Buildings, Equipment, Furnishings and Leasehold Improvements

12 Months Ended

Feb. 28, 2021

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 28,			February 29,
	2021			2020
Buildings	$	2,250,000		$	2,250,000
Laboratory equipment		1,399,826			1,418,903
Machinery and equipment		1,548,415			1,400,419
Leasehold improvements		642,671			632,021
Tradeshow and demonstration equipment		1,137,346			1,139,693
Furniture and fixtures		1,156,495			1,088,502
Totals		8,134,753			7,929,538
Less: Accumulated depreciation		(5,484,428	)		(5,062,899	)
	$	2,650,325		$	2,866,639

Depreciation expense for the years ended February 28, 2021 and February 29, 2020 was $427,650 and $390,082, respectively.