Property, Plant and Equipment, Net
6 Months Ended
Aug. 31, 2018
Notes to Financial Statements  
Note 3. Property, Plant and Equipment, Net
     

Estimated

Useful Life

   

August 31,

2018

   

February 28,

2018

 
      (years)              
                     
Building     30     $ 1,899,105     $ 1,935,423  
Land     indefinite       234,731       239,239  
Building improvements     5       336,554       377,253  
Machinery and equipment     3 – 8       3,386,904       2,189,195  
Office equipment and furniture     8       118,110       101,756  
Property, plant and equipment, gross             5,975,404       4,842,866  
Less: accumulated depreciation             (828,484 )     (805,963 )
Property, plant and equipment, net           $ 5,146,920     $ 4,036,903  

 

Depreciation expense is recorded as an operating expense in the unaudited interim condensed consolidated statements of operations and comprehensive loss and amounted to $89 thousand and $174 thousand for the three and six months ended August 31, 2018 (2017 – $75 thousand and $150 thousand, respectively).