Accrued Expenses and Warranty Obligations

12 Months Ended

Feb. 28, 2014

Accrued Expenses and Warranty Obligations

Note 7. Accrued Expenses and Warranty Obligations

The following provides a reconciliation of changes in the Company’s warranty reserve for fiscal years 2014 and 2013. The Company provides no other guarantees.

	2014			2013
Balance at beginning of year	$	43		$	43
Provision for current year sales		116			125
Warranty costs incurred		(114	)		(125	)
Balance at end of year	$	45		$	43

Accrued liabilities consisted of the following (in thousands):

	February 28, 2014		February 28, 2013
Accrued compensation and benefits	$	313	$	203
Accrued liability to issue stock		—		168
Accrued warranty		45		43
Accrued professional fees		136		237
Accrued other		431		544
	$	925	$	1,195