November 30, 2020

compared to

$187,648

and

$585,046

during the

three

and

nine

months ended

November 30, 2019,

respectively.