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Consolidated Balance Sheets - USD ($)
Feb. 28, 2017
Feb. 29, 2016
Current Assets:    
Cash and cash equivalents $ 2,557,223 $ 2,388,355
Marketable Securities 2,342,184 1,695,689
Accounts receivable (less allowance of $46,000) 1,150,801 1,214,713
Inventories, net 1,340,684 1,945,383
Prepaid expenses and other current assets 127,276 109,954
Deferred tax asset 315,171 154,914
Total current assets 7,833,339 7,509,008
Land 250,000 250,000
Buildings, net 1,875,074 1,939,714
Equipment, furnishings and leasehold improvements, net 624,197 796,788
Intangible assets, net 153,326 174,027
TOTAL ASSETS 10,735,936 10,669,537
Current Liabilities:    
Accounts payable 336,561 475,297
Accrued expenses 868,755 746,036
Customer deposits 78,902 201,478
Current maturities of long term debt 149,698 143,388
Income taxes payable 14,619 87,660
Total current liabilities 1,448,535 1,653,859
Deferred tax liability 337,726 171,719
Long term debt, less current maturities 1,026,650 1,176,349
Total liabilities 2,812,911 3,001,927
Commitments and Contingencies
Stockholders' Equity    
Common stock 149,611 149,554
Additional paid-in capital 8,859,486 8,812,224
Accumulated deficit (1,128,322) (1,224,028)
Accumulated other comprehensive income (loss) 42,250 (70,140)
Total stockholders' equity 7,923,025 7,667,610
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,735,936 $ 10,669,537