• Filing Date: 2018-07-13
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
Note 4 - Property and Equipment, Net
3 Months Ended
May 31, 2018
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
NOTE
4
- PROPERTY AND EQUIPMENT, NET
 
Property and equipment at
May 31, 2018
and
February 28, 2018
consisted of the following:
   
May 31, 2018
   
February 28, 2018
 
Land
  $
513,618
    $
513,618
 
Building
   
4,905,103
     
4,905,103
 
Machinery and equipment
   
10,679,222
     
10,686,631
 
Furniture and fixtures
   
960,836
     
1,067,788
 
Leasehold improvements
   
1,354,550
     
1,568,260
 
Transportation equipment
   
434,091
     
434,091
 
Asset impairment
   
(91,891
)    
(62,891
)
     
18,755,529
     
19,112,600
 
                 
Less accumulated depreciation
   
(12,752,432
)    
(12,946,360
)
Property and equipment, net
  $
6,003,097
    $
6,166,240