XML 18 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Operating Activities    
Net income (loss) $ 67 $ (2,938)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 256 261
Change in provision for doubtful accounts (3) (1)
Change in provision for inventory reserve (540) 500
Deferred rental income (60) (120)
Non-cash charge for share based compensation 18 68
(Gain) loss on disposal of assets (33) 21
Realized/unrealized gain on investments (42) (14)
Changes in working capital items:    
Accounts receivable (1,079) 2,109
Inventories 1,673 953
Prepaid expenses and other assets (390) 181
Accounts payable and accrued liabilities (332) (335)
Customer deposits 426 21
Other liabilities 2 46
Contract liabilities 235  
Net cash provided by operating activities 198 752
Investing Activities    
Capital expenditures (152) (463)
Investment in real estate partnership – related party (Note 9)   (500)
Proceeds from sale of investment in real estate partnership — related party (Note 9) 166 125
Purchases of investments (981) (2,301)
Acquisition of business, net of cash acquired (Note 13)   (100)
Proceeds from sale of equipment 71  
Proceeds from sale of investments 1,309 2,509
Net cash provided by (used in) investing activities 413 (730)
Financing Activities    
Proceeds from related party loans 406  
Repayments of long-term debt (55) (54)
Proceeds from line of credit 647 1,192
Repayments on line of credit (874) (1,202)
Purchase of treasury stock (10) (4)
Payments on marginal float (106) (8)
Repayments of notes payable to officers and directors (290)  
Net cash used in financing activities (282) (76)
Net change in cash and cash equivalents 329 (54)
Cash and cash equivalents, beginning of year 81 135
Cash and cash equivalents, end of year $ 410 $ 81