Property, Plant and Equipment, Net
9 Months Ended
Nov. 30, 2018
Notes to Financial Statements  
Note 3. Property, Plant and Equipment, Net

    Estimated     November 30,     February 28,  
    Useful Life     2018     2018  
    (years)              
                   
Building   30     $ 1,863,982     $ 1,935,423  
Land   indefinite       230,390       239,239  
Building improvements   5       380,174       377,253  
Machinery and equipment   3 – 8       3,380,317       2,189,195  
Office equipment and furniture   8       115,925       101,756  
Property, plant and equipment, gross           5,970,788       4,842,866  
Less: accumulated depreciation           (937,014 )     (805,963 )
Property, plant and equipment, net         $ 5,033,774     $ 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 $135 thousand and $309 thousand for the three and nine months ended November 30, 2018 (2017 – $83 thousand and $233 thousand, respectively).