BUSINESS SEGMENTS (Tables)
|
12 Months Ended |
Feb. 28, 2026 |
| Segment Reporting [Abstract] |
|
| Schedule of Segment Reporting Information, by Segment [Table Text Block] |
Information
by industry segment for the years ended February 28, 2026 and February 28, 2025 is set forth below: | | | Year Ended February 28, | | | | | 2026 | | | 2025 | | | Publishing | | $ | 3,568,900 | | | $ | 4,340,700 | | | PaperPie | | | 19,344,700 | | | | 29,850,300 | | | Total | | $ | 22,913,600 | | | $ | 34,191,000 | | | | | Year Ended February 28, | | | | | 2026 | | | 2025 | | | Publishing | | $ | 747,800 | | | $ | 1,155,400 | | | PaperPie | | | 944,300 | | | | 1,950,800 | | | Other | | | 3,654,700 | | | | (9,961,200 | ) | | Total | | $ | 5,346,800 | | | $ | (6,855,000 | ) |
|
| Schedule of Operating Results of the Publishing Segment [Table Text Block] |
The following table summarizes the operating results of the PaperPie segment for the twelve months ended February 28:
| | |
Year Ended February 28, | |
| | |
2026 | | |
2025 | |
| Net revenues | |
$ | 3,568,900 | | |
$ | 4,340,700 | |
| | |
| | | |
| | |
| Cost of goods sold | |
| 1,546,200 | | |
| 1,757,300 | |
| Gross margin | |
| 2,022,700 | | |
| 2,583,400 | |
| | |
| | | |
| | |
| Operating expenses | |
| | | |
| | |
| Operating and selling | |
| 281,300 | | |
| 424,300 | |
| Sales commissions | |
| 93,700 | | |
| 97,700 | |
| General and administrative | |
| 899,900 | | |
| 906,000 | |
| Total operating expenses | |
| 1,274,900 | | |
| 1,428,000 | |
| | |
| | | |
| | |
| Operating income | |
$ | 747,800 | | |
$ | 1,155,400 | |
| | |
Year Ended February 28, | |
| | |
2026 | | |
2025 | |
| Net revenues | |
$ | 19,344,700 | | |
$ | 29,850,300 | |
| | |
| | | |
| | |
| Cost of goods sold | |
| 7,763,100 | | |
| 11,406,000 | |
| Gross margin | |
| 11,581,600 | | |
| 18,444,300 | |
| | |
| | | |
| | |
| Operating expenses | |
| | | |
| | |
| Operating and selling | |
| 2,598,700 | | |
| 4,575,400 | |
| Sales commissions | |
| 6,305,500 | | |
| 9,998,800 | |
| General and administrative | |
| 1,733,100 | | |
| 1,919,300 | |
| Total operating expenses | |
| 10,637,300 | | |
| 16,493,500 | |
| | |
| | | |
| | |
| Operating income | |
$ | 944,300 | | |
$ | 1,950,800 | |
|
| Schedule of Other segment [Table Text Block] |
Information
for the Other segment above for the years ended February 28, 2026 and February 28, 2025 is set forth below:
| | |
Year Ended February 28, | |
| | |
2026 | | |
2025 | |
| Operating and selling: | |
| | |
| |
| Freight | |
$ | 447,000 | | |
$ | 668,500 | |
| Computer support | |
| 135,400 | | |
| 83,400 | |
| Operating and selling total | |
| 582,400 | | |
| 751,900 | |
| | |
| | | |
| | |
| General and administrative: | |
| | | |
| | |
| Payroll | |
| 4,029,700 | | |
| 4,672,600 | |
| Depreciation | |
| 1,086,100 | | |
| 1,358,600 | |
| Building and warehouse rents | |
| 1,162,200 | | |
| 830,900 | |
| Outside services | |
| 394,600 | | |
| 458,000 | |
| Property taxes | |
| 210,700 | | |
| 370,300 | |
| Dues and subscriptions | |
| 256,000 | | |
| 260,200 | |
| Property insurance | |
| 255,800 | | |
| 242,200 | |
| Professional service fees | |
| 233,400 | | |
| 238,000 | |
| Other | |
| 666,600 | | |
| 699,100 | |
| General and administrative total | |
| 8,295,100 | | |
| 9,129,900 | |
| | |
| | | |
| | |
| Interest expense | |
| 1,478,900 | | |
| 2,188,400 | |
| Gain from sale of assets - net | |
| (12,190,900 | ) | |
| - | |
| Other income | |
| (1,820,200 | ) | |
| (2,109,000 | ) |
| Total other non-segment (earnings) loss before income taxes | |
$ | (3,654,700 | ) | |
$ | 9,961,200 | |
|