Property and Equipment, net
9 Months Ended
Nov. 30, 2016
Notes to Financial Statements  
Note 3. Property and Equipment, net

    Estimated Useful     November 30,     February 29,  
    Life     2016     2016  
    (years)              
                   
Machinery and Equipment   5 - 7     $ 1,496,320     $ 1,126,147  
Office equipment and furniture   5 - 8       126,625       108,030  
Leasehold improvements   3       338,645       314,786  
            1,961,590       1,548,963  
Less: accumulated depreciation           (408,566 )     (149,609 )
Property and equipment, net         $ 1,553,024     $ 1,399,354  

 

Depreciation expense is recorded as an operating expense in the consolidated statements of operations and comprehensive loss and amounted to $86,349 and $71,194 for the three months ended November 30, 2016 and 2015, respectively, and to $242,712 and $82,565 for the nine months ended November 30, 2016 and 2015, respectively.