XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Condensec Consolidated Balance Sheets - USD ($)
Nov. 30, 2022
Feb. 28, 2022
Current Assets:    
Cash and cash equivalents $ 3,176,037 $ 4,840,558
Marketable securities 8,073,293 5,867,990
Accounts receivable (less allowance of $56,123) 1,441,196 1,092,505
Inventories 3,260,411 2,373,242
Prepaid expenses and other current assets 150,631 323,304
Total current assets 16,101,568 14,497,599
Land 250,000 250,000
Buildings, net 1,579,688 1,621,878
Equipment, furnishings and building improvements, net 1,042,927 939,306
Intangible assets, net 61,867 76,015
Deferred tax asset 447,894 240,736
TOTAL ASSETS 19,483,944 17,625,534
Current Liabilities:    
Accounts payable 1,152,679 684,511
Accrued expenses 1,693,311 1,804,028
Customer deposits 1,748,648 1,167,968
Income taxes payable 204,361 58,874
Total current liabilities 4,798,999 3,715,381
Deferred tax liability 197,716 168,840
Total liabilities 4,996,715 3,884,221
Stockholders’ Equity    
Common stock, $.01 par value; 25,000,000 shares authorized, 15,742,073 and 15,729,175 shares issued and outstanding, respectively 157,421 157,292
Additional paid-in capital 9,483,417 9,310,287
Accumulated earnings 4,846,391 4,273,734
Total stockholders’ equity $ 14,487,229 $ 13,741,313