Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 28, 2019

Working Capital and Liquid Asset Position

The Company’s working capital and liquid asset position is presented as follows:

	February 28, 2019		February 28, 2018
Working capital	$	3,354	$	2,762
Liquid assets	$	410	$	261

Schedule Of Revenue Recognized

For the fiscal year ended February 28, 2019, revenue recognized by division of the Company is as follows (in thousands):

Simulation and training (including video walls)	$	5,406
Cyber security		5,459
Data displays		2,533
Other computer products (keyboards)		1,436
Broadcast and control centers		189
Total revenue	$	15,023

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 (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			—		—

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, 2019	$	19	$	—	$	(3	)	$	16
February 28, 2018	$	20	$	—	$	(1	)	$	19

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 2019 and 2018, (in thousands, except for per share data):

	Net Income (Loss)			Average Shares Outstanding		Net Income (Loss) Per Share
2019
Basic		67			5,879		0.01
Effect of dilution:
Options		—			200		—
Diluted earnings per share		67			6,079		0.01
2018
Basic	$	(2,938	)		5,890	$	(0.50	)
Effect of dilution:
Options		—			—		—
Diluted earnings per share	$	(2,938	)		5,890	$	(0.50	)