Inventories

6 Months Ended

Aug. 31, 2015

Inventories [Abstract]

INVENTORIES

4. INVENTORIES

As of August 31, 2015, inventories consist of the following:

	Gross		Reserve			Net
Raw Materials	$	2,022,000	$	(472,000	)	$	1,550,000
Work-In-Process		3,708,000		(1,668,000	)		2,040,000
Finished Goods		1,079,000		(769,000	)		310,000
Totals	$	6,809,000	$	(2,909,000	)	$	3,900,000

As of February 28, 2015, inventories consist of the following:

	Gross		Reserve			Net
Raw Materials	$	2,124,000	$	(404,000	)	$	1,720,000
Work-In-Process		3,744,000		(1,624,000	)		2,120,000
Finished Goods		1,077,000		(720,000	)		357,000
Totals	$	6,945,000	$	(2,748,000	)	$	4,197,000