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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Nov. 30, 2020
Nov. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 666,169 $ 419,632
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 350,043 290,203
Stock based compensation expense 26,973 81,634
Inventory reserve 54,000 50,000
Deferred tax benefit (89,304)  
Decrease (Increase) in:    
Accounts receivable (744,282) 59,571
Inventories (119,211) (1,370,764)
Prepaid expenses and other current assets 27,071 201,453
(Decrease) Increase in:    
Accounts payable and accrued expenses 193,317 469,026
Customer deposits 133,423 804,268
Income taxes payable 214,725 18,472
Net Cash (Used in) Provided by Operating Activities 712,924 1,023,495
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment and furnishings (327,180) (392,346)
Capital expenditure grant proceeds 100,000
Sale of marketable securities 993,724  
(Purchase) of marketable securities   (1,374,229)
Net Cash Provided by (Used in) Investing Activities 766,544 (1,766,575)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from note payable - bank 1,001,640
Repayment of long term debt (126,650) (121,537)
Net Cash Provided by (Used in) Financing Activities 874,990 (121,537)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,354,458 (864,617)
CASH AND CASH EQUIVALENTS    
Beginning of period 3,659,551 3,144,123
End of period 6,014,009 2,279,506
SUPPLEMENTAL DISCLOSURE:    
Interest paid 20,573 25,465
Taxes Paid $ 74,004 $ 4,831