Stock Options (Tables)

12 Months Ended

Feb. 28, 2019

Information Regarding Stock Option Plans

Information regarding the stock option plans is as follows:

	Number of Options (in thousands)			Average Exercise Price Per Share
Outstanding at February 28, 2017		69		$	3.46
Granted		200			0.82
Forfeited or expired		(69	)		3.46
Outstanding at February 28, 2018		200		$	0.82
Granted		—			—
Forfeited or expired		—			—
Outstanding at February 28, 2019		200		$	0.82
Options exercisable
February 28, 2018		60		$	0.82
February 28, 2019		107		$	0.82

	Options Outstanding			Options Exercisable
Range of Exercise Prices	Number Outstanding at February 28, 2019 (in thousands)	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price	Number Exercisable at February 28, 2019 (in thousands)	Weighted Average Exercise Price
$0.80  –  $1.00	200	7.0	$0.82	107	$0.82

Assumptions Used in Calculating Fair Value and Calculated Weighted Average Value of Units

The fair value assumptions used for the stock options granted in fiscal 2018 were as follows:

Risk-free interest rate		1.50	%
Expected dividend yield		—
Expected volatility		63	%
Expected life in years		7
Service period in years		2
Weighted average calculated value of united granted	$	0.58