v3.26.1
Note 6 - Disaggregation of Revenue and Major Customers
3 Months Ended
May 31, 2026
Notes to Financial Statements  
Disaggregation of Revenue and Major Customers [Text Block]

6.

DISAGGREGATION OF REVENUE AND MAJOR CUSTOMERS

 

Revenues from domestic and export sales are attributed to a global geographic region according to the location of the customer’s primary manufacturing or operating facilities. Revenues from domestic and export sales to unaffiliated customers for the three months ended May 31, 2026, and May 31, 2025, respectively are as follows:

 

Geographic Region

 

May 31, 2026

  

May 31, 2025

 

Europe and Australia

 $249,000  $33,000 

Canada and Latin America

  -   - 

Far East and Middle East

  -   11,000 

United States

  5,187,000   2,656,000 

Totals

 $5,436,000  $2,700,000 

 

For the three months ended May 31, 2026 and May 31, 2025, approximately 64% and 53%, respectively, of the Company’s sales have been attributable to contracts with customers whose products are sold to the United States government. The remaining 36% and 47%, respectively of sales are for non-military, scientific and industrial applications, or to distributors where we do not have end user information.

 

Customers who contributed ten percent or more of revenues for the three months ended May 31, 2026, and May 31, 2025, respectively are as follows:

 

Customer

 

May 31, 2026

  

Customer

 

May 31, 2025

 

1. RTX (Raytheon)

  31% 

1. RTX (Raytheon)

  34%

2. ConMed Linvatec

  27% 

2. ConMed Linvatec

  26%

3. L3Harris

  19% 

3. MOOG

  11%

Totals

  77% 

Totals

  71%