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Financial Information

Fiscal year ends 2/28 | Values in USD

 

 

2020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Revenues
Total Revenue9,131,2901,473,040453,54014,05014,56014,2600
Cost of Revenue8,165,5401,130,020434,7206,3206,5506,9100
Gross Profit965,750343,02018,8207,7308,0107,3500
Operating Expenses
Research and Development390,290000000
Sales, General and Admin3,634,6002,820,5801,653,67021,07020,80083,12020,000
Non-Recurring Items0000000
Other9,85387,159114,72814,6386,00180,1360
Total Expenses4,040,5503,230,7201,768,39021,07020,80083,12020,000
Operating Income-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-3,000,090-2,912,880-1,751,120-13,750-13,130-76,030-10,000
Interest Expense-24,10032,5402744133432640
Income Tax0000000
Non-Recurring Events
Net Income-3,004,370-2,912,880-1,751,120-13,750-13,130-76,030-10,000
Key Financial Ratios
Earnings Per Share-0.11623-0.11763-0.14929-0.00534-0.00514-0.0317-0.00444

 

2020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Revenues
Total Revenue1,583,4613,621,0542,742,9303,465,8202,692,7302,039,480933,270689,200524,43080,000180,000220,000160,00060,00010,000000000000000
Cost of Revenue928,4513,362,6632,448,5003,225,8702,255,2701,832,750851,640490,520435,44050,000150,000180,000130,000120,00010,000000000000000
Gross Profit655,010258,391294,430239,950437,460206,73081,630198,68088,99020,00030,00040,00040,000-60,00010,000000000000000
Operating Expenses
Research and Development-100,083123,534103,610390,29000000000000000000000000
Sales, General and Admin-1,393,511842,977763,720587,9001,000,160977,2901,098,6002,227,730130,730190,000280,000870,000450,000280,00060,00000010,000010,00010,00010,000020,00030,00030,000
Non-Recurring Items000000000000000000000000000
Other15,607186,46124,122-29,35011,85511,32711,0181,481-37,11360,50462,28750,14550,00013,0331,5503,0503,0502,5370-7,4092,5504,4936,36718,44216,05019,08326,561
Total Expenses-1,498,8101,152,972869,770950,8201,002,230978,8301,108,6802,165,580517,440220,000330,000920,000500,000290,00050,00010,00010,00010,00010,00010,00010,00010,00010,00010,00020,00030,00030,000
Operating Income-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 Taxes0-961,594-578,050-724,230-496,690-766,550-1,012,630-1,976,550-422,670-220,000-290,000-880,000-470,000-350,000-50,000000-10,000000-10,0000-20,000-30,000-30,000
Interest Expense0113,155-19,606-616145-1664,8199,3339,3538,8814,9732740-3535102103-13509788896965397486
Income Tax0-5710000000000000000000000000
Non-Recurring Events
Net Income0-961,023-578,080-724,230-496,690-766,550-1,012,630-1,976,550-422,670-220,000-290,000-880,000-470,000-350,000-50,000000-10,000000-10,0000-20,000-30,000-30,000
Key Financial Ratios
Earnings Per Share0-0.03-0.01706-0.02802-0.01922-0.0297-0.03991-0.04308-0.02344-0.01196-0.01652-0.05084-0.02776-0.03514-0.00417000-0.00388000-0.0040-0.008-0.01282-0.01333

 

2020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Assets
Current Assets
Cash and Cash Equivalents102,9191,337,24510,5511,3162,1541,0302,446
Short Term Investments0000000
Net Receivables3,262,438519,117301,7431,673000
Inventory0000000
Other Current Assets0000000
Total Current Assets5,848,7684,427,086352,8282,9892,1541,0308,696
Long Term Assets
Long Term Investments0000000
Property Plant and Equipment28,01010,6061,5940000
Goodwill0000000
Intangible Assets0085,4170000
Other Assets0000000
Deferred Long Term Asset Charges0000000
Total Assets5,876,7784,437,692439,8392,9892,1541,0308,696
Liabilities
Current Liabilities
Accounts Payable2,703,7541,239,280107,08226,89412,31023,0530
Short Term and Current Long Term Debt0000000
Other Liabilities0000000
Total Current Liabilities5,098,5423,415,660492,48054,39439,81040,55322,537
Long Term Liabilities
Long Term Debt1,066,000436,00050,00027,500000
Other Liabilities0000000
Total Liabilities6,171,2133,851,660542,48054,39439,81040,55322,537
Stockholders' Equity
Common Stock2,5852,4761,7431,0311,0311,001900
Retained Earnings-7,826,754-4,822,389-1,909,514-117,655-103,906-90,773-14,741
Other Stockholder Equity0000000
Total Stockholder Equity-298,618586,032-102,641-51,405-37,656-39,523-13,841
Total Liabilities and Stockholders' Equity6,171,2133,851,660542,48054,39439,81040,55322,537

 

2020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Assets
Current Assets
Cash and Cash Equivalents989,103419,707154,911102,919643,346553,187151,6221,337,245685,19318,6779,50810,551436,531864,54911,31601494742,1545411,6521,1671,0301,18710,5203,004
Short Term Investments000000000000000000000000000
Net Receivables4,044,1244,352,4452,253,0063,262,4382,340,2001,760,395779,633519,117666,398429,001383,209301,743200,305103,46801,67301,656002,1271,22200000
Inventory1,3808030000000000000000000000000
Other Current Assets000000000000000000000000000
Total Current Assets5,034,6078,802,1825,912,1255,848,7686,375,5066,005,9864,988,8044,427,0863,942,662925,700793,298352,828650,685997,65012,98901,8054742,1542,6682,8741,1671,0301,18710,5203,004
Long Term Assets
Long Term Investments000000000000000000000000000
Property Plant and Equipment0260,06630,65128,01038,52745,43051,53310,60611,2571,4201,5071,5941,68100000000000000
Goodwill000000000000000000000000000
Intangible Assets169,49200000000035,41785,417135,417185,4170000000000000
Other Assets4,213,14500000000000000000000000000
Deferred Long Term Asset Charges000000000000000000000000000
Total Assets9,417,2449,062,2485,942,7765,876,7786,414,0336,051,4165,040,3374,437,6923,953,919927,120830,222439,839787,7831,183,06712,98901,8054742,1542,6682,8741,1671,0301,18710,5203,004
Liabilities
Current Liabilities
Accounts Payable3,090,2612,458,5482,532,2732,703,7542,581,6062,896,4171,965,0811,239,2801,472,953744,638493,530107,082111,462168,933026,89420,00020,66716,86312,31015,21510,86822,68223,05319,67424,62921,965
Short Term and Current Long Term Debt1,000,00000000000000000030,0000000000000
Other Liabilities000000000000000000000000000
Total Current Liabilities4,090,2619,417,9275,481,5615,098,5425,892,1795,140,9793,610,0383,415,6603,042,265840,013679,146492,480160,492248,917026,89450,00048,16744,36339,81038,71534,36846,18240,55337,17428,16644,502
Long Term Liabilities
Long Term Debt79,9071,109,3071,066,0001,066,00066,00066,000436,000436,000436,000436,000366,00050,00000027,50000000000000
Other Liabilities000000000000000000000000000
Total Liabilities9,802,82010,615,1366,547,5616,171,2135,974,8065,233,4994,082,3913,851,6603,478,2651,276,0131,045,146542,480160,492248,917054,39450,00048,16744,36339,81038,71534,36846,18240,55337,17428,16644,502
Stockholders' Equity
Common Stock3,6203,3743,3892,5852,5852,5812,5372,4761,8501,7761,7711,7431,7271,6122581,03101,0311,0311,0311,0311,0311,0011,0011,0011,001900
Retained Earnings0-9,365,854-8,404,831-7,826,754-7,098,730-6,602,037-5,835,500-4,822,389-2,845,836-2,408,266-2,201,798-1,909,514-1,029,582-563,723-114,808-117,655-110,000-112,612-110,139-103,906-102,297-97,744-96,265-90,773-87,237-68,896-42,398
Other Stockholder Equity000000000000000000000000000
Total Stockholder Equity-385,576-1,557,404-608,994-298,618439,227817,917957,946586,032475,654-348,893-214,924-102,641627,291934,1501-51,405-50,000-46,362-43,889-37,656-36,047-31,494-45,015-39,523-35,987-17,646-41,498
Total Liabilities and Stockholders' Equity9,417,24410,615,1366,547,5616,171,2135,974,8065,233,4994,082,3913,851,6603,478,2651,276,0131,045,146542,480160,492248,917054,394048,16744,36339,81038,71534,36846,18240,55337,17428,16644,502

 

2020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Operating Activities
Net Income-3,000,094-2,912,875-1,751,121-13,749-13,133-76,032-14,741
Depreciation6,91887,159114,7280000
Adjustments to Net Income0047,2500000
Changes in Accounts Receivables-2,168,175-197,559-241,456-1,673000
Changes in Inventories0000000
Investing Activities
Capital Expenditures-17,507-11,711-201,7390000
Investments0000000
Total Cash Flow From Investing Activities0000000
Financing Activities
Dividends Paid0000000
Sale/Purchase of Stock00-15,5770000
Total Cash Flow From Financing Activities0000000
Effect of Exchange Rate Changes0000000
Change in Cash and Cash Equivalents0000000

 

2020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Operating Activities
Net Income-2,244,413-960,716-578,051-724,226-496,693-766,549-1,012,626-1,976,553-437,570-206,468-292,284-879,932-465,859-408,1772,847144,645-149,688-2,473-6,233-1,609-4,553-1,479-5,492-3,536-18,341-26,498-27,657
Depreciation53,35112,4262,445-27,28211,85511,32711,0181071,46135,50450,08750,08750,05800000000000000
Adjustments to Net Income000000000000052,326-5,076000000000000
Changes in Accounts Receivables-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-1,38000000000000000000000000000
Investing Activities
Capital Expenditures0-103,661-11,578-1,216-5,038-5,065-6,188-4130000-1,73900000000000000
Investments000000000000000000000000000
Total Cash Flow From Investing Activities000000000000000000000000000
Financing Activities
Dividends Paid000000000000000000000000000
Sale/Purchase of Stock0-15,0000000000000000000000000000
Total Cash Flow From Financing Activities5,226,20700000000000000000000000000
Effect of Exchange Rate Changes000000000000000000000000000
Change in Cash and Cash Equivalents000000000000000000000000000