BUILDINGS, EQUIPMENT, FURNISHINGS AND LEASEHOLD IMPROVEMENTS

12 Months Ended

Feb. 29, 2024

Property, Plant and Equipment [Abstract]

BUILDINGS, EQUIPMENT, FURNISHINGS AND LEASEHOLD IMPROVEMENTS

NOTE 6: BUILDINGS, EQUIPMENT, FURNISHINGS AND LEASEHOLD IMPROVEMENTS

Buildings, equipment, furnishings and leasehold improvements consist of the following:

	February 29,			February 28,
	2024			2023
Buildings	$	2,250,000		$	2,250,000
Laboratory equipment		1,733,911			1,647,951
Machinery and equipment		1,891,345			1,807,817
Leasehold improvements		924,356			789,044
Tradeshow and demonstration equipment		1,151,899			1,137,346
Furniture and fixtures		1,771,084			1,302,545
Totals		9,722,595			8,934,703
Less: Accumulated depreciation		(6,890,439	)		(6,309,707	)
	$	2,832,156		$	2,624,996

Depreciation expense for the years ended February 29, 2024 and February 28, 2023 was $580,732 and $492,055, respectively.