v3.26.1
SUBSEQUENT EVENTS
12 Months Ended
Feb. 28, 2026
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

20. SUBSEQUENT EVENTS

 

In March 2026, the Company executed a new credit agreement with Regent Bank (the Lender). The loan agreement establishes a revolving promissory note in the principal amount up to $2,000,000. Interest shall be calculated each month on the outstanding borrowings. The credit agreement was secured by the assets of the Company including accounts receivable, inventory, equipment and excess land. As an additional inducement to enter into the loan agreement, the Lender required the personal guarantee of Craig White, President and Chief Executive Officer of the Company.