Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

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STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Income Statement [Abstract]    
NET SALES $ 12,247,338 $ 11,244,660
Cost of goods sold 4,644,435 4,556,961
Gross Profit 7,602,903 6,687,699
OPERATING EXPENSES    
Selling, general and administrative 5,942,671 4,788,279
Research and development 207,282 468,154
Depreciation and amortization 271,566 283,875
Total Operating Expenses 6,421,519 5,540,308
Net Operating Profit 1,181,384 1,147,391
Non-Operating Expense/(Income)    
Interest expense 3,412 512
Loss on foreign currency exchange 26,204 77,966
Other expense and interest income, net 9,198 (5,623)
INCOME BEFORE TAXES 1,142,570 1,074,536
Income tax expense (359,706) (321,419)
NET INCOME $ 782,864 $ 753,117
NET INCOME PER SHARE    
Basic (in dollars per share) $ 0.02 $ 0.02
Diluted (in dollars per share) $ 0.02 $ 0.02
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares) 37,988,954 37,634,064
Diluted (in shares) 37,988,954 37,634,064