XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Interim Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Operating Activities    
Net loss $ (230) $ (581)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation expense 117 131
Amortization of intangible assets 64 65
Provision for doubtful accounts 0 2
Provision for inventory reserve 0 (96)
Gain on disposal of equipment, net (3) 0
Gain on extinguishment of PPP loans 0 (1,084)
Other 11 7
Changes in working capital items:    
Accounts receivable (546) 144
Inventories 456 483
Prepaid expenses and other assets 157 33
Contract assets (819) 538
Employee retention credit refund receivable 333 0
Contract liabilities 49 (4)
Accounts payable and accrued liabilities 43 178
Net cash provided by (used in) operating activities (368) (184)
Investing Activities    
Capital expenditures (13) (47)
Proceeds from sale of equipment 3 0
Net cash provided by (used in) investing activities (10) (47)
Financing Activities    
Repayments of long-term debt 0 (29)
Repayments on lease financing (52) (38)
Proceeds from loans with officers and directors 426 250
Net cash provided by (used in) financing activities 374 183
Net change in cash and cash equivalents (4) (48)
Cash and cash equivalents, beginning of year 245 293
Cash and cash equivalents, end of period $ 241 $ 245