Financial Information

Fiscal year ends 2/28 | Values in USD

 

 

2021-02-282020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Revenues
Total Revenue16,683,5709,131,2901,473,040453,54014,05014,56014,2600
Cost of Revenue15,036,8768,165,5401,130,020434,7206,3206,5506,9100
Gross Profit1,646,694965,750343,02018,8207,7308,0107,3500
Operating Expenses
Research and Development552,343390,290000000
Sales, General and Admin4,887,2743,634,5972,746,6521,653,66621,07020,79783,12115,350
Non-Recurring Items364,1600000000
Other00000000
Total Expenses5,830,8324,031,8032,907,7431,768,39421,07020,79783,12115,350
Operating Income-4,184,138-3,074,800-2,887,700-1,749,570-13,340-12,790-75,770-10,000
Income from Continuing Operations
Earnings Before Interest and Taxes-4,378,074-3,000,090-2,912,880-1,751,120-13,750-13,130-76,030-10,000
Interest Expense273,59424,26032,54027441334326437
Income Tax00000000
Non-Recurring Events
Net Income-4,381,974-3,004,370-2,912,880-1,751,120-13,750-13,130-76,030-10,000
Key Financial Ratios
Earnings Per Share-0.17695114835193-0.11623-0.11763-0.14929-0.00534-0.00514-0.0317-0.00444

 

2021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Revenues
Total Revenue5,386,9145,996,4895,437,9811,583,4613,621,0542,742,9303,465,8202,692,7302,039,480933,270689,200524,43080,000180,000220,000160,00060,00010,000000000000000
Cost of Revenue4,690,0585,376,7924,964,660928,4513,362,6632,448,5003,225,8702,255,2701,832,750851,640490,520435,44050,000150,000180,000130,000120,00010,000000000000000
Gross Profit696,856619,697473,321655,010258,391294,430239,950437,460206,73081,630198,68088,99020,00030,00040,00040,000-60,00010,000000000000000
Operating Expenses
Research and Development-144,549135,429200,476-100,083123,534103,610390,29000000000000000000000000
Sales, General and Admin-1,444,9141,240,7222,235,991994,557893,010763,716587,897990,375967,5071,088,8182,153,799130,732186,177275,944866,649452,702276,9892,194-152,32137,2904,3578,039-4,6716,15611,8337,4794,91020,27128,39629,544
Non-Recurring Items-59,07585,00795,944000000000000000000000000000
Other014,4210000000000000000000000000000
Total Expenses-1,648,5381,475,5792,506,115-1,498,8101,152,972869,771950,9031,002,230978,8341,099,8362,229,212130,819221,681326,031916,794502,702291,5722,194-152,32137,2904,3578,039-4,6716,15611,8337,4794,91020,27128,39629,544
Operating Income-1,387,655-855,882-2,032,794-844-894,581-575,340-710,870-564,770-772,100-1,027,050-1,966,900-428,450-200,000-300,000-880,000-470,000-350,000-50,000000-10,000000-10,0000-20,000-30,000-30,000
Income from Continuing Operations
Earnings Before Interest and Taxes-1,454,617-909,506-2,133,6610-961,594-578,050-724,230-496,690-766,550-1,012,630-1,976,550-422,670-220,000-290,000-880,000-470,000-350,000-50,000000-10,000000-10,0000-20,000-30,000-30,000
Interest Expense-80,24792,56689,18190,86473,94319,60619,4621451664,8199,3339,3538,8814,97300035001041049788896965397486
Income Tax0000-5710000000000000000000000000
Non-Recurring Events
Net Income-1,454,617-911,890-2,134,7210-961,023-578,080-724,230-496,690-766,550-1,012,630-1,976,550-422,670-220,000-290,000-880,000-470,000-350,000-50,000000-10,000000-10,0000-20,000-30,000-30,000
Key Financial Ratios
Earnings Per Share-0.037361201906041-0.02-0.0685649003581640-0.03-0.01706-0.02802-0.01922-0.0297-0.03991-0.04308-0.02344-0.01196-0.01652-0.05084-0.02776-0.03514-0.00417000-0.00388000-0.0040-0.008-0.01282-0.01333

 

2021-02-282020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Assets
Current Assets
Cash and Cash Equivalents850,717102,9191,337,24510,5511,3162,1541,0302,446
Short Term Investments00000000
Net Receivables5,606,0323,262,438519,117301,7431,673000
Inventory1,4010000000
Other Current Assets646,3772,483,4112,570,72440,5340006,250
Total Current Assets7,104,5275,848,7684,427,086352,8282,9892,1541,0308,696
Long Term Assets
Long Term Investments00000000
Property Plant and Equipment75,76728,01010,6061,5940000
Goodwill00000000
Intangible Assets161,2100085,4170000
Other Assets2,179,5500000000
Deferred Long Term Asset Charges00000000
Total Assets7,341,5045,876,7784,437,692439,8392,9892,1541,0308,696
Liabilities
Current Liabilities
Accounts Payable2,473,6362,703,7541,239,280107,08226,89412,31023,0530
Short Term and Current Long Term Debt592,46900027,50027,50017,50022,537
Other Liabilities1,046,1902,394,7882,176,380385,3980000
Total Current Liabilities4,112,2955,098,5423,415,660492,48054,39439,81040,55322,537
Long Term Liabilities
Long Term Debt1,109,3071,066,000436,00050,00027,500000
Other Liabilities00000000
Total Liabilities5,226,5386,171,2133,851,660542,48054,39439,81040,55322,537
Stockholders' Equity
Common Stock3,8902,5852,4761,7431,0311,0311,001900
Retained Earnings-12,208,728-7,826,754-4,822,389-1,909,514-117,655-103,906-90,773-14,741
Other Stockholder Equity14,341,3047,539,3525,408,7891,805,27565,21965,21950,2490
Total Stockholder Equity2,114,966-294,435586,032-102,641-51,405-37,656-39,523-13,841
Total Liabilities and Stockholders' Equity7,341,5045,876,7784,437,692439,8392,9892,1541,0308,696

 

2021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Assets
Current Assets
Cash and Cash Equivalents878,085789,752850,717989,103419,707154,911102,919643,346553,187151,6221,337,245685,19318,6779,50810,551436,531864,54911,31601494742,1545411,6521,1671,0301,18710,5203,004
Short Term Investments000000000000000000000000000000
Net Receivables3,690,1004,201,1365,606,0324,044,1244,352,4452,253,0063,262,4382,340,2001,760,395779,633519,117666,398429,001383,209301,743200,305103,46801,67301,656002,1271,22200000
Inventory2,5852,3681,4011,3808030000000000000000000000000
Other Current Assets03,407,406646,37704,029,2273,504,2082,483,4113,391,9603,692,4044,057,5492,570,7242,591,071478,022400,58140,53413,84929,6330000000000000
Total Current Assets4,570,7708,400,6627,104,5275,034,6078,802,1825,912,1255,848,7686,375,5066,005,9864,988,8044,427,0863,942,662925,700793,298352,828650,685997,65012,98901,8054742,1542,6682,8741,1671,0301,18710,5203,004
Long Term Assets
Long Term Investments000000000000000000000000000000
Property Plant and Equipment19,67459,56575,767125,108260,06630,65128,01038,52745,43051,53310,60611,2571,4201,5071,5941,68100000000000000
Goodwill000000000000000000000000000000
Intangible Assets139,681152,883161,210169,49200000000035,41785,417135,417185,4170000000000000
Other Assets4,809,94702,179,5504,213,1455,157,4630000000000000000000000000
Deferred Long Term Asset Charges000000000000000000000000000000
Total Assets9,380,7178,613,1107,341,5049,417,2449,062,2485,942,7765,876,7786,414,0336,051,4165,040,3374,437,6923,953,919927,120830,222439,839787,7831,183,06712,98901,8054742,1542,6682,8741,1671,0301,18710,5203,004
Liabilities
Current Liabilities
Accounts Payable2,387,4062,303,1622,473,6363,090,2612,458,5482,532,2732,703,7542,581,6062,896,4171,965,0811,239,2801,472,953744,638493,530107,082111,462168,933026,89420,00020,66716,86312,31015,21510,86822,68223,05319,67424,62921,965
Short Term and Current Long Term Debt19,674878,221592,4691,656,7741,654,7070000000000000030,00027,50027,50027,50023,50023,50023,50017,50017,5003,53722,537
Other Liabilities02,866,7771,046,190-656,7745,304,6722,949,2882,394,7883,310,5732,244,5621,644,9572,176,3801,569,31295,375185,616385,39849,03079,9840000000000000
Total Current Liabilities2,407,0806,048,1604,112,2954,090,2619,417,9275,481,5615,098,5425,892,1795,140,9793,610,0383,415,6603,042,265840,013679,146492,480160,492248,917026,89450,00048,16744,36339,81038,71534,36846,18240,55337,17428,16644,502
Long Term Liabilities
Long Term Debt01,109,3071,109,30779,9071,109,3071,066,0001,066,00066,00066,000436,000436,000436,000436,000366,00050,00000027,50000000000000
Other Liabilities1,744,650005,632,65200000000000000000000000000
Total Liabilities4,151,7307,157,4675,226,5389,802,82010,615,1366,547,5616,171,2135,974,8065,233,4994,082,3913,851,6603,478,2651,276,0131,045,146542,480160,492248,917054,39450,00048,16744,36339,81038,71534,36846,18240,55337,17428,16644,502
Stockholders' Equity
Common Stock4,2203,9003,8903,6203,3743,3892,5852,5852,5812,5372,4761,8501,7761,7711,7431,7271,6122581,03101,0311,0311,0311,0311,0311,0011,0011,0011,001900
Retained Earnings-14,576,382-13,120,618-12,208,7280-9,365,854-8,404,831-7,826,754-7,098,730-6,602,037-5,835,500-4,822,389-2,845,836-2,408,266-2,201,798-1,909,514-1,029,582-563,723-114,808-117,655-110,000-112,612-110,139-103,906-102,297-97,744-96,265-90,773-87,237-68,896-42,398
Other Stockholder Equity19,687,597014,341,30407,827,1727,808,5417,539,3527,604,8497,474,9096,837,2775,408,7893,321,4202,057,9161,985,3351,805,2751,655,2041,496,261114,55165,21960,00065,21965,21965,21965,21965,21950,24950,24950,24950,2490
Total Stockholder Equity5,228,9871,455,6432,114,966-385,576-1,552,888-604,785-294,435439,227817,917957,946586,032475,654-348,893-214,924-102,641627,291934,1501-51,405-50,000-46,362-43,889-37,656-36,047-31,494-45,015-39,523-35,987-17,646-41,498
Total Liabilities and Stockholders' Equity9,380,7178,613,1107,341,5049,417,2449,062,2485,942,7765,876,7786,414,0336,051,4165,040,3374,437,6923,953,919927,120830,222439,839787,7831,183,06702,98901,8054742,1542,6682,8741,1671,0301,18710,5203,004

 

2021-02-282020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Operating Activities
Net Income-4,381,974-3,004,370-2,912,880-1,751,120-13,750-13,130-76,030-10,000
Depreciation27,0556,91887,159114,7280000
Adjustments to Net Income00047,2500000
Changes in Accounts Receivables-1,437,329-2,168,175-197,559-241,456-1,673000
Changes in Inventories-1,4010000000
Investing Activities
Capital Expenditures-238,485-17,507-11,711-201,7390000
Investments00000000
Total Cash Flow From Investing Activities-221,48900-200,0000000
Financing Activities
Dividends Paid00000000
Sale/Purchase of Stock-15,00000-15,5770000
Total Cash Flow From Financing Activities5,174,6001,830,6522,064,6741,808,423025,00045,31323,437
Effect of Exchange Rate Changes83,30140,665-7,99500000
Change in Cash and Cash Equivalents747,798-1,234,3261,326,694-2,795-8381,124-1,4160

 

2021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Operating Activities
Net Income-1,452,233-909,506-2,134,721-2,244,413-961,023-578,080-724,230-496,690-766,550-1,012,630-1,976,550-422,670-220,000-290,000-880,000-470,000-350,000-50,000144,645-149,688-2,473-10,000-1,609-4,553-1,479-10,000-3,536-20,000-30,000-30,000
Depreciation14,40214,421-44,76653,35112,4262,445-27,28211,85511,32711,0181071,46135,50450,08750,08750,05800000000000000
Adjustments to Net Income000000000000000052,326-5,076000000000000
Changes in Accounts Receivables-1,005,9911,415,203-55,188-1,382,141-1,768,472946,180-706,533-745,592-603,493-112,557113,964-189,852-72,661-49,010-169,391-24,022-49,7161,67300000-905000000
Changes in Inventories-217-967-21-1,38000000000000000000000000000
Investing Activities
Capital Expenditures0-4,4014,4010-103,661-11,578-1,216-5,038-5,065-6,188-4130000-1,73900000000000000
Investments000000000000000000000000000000
Total Cash Flow From Investing Activities-8,2240-3,419-218,070002700000-11,298000-1,73900000000000000
Financing Activities
Dividends Paid000000000000000000000000000000
Sale/Purchase of Stock0000-15,0000000000000000000000000000
Total Cash Flow From Financing Activities1,754,5971,826,694-51,6073,587,0001,377,309261,898919,923-55,7448,756957,717196,1741,230,000142,499496,001200,000159,0001,428,36421,05900004,000015,0006,000013,96300
Effect of Exchange Rate Changes-85,59057,922-30,675102,69527,334-16,05347,9268,306-17,9222,355-40,1120000000000000000000
Change in Cash and Cash Equivalents88,333-60,965-138,386569,396264,79651,992-540,42790,159401,565-1,185,623652,052666,5169,169-1,043-425,980-428,018864,548-1,315103,122-101,955-325-1,6801,613-1,111485137-157-9,3337,516558