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BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 28, 2023
Feb. 28, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 1,447 $ 4,088
Short-term investments, held-to-maturity 986 0
Marketable securities 1,895 684
Accounts receivable 784 1,591
Inventories, net 2,415 2,260
Prepaid expenses and other current assets 203 196
TOTAL CURRENT ASSETS 7,730 8,819
Property, plant and equipment, net 7,360 4,926
Construction in progress 0 609
Other assets 14 4
TOTAL ASSETS 15,104 14,358
CURRENT LIABILITIES    
Accounts payable 141 135
Customer deposits 31 24
Finance lease liability 3 9
Mortgage loan, current portion 107 103
Accrued expenses and other current liabilities 907 888
TOTAL CURRENT LIABILITIES 1,189 1,159
Mortgage loan, net of current portion 2,648 2,755
Finance lease liability, net of current portion 0 3
TOTAL LIABILITIES 3,837 3,917
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value, authorized 500,000 shares, none issued 0 0
Common stock, $.01 par value, authorized 10,000,000 shares, 2,083,436 shares outstanding, net of 487,827 treasury shares at February 28, 2023 and 2,083,436 shares outstanding, net of 487,827 treasury shares at February 28, 2022, respectively 21 21
Additional paid-in capital 1,834 1,834
Retained Earnings 10,824 9,998
Less treasury stock (1,412) (1,412)
TOTAL STOCKHOLDERS' EQUITY 11,267 10,441
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 15,104 $ 14,358