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Balance Sheet (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2012
Feb. 29, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 671 $ 985
Treasury bills and certificates of deposit 5,888 6,614
Accounts receivable, less allowance for doubtful accounts of $2 and $95 867 770
Inventories, net (Note 5) 3,940 2,982
Prepaid expenses 123 142
TOTAL CURRENT ASSETS 11,489 11,493
PROPERTY, PLANT AND EQUIPMENT, net 600 671
OTHER ASSETS 27 49
TOTAL ASSETS 12,116 12,213
CURRENT LIABILITIES    
Accounts payable 519 279
Prepetition liabilities 291 1,002
Customer deposits 66 25
Accrued expenses (Note 9) 418 552
TOTAL CURRENT LIABILITIES 1,294 1,858
LONG-TERM LIABILITIES, net of current portion 118 128
TOTAL LIABILITIES 1,412 1,986
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, authorized 500,000 shares, none issued      
Common stock, $.01 par value, authorized 10,000,000 shares, 2,177,832 shares issued and outstanding, net of 273,230 shares of treasury stock as of November 30, 2012. 2,267,775 shares issued and outstanding, net of 173,287 shares of treasury stock as of February 29, 2012 23 23
Additional paid-in capital 2,743 2,736
Retained earnings 8,213 7,468
Less treasury stock (275)   
TOTAL STOCKHOLDERS' EQUITY 10,704 10,227
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,116 $ 12,213