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Accrued Expenses and Warranty Obligations
12 Months Ended
Feb. 29, 2016
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 2016 and 2015. The Company provides no other guarantees.

 

     2016      2015  

Balance at beginning of year

   $ 23       $ 45   

Provision for current year sales

     37         57   

Warranty costs incurred

     (45      (79
  

 

 

    

 

 

 

Balance at end of year

   $ 15       $ 23   
  

 

 

    

 

 

 

Accrued liabilities consisted of the following (in thousands):

 

     February 29,
2016
     February 28,
2015
 

Accrued compensation and benefits

   $ 199       $ 203   

Accrued customer deposits

     61         107   

Accrued warranty

     15         23   

Accrued professional fees

     214         149   

Accrued other

     127         121   
  

 

 

    

 

 

 
   $ 616       $ 603