v3.26.1
LEASES (Tables)
 3 Months Ended
May 31, 2026
Disclosure Text Block [Abstract]  
Lease, Cost [Table Text Block] The operating lease liability and right-of-use assets are reduced over the term of the lease as payments are made and the assets are used.
   May 31,
2026		   February 28,
2026		 
Operating lease assets:        
Right-of-use assets  $6,742,000   $6,716,100 
           
Operating lease liabilities:          
Current lease liabilities  $1,315,900   $1,371,700 
Long-term lease liabilities  $5,426,100   $5,344,400 
           
Weighted-average remaining lease term (months)   105.4    108.9 
Weighted-average discount rate   6.35%   6.36%
   May 31,
2026		   May 31,
2025		 
Fixed lease costs  $388,300   $170,700 
   May 31,
2026		   May 31,
2025		 
Operating cash outflows – operating leases  $388,300   $170,700 

 

   2026   2025 
NONCASH TRANSACTIONS        
Lease assets obtained in exchange for new lease liabilities  $305,100   $26,200 
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]

Future minimum rental payments under operating leases with initial terms greater than one year as of May 31, 2026, are as follows:

 

Years ending February 28,    
2027  $998,300 
2028   1,037,700 
2029   958,200 
2030   929,200 
2031   952,500 
Thereafter   4,766,500 
Total future minimum rental payments   9,642,400 
Less: imputed interest   (2,900,400)
Total operating lease liabilities  $6,742,000