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Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
May 31, 2014
Feb. 28, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 792 $ 625
Treasury bills and certificates of deposit 6,406 6,261
Accounts receivable, less allowance for doubtful accounts of $2 643 785
Inventories, net (Note 5) 4,317 4,316
Prepaid expenses and other current assets 210 155
TOTAL CURRENT ASSETS 12,368 12,142
PROPERTY, PLANT AND EQUIPMENT, net 521 558
OTHER ASSETS 6 7
TOTAL ASSETS 12,895 12,707
CURRENT LIABILITIES    
Accounts payable - Post-petition 397 307
Accounts payable - Pre-petition    8
Dividend payable 109   
Customer deposits 6 94
Accrued expenses and other liabilities (Note 8) 631 605
TOTAL CURRENT LIABILITIES 1,143 1,014
TOTAL LIABILITIES 1,143 1,014
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value, authorized 500,000 shares, none issued      
Common stock, $.01 par value, authorized 10,000,000 shares, 2,185,832 shares issued and outstanding, net of 273,230 shares of treasury stock at May 31, 2014 and 2,177,832 shares issued and outstanding, net of 273,230 shares of treasury stock at Feb 28, 2014 23 23
Additional paid-in capital 2,749 2,743
Accumulated other comprehensive income 13 14
Retained earnings 9,242 9,188
Less treasury stock (275) (275)
TOTAL STOCKHOLDERS' EQUITY 11,752 11,693
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,895 $ 12,707