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Income Taxes (Tables)

12 Months Ended

Feb. 28, 2017

Income Tax Disclosure [Abstract]

Income tax reconciliation

		February 28, 2017				February 29, 2016
Expected federal income tax		$	64,165			$	252,321
State tax, net of federal			10,002				39,059
Research and development tax credits			(70,827	)			(135,904	)
Overaccrual of prior year taxes			(63,351	)			(67,579	)
Deferred tax expense			(5,080	)			106,826
Permanent timing difference			17,795				—
Other adjustments			27,922				—
Income tax (Benefit) Expense		($	19,374	)		$	194,723

Net deferred tax asset components

		February 28,				February 29,
		2017				2016
Inventory		$	253,500			$	87,000
Allowance for accounts receivable			18,100				18,000
Accrued expenses and other			43,500				50,000
Deferred tax asset - Current			315,100				155,000
Research tax credits			143,000				102,000
Accrued expenses			13,000				15,000
Intangible asset amortization			(30,000	)			(39,000	)
Building and leasehold depreciation			(464,000	)			(250,000	)
Deferred tax liability – Long Term		($	338,000	)		($	172,000	)

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- References

No definition available.

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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