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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2015
Feb. 28, 2015
Current Assets:    
Cash and cash equivalents $ 2,502,714 $ 2,562,782
Marketable Securities 1,630,185 1,652,485
Accounts receivable (less allowance of $43,000 and $43,047 at November 30 and February 28, respectively) 959,759 1,029,250
Inventories, net 2,393,969 2,059,177
Prepaid expenses and other current assets 64,905 94,487
Total current assets 7,551,532 7,398,181
Land 250,000 250,000
Buildings, net 1,955,874 2,015,625
Equipment, furnishings and building improvements, net 810,243 661,411
Intangible and other assets, net 175,928 175,412
Deferred tax asset 90,021 90,021
TOTAL ASSETS 10,833,598 10,590,650
Current Liabilities:    
Accounts payable 618,116 584,963
Accrued expenses 633,252 691,937
Customer deposits 358,938 462,168
Current maturities of long term debt 137,642 158,184
Income taxes payable 147,170 229,927
Total current liabilities 1,895,118 2,127,179
Long term debt, less current maturities 1,216,928 1,319,737
Total liabilities $ 3,112,046 $ 3,446,916
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value; 25,000,000 shares authorized, 14,946,274 and 14,933,107 shares issued and outstanding, at November 30 and February 28, respectively $ 149,463 $ 149,331
Additional paid-in capital 8,802,670 8,766,160
Accumulated deficit (1,230,581) (1,771,757)
Total stockholders' equity 7,721,552 7,143,734
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,833,598 $ 10,590,650