v3.25.2
Revenue From Contracts With Customers (Tables)
3 Months Ended
May 31, 2025
us-gaap_TableTextBlock  
Summary of Contract Liabilities

The following table summarizes contract liabilities as of May 31, 2025 and May 31, 2024:

 

 

Three Months Ended
May 31,

 

($'s in thousands)

 

2025

 

 

2024

 

Contract liabilities at the beginning of the period:

 

$

743

 

 

$

829

 

Revenue recognized

 

 

(36

)

 

 

(70

)

Contract fees received

 

 

11

 

 

 

53

 

Contract liabilities at the end of the period:

 

$

718

 

 

$

812

 

Schedule of Revenue Expected to Be Recognized in the Future, Related to Performance Obligations

At May 31, 2025, annual revenue expected to be recognized in the future, related to performance obligations that are not yet fully satisfied, are estimated to be the following (amounts in thousands):

 

FYE 2026

 

$

105

 

FYE 2027

 

 

127

 

FYE 2028

 

 

103

 

FYE 2029

 

 

82

 

FYE 2030

 

 

72

 

Thereafter

 

 

229

 

Total

 

$

718