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Buildings, Equipment, Furnishings and Leasehold Improvements
12 Months Ended
Feb. 28, 2017
Property, Plant and Equipment [Abstract]  
Buildings, Equipment, Furnishings and Leasehold Improvements

NOTE 6: BUILDINGS, EQUIPMENT, FURNISHINGS AND LEASEHOLD IMPROVEMENTS

 

Equipment, furnishings and leasehold improvements consist of the following:

 

   February 28,   February 29, 
   2017   2016 
Buildings  $2,250,000   $2,250,000 
Laboratory equipment   1,012,824    872,836 
Machinery and equipment   858,694    857,994 
Leasehold improvements   369,433    368,572 
Tradeshow and demonstration equipment   1,072,425    1,037,830 
Furniture and fixtures   907,428    891,443 
Totals   6,470,804    6,278,675 
Less: Accumulated depreciation   (3,971,533)   (3,542,173)
   $2,499,271   $2,736,502 

 

Depreciation expense for the years ended February 28, 2017 and February 29, 2016 was $429,360 and $465,432, respectively.