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Condensed Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2015
Feb. 28, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 446 $ 820
Treasury bills and certificates of deposit 6,710 6,971
Accounts receivable, less allowance for doubtful accounts of $2 931 1,018
Inventories, net (Note 4) 3,900 4,197
Prepaid expenses and other current assets 172 123
TOTAL CURRENT ASSETS 12,159 13,129
PROPERTY, PLANT AND EQUIPMENT, net 471 458
OTHER ASSETS 8 8
TOTAL ASSETS 12,638 13,595
CURRENT LIABILITIES    
Accounts payable - Post-petition 259 425
Customer deposits 24 20
Accrued expenses and other liabilities (Note 7) 542 632
TOTAL CURRENT LIABILITIES 825 1,077
TOTAL LIABILITIES $ 825 $ 1,077
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value, authorized 500,000 shares, none issued
Common stock, $.01 par value, authorized 10,000,000 shares, 2,571,234 and 2,298,004 shares issued and outstanding, net of 273,230 shares of treasury stock as of August 31, 2015 and 2,459,062 and 2,185,832 shares issued and outstanding, net of 273,230 shares of treasury stock as of February 28, 2015, respectively $ 24 $ 23
Additional paid-in capital 2,759 2,749
Accumulated other comprehensive income 15 15
Retained earnings 9,290 10,006
Less treasury stock (275) (275)
TOTAL STOCKHOLDERS' EQUITY 11,813 12,518
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,638 $ 13,595