v3.26.1
Related Party Transactions
3 Months Ended
May 31, 2026
Related Party Transactions [Abstract]  
Related Party Transactions

16. 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 May 31, 2026 was $1.2 million and $1.2 million, respectively. The total right-of-use asset and related lease liability as of May 31, 2025 was $1.6 million and $1.6 million, respectively. During the three months, ended May 31, 2026, total lease payments and product sales made to the director-controlled entities were approximately $0.1 million and $0.7 million, respectively. During the three months, ended May 31, 2025, total lease payments and product sales made to the director-controlled entities were approximately $0.1 million and $1.1 million, respectively. The accounts receivable balances as of May 31, 2026 and 2025 were approximately $0.1 and $0.2 million, respectively.