Segment Information

12 Months Ended

Feb. 29, 2012

Notes to Financial Statements

Segment Information

NOTE 3: SEGMENT INFORMATION

The Company operates in two segments: ultrasonic spray coating systems, which is the business of developing, manufacturing, selling, installing and servicing ultrasonic spray coating equipment; and real estate operations, which is the business of owning and operating the Sono-Tek Industrial Park.

All inter-company transactions are eliminated in consolidation. For the twelve months ended February 29, 2012, segment information is as follows:

	Twelve Months Ended February 29, 2012
			Rental
	Ultrasonic		Real Estate
	Spraying		Operations			Eliminations			Consolidated
Net Sales	$	11,966,516	$	222,116		$	135,739		$	12,052,893
Rental Expense	$	135,739	$	128,582		$	(135,739	)	$	128,582
Interest Expense	$	4,368	$	113,747					$	118,115
Net Income (Loss)	$	1,403,589	$	(20,213	)				$	1,383,376
Assets	$	6,862,717	$	2,529,389					$	9,392,106
Debt	$	198,920	$	2,035,579					$	2,234,499

The tabular information presented above for fiscal year 2012 has not been presented for the fiscal year 2011. The real estate operations began in January 2011, and the operational results for this period of ownership were deemed immaterial and included net as other income in the financial statements.