v3.26.1
Property and Equipment, Net
3 Months Ended
May 31, 2026
Property, Plant and Equipment, Net [Abstract]  
Property and Equipment, Net

NOTE 6 – PROPERTY AND EQUIPMENT, NET

Property and equipment at May 31, 2026 and February 28, 2026 consisted of the following:

 

($'s in thousands)

 

May 31, 2026

 

 

February 28, 2026

 

Land

 

$

124

 

 

$

124

 

Building

 

 

5,574

 

 

 

5,574

 

Machinery and equipment

 

 

15,537

 

 

 

15,278

 

Furniture and fixtures

 

 

740

 

 

 

720

 

Leasehold improvements

 

 

136

 

 

 

136

 

Transportation equipment

 

 

326

 

 

 

326

 

 

 

22,437

 

 

 

22,158

 

 

 

 

 

 

 

Less accumulated depreciation

 

 

(13,728

)

 

 

(13,383

)

Property and equipment, net

 

$

8,709

 

 

$

8,775

 

 

Depreciation expense related to property and equipment totaled $0.3 million and $0.3 million during the three months ended May 31, 2026 and 2025, respectively.