INVENTORIES

3 Months Ended

May 31, 2026

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

Note 4 – INVENTORIES

Inventories consist of the following:

		May 31, 2026				February 28, 2026
Current:
Product inventory		$	16,431,000			$	17,771,000
Inventory valuation allowance			(371,100	)			(358,800	)
Inventories net – current		$	16,059,900			$	17,412,200

Noncurrent:
Product inventory		$	21,010,200			$	21,056,700
Inventory valuation allowance			(861,000	)			(805,000	)
Inventories net – noncurrent		$	20,149,200			$	20,251,700

Inventory in transit totalled $47,600 and $147,900 at May 31, 2026 and February 28, 2026, respectively.

Product inventory quantities in excess of what we expect will be sold within the normal operating cycle, based on 2½ years of anticipated sales, are included in noncurrent inventory.