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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Nov. 30, 2023
Feb. 28, 2023
Current Assets:    
Cash and cash equivalents $ 2,981,931 $ 3,354,601
Marketable securities 9,609,444 8,090,000
Accounts receivable (less allowance of $12,225) 1,762,309 1,633,866
Inventories 4,252,550 3,242,909
Prepaid expenses and other current assets 81,785 254,046
Total current assets 18,688,019 16,575,422
Land 250,000 250,000
Buildings, equipment, furnishings and leasehold improvements, net 2,850,100 2,624,996
Intangible assets, net 51,674 57,202
Deferred tax asset 842,010 667,098
TOTAL ASSETS 22,681,803 20,174,718
Current Liabilities:    
Accounts payable 1,504,382 810,863
Accrued expenses 1,720,020 1,427,446
Customer deposits 3,143,009 2,838,165
Income taxes payable 248,152 381,421
Total current liabilities 6,615,563 5,457,895
Deferred tax liability 82,865
Total liabilities 6,615,563 5,540,760
Stockholders’ Equity    
Common stock, $.01 par value; 25,000,000 shares authorized, 15,745,206 and 15,742,073 shares issued and outstanding, respectively 157,452 157,421
Additional paid-in capital 9,714,301 9,566,898
Accumulated earnings 6,194,487 4,909,639
Total stockholders’ equity 16,066,240 14,633,958
 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 22,681,803 $ 20,174,718