v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
May 31, 2026
Feb. 28, 2026
Current Assets:    
Cash and cash equivalents $ 8,982,075 $ 7,339,403
Marketable securities 7,669,872 7,469,649
Accounts receivable (less allowance of $12,225, respectively) 1,264,932 3,350,953
Inventories 4,063,132 3,923,350
Prepaid expenses and other current assets 659,518 743,295
Total current assets 22,639,529 22,826,650
Land 250,000 250,000
Buildings, equipment, furnishings and leasehold improvements, net 2,138,226 2,173,443
Intangible assets, net 27,892 29,791
Deferred tax asset 809,182 1,141,611
TOTAL ASSETS 25,864,829 26,421,495
Current Liabilities:    
Accounts payable 935,442 1,038,885
Accrued expenses 2,088,229 2,227,401
Customer deposits 2,006,896 3,069,743
Income taxes payable 147,984 255,398
Total current liabilities 5,178,551 6,591,427
Deferred tax liability 75,238 55,909
Total liabilities 5,253,789 6,647,336
Commitments and Contingencies (Note 10)
Stockholders’ Equity    
Common stock, $.01 par value; 25,000,000 shares authorized, 15,716,723 and 15,710,389 issued and outstanding as of May 31, 2026 and February 28, 2026 157,167 157,104
Additional paid-in capital 10,282,508 10,186,858
Accumulated earnings 10,171,365 9,430,197
Total stockholders’ equity 20,611,040 19,774,159
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 25,864,829 $ 26,421,495