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Consolidated Balance Sheets (USD $)
May 31, 2012
Feb. 29, 2012
Current Assets:    
Cash and cash equivalents $ 1,851,320 $ 2,531,689
Marketable Securities 654,093 253,987
Accounts receivable (less allowance of $29,000 and $26,000 at May 31 and February 29, respectively) 1,059,403 754,605
Inventories, net 2,532,567 2,559,128
Prepaid expenses and other current assets 117,875 112,392
Total current assets 6,215,258 6,211,801
Land 250,000 250,000
Buildings, net 2,215,297 2,229,650
Equipment, furnishings and leasehold improvements, net 559,680 617,200
Intangible assets, net 105,277 83,455
Deferred tax asset 86,167 86,167
TOTAL ASSETS 9,431,679 9,478,273
Current Liabilities:    
Accounts payable 464,346 552,979
Accrued expenses 646,537 529,732
Customer deposits 271,137 316,246
Current portion of long term debt 122,031 120,303
Income taxes payable 6,384 37,250
Total current liabilities 1,510,435 1,556,510
Long term debt, less current maturities 2,082,607 2,114,196
Total liabilities 3,593,042 3,670,706
Stockholders' Equity    
Common stock, $.01 par value; 25,000,000 shares authorized, 14,467,685 and 14,455,444 shares issued and outstanding, respectively at May 31 and February 29 144,675 144,553
Additional paid-in capital 8,677,477 8,657,629
Accumulated deficit (2,983,515) (2,994,615)
Total stockholders' equity 5,838,637 5,807,567
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,431,679 $ 9,478,273