v3.26.1
Consolidated Balance Sheets - USD ($)
Feb. 28, 2026
Feb. 28, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 3,914,000 $ 4,099,000
Marketable securities 2,000 919,000
Accounts receivable 3,367,000 2,129,000
Inventories, net 4,132,000 3,440,000
Prepaid expenses and other current assets 142,000 132,000
TOTAL CURRENT ASSETS 11,557,000 10,719,000
Property, plant and equipment, net 8,383,000 8,635,000
Intangible assets 2,695,000 2,905,000
Deferred tax asset 1,332,000 1,622,000
Long-term investment 1,650,000 0
Other assets 323,000 555,000
TOTAL ASSETS 25,940,000 24,436,000
CURRENT LIABILITIES    
Accounts payable 470,000 439,000
Customer deposits 64,000 118,000
Accrued contingent consideration, current 771,000 570,000
Mortgage loan, current portion 160,000 152,000
Accrued expenses and other current liabilities 1,067,000 846,000
TOTAL CURRENT LIABILITIES 2,532,000 2,125,000
Accrued contingent consideration, non-current 0 663,000
Mortgage loan, net of current portion 3,605,000 3,765,000
TOTAL LIABILITIES 6,137,000 6,553,000
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, authorized 500,000 shares, none issued 0 0
Common stock, $.01 par value, authorized 10,000,000 shares, 2,147,703 shares outstanding, net of 436,677 treasury shares at February 28, 2026 and 2,082,553 shares outstanding, net of 487,827 treasury shares at February 28, 2025, respectively 21,000 21,000
Additional paid-in capital 1,987,000 1,834,000
Retained earnings 18,247,000 17,440,000
Less treasury stock (452,000) (1,412,000)
TOTAL STOCKHOLDERS’ EQUITY 19,803,000 17,883,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 25,940,000 $ 24,436,000