Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

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STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Income Statement [Abstract]    
NET SALES $ 12,293,655 $ 12,247,338
Cost of goods sold 4,724,097 4,644,435
Gross Profit 7,569,558 7,602,903
OPERATING EXPENSES    
Selling, general and administrative 7,767,712 5,942,671
Research and development 237,486 207,282
Depreciation and amortization 300,611 271,566
Total Operating Expenses 8,305,809 6,421,519
Net Operating (Loss)/Profit (736,251) 1,181,384
Non-Operating Expense/(Income)    
Interest expense 1,886 3,412
Loss on foreign currency exchange 41,499 26,204
Other expense and interest income, net (2,937) 9,198
(LOSS)/INCOME BEFORE TAXES (776,699) 1,142,570
Income tax (benefit)/expense (241,700) 359,706
NET (LOSS)/INCOME $ (534,999) $ 782,864
NET (LOSS)/INCOME PER SHARE    
Basic (in dollars per share) $ (0.01) $ 0.02
Diluted (in dollars per share) $ (0.01) $ 0.02
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares) 37,830,581 37,988,954
Diluted (in shares) 37,878,201 37,988,954