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Interim Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 31, 2022
May 31, 2021
Operating Activities    
Net loss $ (295) $ (745)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation expense 67 63
Amortization of intangible assets 32 32
Provision for doubtful accounts 0 (6)
Provision for inventory reserve 0 15
Gain on disposal of equipment (3) 0
Other 7 4
Changes in working capital items:    
Accounts receivable (683) 886
Inventories 359 83
Prepaid expenses and other assets 93 (41)
Contract assets (792) 513
Employee retention credit refund receivable 185 0
Customer deposits 38 (50)
Accounts payable and accrued liabilities 600 (150)
Net cash (used in) provided by operating activities (392) 604
Investing Activities    
Capital expenditures (3) (23)
Proceeds from disposal of equipment 3 0
Net cash used in investing activities 0 (23)
Financing Activities    
Repayments of long-term debt 0 (14)
Repayments on lease financing (26) (18)
Proceeds from loans with officers and directors 326 0
Net cash provided by (used in) financing activities 300 (32)
Net change in cash and cash equivalents (92) 549
Cash and cash equivalents, beginning of year 245 293
Cash and cash equivalents, end of period $ 153 $ 842