Buildings, Equipment, Furnishings and Leasehold Improvements

12 Months Ended

Feb. 29, 2016

Property, Plant and Equipment [Abstract]

Buildings, Equipment, Furnishings and Leasehold Improvements

NOTE 6: BUILDINGS, EQUIPMENT, FURNISHINGS AND LEASEHOLD IMPROVEMENTS

Equipment, furnishings and leasehold improvements consist of the following:

	February 29,			February 28,
	2016			2015
Buildings	$	2,250,000		$	2,250,000
Laboratory equipment		872,836			778,336
Machinery and equipment		857,994			753,279
Leasehold improvements		368,572			308,722
Tradeshow and demonstration equipment		1,037,830			999,758
Furniture and fixtures		891,443			754,103
Totals		6,278,675			5,844,198
Less: Accumulated depreciation		(3,542,173	)		(3,167,162	)
	$	2,736,502		$	2,677,036

Depreciation expense for the years ended February 29, 2016 and February 28, 2015 was $465,432 and $396,576, respectively.