Income Taxes (Tables)

9 Months Ended

Nov. 30, 2014

Income Taxes [Abstract]

Summary of deferred tax asset (Liability)

Deferred Tax Asset (Liability):	11/30/14			2/28/14
Current
Allowance for doubtful accounts	$	1,000		$	1,000
Inventory allowance		934,000			930,000
Section 263A capitalized costs		246,000			246,000
Total current deferred tax assets		1,181,000			1,177,000
Valuation allowance		(1,181,000	)		(1,177,000	)
	$	0		$	0
Long-term
Loss carryforwards	$	4,572,000		$	5,309,000
Depreciation		(32,000	)		(46,000	)
Total long-term deferred tax assets		4,540,000			5,263,000
Valuation allowance		(4,540,000	)		(5,263,000	)
	$	0		$	0

Reconciliation of the U.S.federal statutory tax rate to the company's effective tax rate

	11/30/14			2/28/14
U.S. federal statutory rate		34.0	%		34.0	%
Change in valuation allowance		(34.0	)		(34.0	)
Alternative minimum taxes		1.0			1.0
Effective income tax rate		1.0	%		1.0	%