v3.25.2
Related Party Transactions
6 Months Ended
Aug. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

17. Related Party Transactions

 

The Company leases a facility and sells products to entities controlled by a member of the Board. The total right-of-use asset and related lease liability as of August 31, 2025 was $1.5 million and $1.5 million, respectively. The total right-of-use asset and related lease liability as of February 28, 2025 was $1.7 million and $1.7 million, respectively. During the six months ended August 31, 2025, total lease payments and product sales made to the director-controlled entities were approximately $0.3 million and $2.1 million, respectively. During the six months ended August 31, 2024, total lease payments and product sales made to the director-controlled entities were approximately $0.3 million and $1.4 million, respectively. The accounts receivable balances as of August 31, 2025 and February 28, 2025 were $0.2 and $0.2 million, respectively.