v3.26.1
STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Feb. 28, 2026
Feb. 28, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings (loss) $ 2,325,200 $ (5,263,600)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,391,700 1,724,900
Deferred income taxes 2,536,100 (1,129,600)
Provision for credit losses 36,000 48,000
Provision for inventory valuation allowance 144,000 144,000
Share-based compensation expense - net 0 403,300
Net loss (gain) on sale of assets (12,190,900) 3,300
Impairment loss on assets 287,100 318,100
Changes in assets and liabilities:    
Accounts receivable 1,228,700 (237,100)
Inventories - net 6,884,200 10,754,100
Prepaid expenses and other assets 297,800 (168,300)
Accounts payable (161,000) (2,062,800)
Accrued salaries and commissions and other liabilities (1,288,200) (918,400)
Deferred revenues (171,300) (91,700)
Income taxes payable/receivable 685,900 (312,500)
Total adjustments (319,900) 8,475,300
Net cash provided by operating activities 2,005,300 3,211,700
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (542,800) (439,400)
Proceeds from sale of assets 29,932,600 9,800
Net cash provided by (used in) investing activities 29,389,800 (429,600)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on term debt (26,715,400) (1,800,000)
Cash paid to acquire treasury stock (137,900) (700)
Sales of treasury stock 20,200 17,700
Net payments under line of credit (4,198,100) (1,300,000)
Net cash used in financing activities (31,031,200) (3,083,000)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 363,900 (300,900)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - BEGINNING OF PERIOD 976,500 1,277,400
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF PERIOD 1,340,400 976,500
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid for interest 1,337,500 2,156,300
Cash (received)/paid for income taxes - net of refunds (200,500) (274,300)
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING ACTIVITIES:    
Fair value of the interest rate exchange agreement 0 (39,800)
NONCASH TRANSACTIONS    
Leased assets obtained in exchange for operating lease liabilities 6,338,900 282,800
Inventory donations $ 291,700 $ 0