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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Aug. 31, 2022
Feb. 28, 2022
Current Assets:    
Cash and cash equivalents $ 4,309,057 $ 4,840,558
Marketable securities 6,347,854 5,867,990
Accounts receivable (less allowance of $56,123) 1,977,510 1,092,505
Inventories, net 2,773,834 2,373,242
Prepaid expenses and other current assets 261,753 323,304
Total current assets 15,670,008 14,497,599
Land 250,000 250,000
Buildings, net 1,593,751 1,621,878
Equipment, furnishings and building improvements, net 986,335 939,306
Intangible assets, net 66,583 76,015
Deferred tax asset 229,679 240,736
TOTAL ASSETS 18,796,356 17,625,534
Current Liabilities:    
Accounts payable 967,963 684,511
Accrued expenses 1,499,963 1,804,028
Customer deposits 1,778,752 1,167,968
Income taxes payable 62,576 58,874
Total current liabilities 4,309,254 3,715,381
Deferred tax liability 165,629 168,840
Total liabilities 4,474,883 3,884,221
Stockholders’ Equity    
Common stock, $.01 par value; 25,000,000 shares authorized, 15,734,728 and 15,729,175 shares issued and outstanding, respectively 157,348 157,292
Additional paid-in capital 9,422,632 9,310,287
Accumulated earnings 4,741,493 4,273,734
Total stockholders’ equity 14,321,473 13,741,313
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 18,796,356 $ 17,625,534