Investor Relation

Financial Information - Summary

Fiscal year ends 2/28 | Values in USD

 

 

2023-02-282022-02-282021-02-282020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Revenues
Total Revenue34,054,20522,927,41516,683,5709,131,2941,473,037453,54314,05414,55814,2591,175
Cost of Revenue31,735,73520,113,29415,036,8768,165,5351,130,021434,7176,3206,5516,906529
Gross Profit2,318,4702,814,1211,646,694965,759343,01618,8267,7348,0077,353646
Operating Expenses
Research and Development797,549923,387552,343390,288000000
Sales, General and Admin7,693,5926,058,1584,887,2743,634,5972,746,6521,653,66621,07020,79783,12115,350
Non-Recurring Items430,291641,917364,160073,93200000
Other63,10357,89427,0556,918848114,7280000
Total Expenses8,984,5357,681,3565,830,8324,031,8032,907,7431,768,39421,07020,79783,12115,350
Operating Income-6,666,065-4,867,235-4,184,138-3,066,044-2,564,727-1,749,568-13,336-12,790-75,768-14,704
Income from Continuing Operations
Earnings Before Interest and Taxes-7,538,837-4,940,548-4,378,074-3,000,094-2,912,875-1,751,121-13,749-13,133-76,032-14,741
Interest Expense566,083170,141273,59424,26032,54027441334326437
Income Tax30576,209384,769127,329-315,6082740000
Non-Recurring Events
Net Income-7,539,142-5,016,757-4,762,843-3,127,423-2,912,875-1,751,121-13,749-13,133-76,032-14,741
Key Financial Ratios
Earnings Per Share-0.17-0.12-0.14-0.12-0.12-0.15-0.0053-0.0051-0.0317-0.0066

 

2023-05-312023-02-282022-11-302022-08-312022-05-312022-02-282021-11-302021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Revenues
Total Revenue12,169,09112,813,19011,402,9354,982,9574,855,1235,642,1135,901,8995,386,9145,996,4895,437,9814,881,6013,621,0542,742,9343,465,8152,692,7342,039,476933,269689,195524,42576,287183,130220,246162,85957,0060-53,68015,5173,6133,4743,9493,3393,6073,6643,5073,5793,5863,587
Cost of Revenue11,506,54212,148,18910,544,3214,565,1734,478,0525,111,6204,934,8244,690,0585,376,7924,964,6604,261,0583,362,6632,448,4953,225,8712,255,2741,832,747851,643490,524435,44451,546152,507181,836125,923119,8920-46,41712,7211,6251,5641,6731,6471,6231,6082,0681,6101,6141,614
Gross Profit662,549665,001858,614417,784377,071530,493967,075696,856619,697473,321620,543258,391294,439239,944437,460206,72981,626198,67188,98124,74130,62338,41036,936-62,8860-7,2632,7961,9881,9102,2761,6921,9842,0561,4391,9691,9721,973
Operating Expenses
Research and Development172,099207,640180,158198,104211,647485,354158,055144,549135,429200,476124,723123,534103,610-390,28800000000000000000000000
Sales, General and Admin1,658,4512,174,4642,459,2311,530,4161,529,4811,332,9461,618,0051,866,4851,240,7222,235,991994,557893,010763,716587,897990,375967,5071,088,8182,153,799130,732186,177275,944866,649452,702276,9892,194-152,32137,2904,3578,039-4,6716,15611,8337,4794,91020,27128,39629,544
Non-Recurring Items0139,69964,012169,38957,191257,536240,29959,07585,00795,944136,960131,2560000073,9320000000000000000000
Other11,50118,44917,01613,46614,17214,35026,49715,19236,99718,54665,4696,59116,6695,41167,7976,40419,186-585335,50450,08750,14550,00014,583350000000000002,419
Total Expenses1,842,0512,540,2522,720,4171,911,3751,812,4912,090,1862,031,0802,084,5111,475,5792,506,1151,301,9741,152,972869,771950,9031,002,230978,8341,099,8362,229,212130,819221,681326,031916,794502,702291,5722,194-152,32137,2904,3578,039-4,6716,15611,8337,4794,91020,27128,39629,544
Operating Income-1,179,502-1,875,251-1,861,803-1,493,591-1,435,420-1,559,693-1,064,005-1,387,655-855,882-2,073,839-681,431-894,581-575,332-710,959-564,770-772,105-1,018,210-2,030,541-41,838-196,940-295,408-878,384-465,766-354,458-2,194145,058-34,494-2,369-6,1296,947-4,464-9,849-5,423-3,471-18,302-26,424-27,571
Income from Continuing Operations
Earnings Before Interest and Taxes-1,264,262-2,034,356-2,521,718-1,538,095-1,444,668-1,539,253-1,037,172-1,454,617-909,506-2,133,661-705,646-960,716-578,051-724,226-496,693-766,549-1,012,626-1,976,553-422,670-206,468-292,284-879,932-465,859-354,4712,847144,645-34,494-2,473-6,233-1,609-4,552-1,479-5,492-3,536-18,341-26,498-27,657
Interest Expense121,451265,876195,73089,64614,831-2,67295580,24792,56689,18190,86473,94319,60619,4621451664,8199,3339,3538,8814,973-3090035-208-1031041049788896965397486
Income Tax3,770,0711,29027443,7748,703-20,5229551,147131,947-2,840158,84080,84136,30129,14467,94284824,00510,70210,2068,8814,97332793130000000000000
Non-Recurring Events
Net Income-5,034,333-2,035,646-2,521,992-1,581,869-1,453,371-1,518,731-1,036,619-1,455,764-911,890-2,134,721-708,153-961,023-578,077-728,497-496,693-766,549-1,012,626-1,976,553-422,670-206,468-292,284-879,932-465,859-354,4712,847144,645-34,494-2,473-6,233-1,609-4,552-1,479-5,492-3,536-18,341-26,498-27,657
Key Financial Ratios
Earnings Per Share-0.0978-0.0462-0.0577-0.037-0.034-0.0372-0.0245-0.0367-0.0234-0.0686-0.0202-0.0284-0.0171-0.0282-0.0192-0.0297-0.0399-0.0798-0.0234-0.0116-0.0167-0.0508-0.0275-0.0356-0.00420.0561-0.0134-0.001-0.0006-0.0006-0.0018-0.0006-0.0022-0.0014-0.0073-0.0113-0.0123

 

2023-02-282022-02-282021-02-282020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Assets
Current Assets
Cash and Cash Equivalents9,240,241461,933850,717102,9191,337,24510,5511,3162,1541,0302,446
Short Term Investments0000000000
Net Receivables2,803,9136,414,4145,606,0323,262,438519,117301,7431,673000
Inventory1,082,6361,4071,4010000000
Other Current Assets4,139,0613,331,342646,37702,570,72440,5340006,250
Total Current Assets17,265,85110,209,0967,104,5275,848,7684,427,086352,8282,9892,1541,0308,696
Long Term Assets
Long Term Investments0000000000
Property Plant and Equipment208,20731,87775,76728,01010,6061,5940000
Goodwill0000000000
Intangible Assets73,066125,932161,2100085,4170000
Other Assets0000001,673000
Deferred Long Term Asset Charges000-1,006,671-370,0000-26,894-12,310-23,0530
Total Assets17,547,12410,366,9057,341,5045,876,7784,437,692439,8392,9892,1541,0308,696
Liabilities
Current Liabilities
Accounts Payable27,3713,588,2892,473,6362,703,7541,239,280107,08226,89412,31023,0530
Short Term and Current Long Term Debt852,9245,069592,4691,006,671370,000027,50027,50017,50022,537
Other Liabilities1,156,2251,685,2971,046,1902,394,7882,176,380385,39826,89412,31023,0530
Total Current Liabilities2,036,5205,278,6554,112,2955,098,5423,415,660492,48054,39439,81040,55322,537
Long Term Liabilities
Long Term Debt2,538,30401,114,2431,072,671436,00050,00027,500000
Other Liabilities0-3,593,3580000-27,500000
Total Liabilities4,574,8245,278,6555,226,5386,171,2133,851,660542,48054,39439,81040,55322,537
Stockholders' Equity
Common Stock4,9434,2633,8902,5852,4761,7431,0311,0311,001900
Retained Earnings-24,691,314-17,152,172-12,208,728-7,826,754-4,822,389-1,909,514-117,655-103,906-90,773-14,741
Other Stockholder Equity38,039,07922,087,26914,170,8157,521,5875,414,8971,805,27565,21965,21950,2490
Total Stockholder Equity12,961,0165,077,2712,106,883-298,618586,032-102,641-51,405-37,656-39,523-13,841
Total Liabilities and Stockholders' Equity17,547,12410,366,9057,341,5045,876,7784,437,692439,8392,9892,1541,0308,696

 

2023-05-312023-02-282022-11-302022-08-312022-05-312022-02-282021-11-302021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Assets
Current Assets
Cash and Cash Equivalents5,424,9129,240,24111,870,5261,984,562805,548461,9331,116,448878,085789,752850,717989,103419,707154,911102,919643,346553,187151,6221,337,245685,19318,6779,50810,551436,531864,54911,3161171494742,1545411,6521,1671,0301,18710,5203,004
Short Term Investments0000000000000000000000000000000000000
Net Receivables4,308,3662,803,9135,013,2744,172,6205,178,2296,414,4145,492,4415,860,1904,201,1365,606,0325,923,3564,352,4452,253,0063,262,4382,340,2001,760,395779,633519,117666,398429,001383,209301,743200,305103,46801,67301,656002,1271,22200000
Inventory01,082,636001,3311,40715,9092,5852,3681,4011,380803000000000000000-1,65600-2,127-1,22200000
Other Current Assets04,139,0614,701,6683,973,9142,843,7513,331,3423,145,6752,448,4033,407,406646,3772,097,2104,029,2273,504,2082,483,4113,391,9603,692,4044,057,5492,570,7242,591,071478,022400,58140,53413,84929,633002,4321,656002,1271,22200000
Total Current Assets14,367,73817,265,85121,585,46810,131,0968,828,85910,209,0969,770,4739,189,2638,400,6627,104,5279,011,0498,802,1825,912,1255,848,7686,375,5066,005,9864,988,8044,427,0863,942,662925,700793,298352,828650,685997,65012,9892,5491,8054742,1542,6682,8741,1671,0301,18710,5203,004
Long Term Assets
Long Term Investments0000000000000000000000000000000000000
Property Plant and Equipment167,628208,207234,410229,680268,29531,87741,96751,77359,56575,767236,703260,06630,65128,01038,52745,43051,53310,60611,2571,4201,5071,5941,68100000000000000
Goodwill0000000000000000000000000000000000000
Intangible Assets61,13873,06681,64794,426108,312125,932136,158139,681152,883161,210169,49200000000035,41785,417135,417185,4170000000000000
Other Assets0000000000000000000000001,673-1,67300000000000
Deferred Long Term Asset Charges370,732000000000000000-406,35300-370,000-50,0000000-54,394-23,753-20,667-16,8630-15,215-10,868-22,682-23,053-19,674-24,629-21,965
Total Assets14,596,50417,547,12421,901,52510,455,2029,205,46610,366,9059,948,5989,380,7178,613,1107,341,5049,417,2449,062,2485,942,7765,876,7786,414,0336,051,4165,040,3374,437,6923,953,919927,120830,222439,839787,7831,183,06712,9892,5491,8054742,1542,6682,8741,1671,0301,18710,5203,004
Liabilities
Current Liabilities
Accounts Payable59,02127,3711,322,6201,506,7711,975,2803,588,2891,675,4652,387,4062,303,1622,473,6363,090,2612,458,5482,532,2732,703,7542,581,6062,896,4171,965,0811,239,2801,472,953744,638493,530107,082111,462168,933026,89420,00020,66716,86312,31015,21510,86822,68223,05319,67424,62921,965
Short Term and Current Long Term Debt95,289852,924848,864853,413126,6765,06912,52619,674878,221592,4691,656,7741,654,7070000406,35300370,00050,00000027,50027,50030,00027,50027,50027,50023,50023,50023,50017,50017,5003,53722,537
Other Liabilities82,6531,156,2252,700,5841,042,2012,481,1351,685,2972,592,8271,744,6502,866,7771,046,1903,866,5715,304,6722,949,2882,394,7883,310,5732,244,5621,644,9572,176,3801,569,31295,375185,616385,39849,03079,984026,89423,75320,66716,863015,21510,86822,68223,05319,67424,62921,965
Total Current Liabilities607,6952,036,5204,872,0683,402,3854,583,0915,278,6554,280,8184,151,7306,048,1604,112,2958,613,6069,417,9275,481,5615,098,5425,892,1795,140,9793,610,0383,415,6603,042,265840,013679,146492,480160,492248,91727,50026,89450,00048,16744,36339,81038,71534,36846,18240,55337,17428,16644,502
Long Term Liabilities
Long Term Debt02,538,3044,835,4714,883,993848,9130001,109,3071,114,2431,189,2141,197,2091,066,0001,072,67182,62792,520472,353436,000436,000436,000366,00050,00000027,50000000000000
Other Liabilities00000-3,593,358-1,687,991-1,744,65000000000000000000000000000000
Total Liabilities607,6954,574,8249,707,5398,286,3785,432,0045,278,6554,280,8184,151,7307,157,4675,226,5389,802,82010,615,1366,547,5616,171,2135,974,8065,233,4994,082,3913,851,6603,478,2651,276,0131,045,146542,480160,492248,91754,39454,39450,00048,16744,36339,81038,71534,36846,18240,55337,17428,16644,502
Stockholders' Equity
Common Stock5,1994,9434,6324,2864,2784,2634,2484,2203,9003,8903,6203,3743,3892,5852,5852,5812,5372,4761,8501,7761,7711,7431,7271,6122581,0311,0311,0311,0311,0311,0311,0311,0011,0011,0011,001900
Retained Earnings-25,956,785-24,691,314-22,655,652-20,133,660-18,596,295-17,152,172-15,613,001-14,576,382-13,120,618-12,208,728-10,074,007-9,365,854-8,404,831-7,826,754-7,098,730-6,602,037-5,835,500-4,822,389-2,845,836-2,408,266-2,201,798-1,909,514-1,029,582-563,723-114,808-117,655-110,000-112,612-110,139-103,906-102,297-97,744-96,265-90,773-87,237-68,896-42,398
Other Stockholder Equity1,191,05438,039,07935,408,55022,679,74622,522,50422,087,26921,065,95519,675,98314,360,80414,170,8159,567,3787,789,3737,804,3587,521,5877,521,5877,421,5916,787,1355,414,8973,287,5232,057,9161,985,3351,805,2751,655,2041,496,261114,55165,21958,96965,21965,21965,21965,21965,21950,24950,24950,24950,24941,498
Total Stockholder Equity13,976,31612,961,01612,184,0082,159,1203,763,0285,077,2715,656,7195,217,3731,445,1762,106,883-392,599-1,557,404-608,994-298,618439,227817,917957,946586,032475,654-348,893-214,924-102,641627,291934,1501-51,405-50,000-46,362-43,889-37,656-36,047-31,494-45,015-39,523-35,987-17,646-41,498
Total Liabilities and Stockholders' Equity14,596,50417,547,12421,901,52510,455,2029,205,46610,366,9059,948,5989,380,7178,613,1107,341,5049,417,2449,062,2485,942,7765,876,7786,414,0336,051,4165,040,3374,437,6923,953,919927,120830,222439,839787,7831,183,06712,9892,5491,8054742,1542,6682,8741,1671,0301,18710,5203,004

 

2023-02-282022-02-282021-02-282020-02-292019-02-282018-02-282017-02-282016-02-292015-02-282014-02-28
Operating Activities
Net Income-7,538,837-4,940,548-4,378,074-3,000,094-2,912,875-1,751,121-13,749-13,133-76,032-14,741
Depreciation63,10357,89427,0556,91887,159114,7280000
Adjustments to Net Income112,561032,7478,749322,97347,2500000
Changes in Accounts Receivables3,100,387-775,837-1,437,329-2,168,175-197,559-241,456-1,673000
Changes in Inventories1,280-6-1,401-262,754000000
Investing Activities
Capital Expenditures-74,817-26,072-238,485-17,507-11,711-201,7390000
Investments0000000000
Total Cash Flow From Investing Activities0000000000
Financing Activities
Dividends Paid00-1,654,2070000000
Sale/Purchase of Stock00-15,00000-15,5770000
Total Cash Flow From Financing Activities17,343,3335,414,1945,174,6001,830,6522,064,6741,808,423025,00045,31323,437
Effect of Exchange Rate Changes123,92570,95683,30140,665-7,99500000
Change in Cash and Cash Equivalents8,778,308-388,784747,798-1,234,3261,326,694-2,795-8381,124-1,4162,446

 

2023-05-312023-02-282022-11-302022-08-312022-05-312022-02-282021-11-302021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-31
Operating Activities
Net Income-1,264,262-2,034,356-2,521,718-1,538,095-1,444,668-1,539,253-1,037,172-1,454,617-909,506-2,133,661-705,646-960,716-578,051-724,226-496,693-766,549-1,012,626-1,976,553-437,570-206,468-292,284-879,932-465,859-408,1772,847144,645-149,688-2,473-6,233-1,609-4,553-1,479-5,492-3,536-18,341-26,498-27,657
Depreciation18,34218,44917,01613,46614,17214,35014,72114,40214,421-44,76656,95012,4262,445-27,28211,85511,32711,0181071,46135,50450,08750,08750,05800000000000000
Adjustments to Net Income0111,300-321,2930-1,742,78400032,747000-89008,8381,931,8260000066,909-5,076000000000000
Changes in Accounts Receivables-322,7742,544,658-1,130,365799,000887,094-1,535,957350,908-1,005,9911,415,203-55,188-559,849-1,768,472946,180-706,533-745,592-603,493-112,557113,964-189,852-72,661-49,010-169,391-24,022-49,7161,6730000905-905000000
Changes in Inventories027-361,289014,502-13,324-217-967-2100-409,716-232,8971,522,349577,648-2,129,85400000000000000000000
Investing Activities
Capital Expenditures-380-7,056-63,641-4,1200-12,296-1,151-8,224-4,401320,629-205,390-103,661-11,578-1,216-5,038-5,065-6,188-4130001,739-1,73900000000000000
Investments0000000000000000000000000000000000000
Total Cash Flow From Investing Activities000000000-238,48500000000-11,298000000000000000000
Financing Activities
Dividends Paid000000000-15,000000000000000000000000000000
Sale/Purchase of Stock00000000015,0000-15,0000000000000000000000000000
Total Cash Flow From Financing Activities-1,075,333-206,66712,020,0004,800,000730,00050,0011,782,9021,754,5971,826,694-51,6073,587,0001,377,309261,898919,923-55,7448,756957,717196,1741,230,000142,499496,001200,000159,0001,428,36421,05900004,000015,0006,00031,35013,96300
Effect of Exchange Rate Changes-161,665597,127-255,794-252,99135,58332,95165,673-85,59057,922-30,675102,69527,334-16,05347,9268,306-17,9222,355-40,11232,11700-1,739000000000000000
Change in Cash and Cash Equivalents-3,815,329-2,630,2859,885,9641,179,014343,615-654,515238,36388,333-60,965-138,386569,396264,79651,992-540,42790,159401,565-1,185,623652,052666,5169,169-1,043-425,980-428,018864,548-1,315103,122-101,955-325-1,6801,613-1,111485137-157-9,3337,516558