Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 28, 2018

Working Capital and Liquid Asset Position

Related to these operational results the Company’s working capital and liquid asset position deteriorated during the year ended February 28, 2018 as presented below:

	February 28, 2018		February 28, 2017
Working capital	$	2,762	$	6,408
Liquid assets	$	261	$	503

Financial Assets and Liabilities Measured on Recurring Basis

The following table sets forth our financial assets and liabilities that were accounted for at fair value on a recurring basis as of February 28, 2018 and February 28, 2017 (in thousands):

	February 28,2018			Level 1 Assets and Liabilities			Level 2 Assets and Liabilities		Level 3 Assets and Liabilities
Current trading investments:
Stocks, options, and ETF (long)		291			291			—		—
Stocks, options, and ETF (short)		(5	)		(5	)
Total value of investments		286			286			—		—
Current liabilities:
Margin balance		(106	)		(106	)		—		—
Total value of liabilities		(106	)		(106	)		—		—
Total		180			180			—		—

	February 28,2017			Level 1 Assets and Liabilities			Level 2 Assets and Liabilities		Level 3 Assets and Liabilities
Current trading investments:
Stocks, options, and ETF (long)	$	484		$	484			—		—
Stocks, options, and ETF (short)		(2	)		(2	)
Total value of investments		482			482			—		—
Current liabilities:
Margin balance		(114	)		(114	)		—		—
Total value of liabilities		(114	)		(114	)		—		—
Total	$	368		$	368			—		—

Roll-forward of Allowance for Doubtful Accounts

The following is a roll-forward of the allowance for doubtful accounts (in thousands):

Description	Balance at Beginning of Period		Additions: Charged to Costs and Expenses		Deductions			Balance at End of Period
February 28, 2018	$	20	$	—	$	(1	)	$	19
February 28, 2017	$	16	$	24	$	(20	)	$	20

Reconciliation of Basic Earnings (Loss) Per Share to Diluted Earnings (Loss) Per Share

The following is a reconciliation of basic earnings (loss) per share to diluted earnings (loss) per share for 2018 and 2017, (in thousands, except for per share data):

	Net Income (loss)			Average Shares Outstanding		Net Income(loss) Per Share
2018
Basic		(2,938	)		5,890		(0.50	)
Effect of dilution:
Options		—			—
Diluted earnings per share		(2,938	)		5,890		(0.50	)
2017
Basic	$	(1,006	)		5,891	$	(0.17	)
Effect of dilution:
Options		—					—
Diluted earnings per share	$	(1,006	)		5,891	$	(0.17	)