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Condensed Consolidated Balance Sheets - USD ($)
Aug. 31, 2016
Feb. 29, 2016
Current Assets:    
Cash and cash equivalents $ 2,676,181 $ 2,388,355
Marketable Securities 1,858,953 1,695,689
Accounts receivable 900,966 1,214,713
Inventories, net 1,849,185 1,945,383
Prepaid expenses and other current assets 60,357 109,954
Deferred tax asset 154,914 154,914
Total current assets 7,500,556 7,509,008
Land 250,000 250,000
Buildings, net 1,907,394 1,939,714
Equipment, furnishings and building improvements, net 758,726 796,788
Intangible and other assets, net 164,588 174,027
TOTAL ASSETS 10,581,264 10,669,537
Current Liabilities:    
Accounts payable 394,253 475,297
Accrued expenses 715,635 746,036
Customer deposits 226,665 201,478
Current maturities of long term debt 137,642 143,388
Income taxes payable 79,458 87,660
Total current liabilities 1,553,653 1,653,859
Deferred tax liability 171,719 171,719
Long term debt, less current maturities 1,111,008 1,176,349
Total liabilities 2,836,380 3,001,927
Commitments and Contingencies
Stockholders' Equity    
Common stock 149,611 149,554
Additional paid-in capital 8,830,951 8,812,224
Accumulated deficit (1,257,910) (1,224,028)
Accumulated other comprehensive loss 22,232 (70,140)
Total stockholders' equity 7,744,884 7,667,610
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,581,264 $ 10,669,537