v3.26.3
Note 6 - Disaggregation of Revenue and Major Customers
6 Months Ended
Aug. 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 August 31, 2026, and August 31, 2025, respectively are as follows:

 

Geographic Region

 

August 31, 2026

  

August 31, 2025

 

Europe and Australia

 $294,000  $100,000 

Canada and Latin America

  -   - 

Far East and Middle East

  -   18,000 

United States

  5,363,000   3,868,000 

Totals

 $5,657,000  $3,986,000 

 

For the three months ended August 31, 2026 and August 31, 2025, approximately 58% and 41%, respectively, of the Company’s sales have been attributable to contracts with customers whose products are sold to the United States government. The remaining 42% and 59%, respectively of sales are for non-military, scientific and industrial applications, or to distributors where we do not have end user information.

 

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 six months ended August 31, 2026, and August 31, 2025, respectively are as follows:

 

Geographic Region

 

August 31, 2026

  

August 31, 2025

 

Europe and Australia

 $542,000  $133,000 

Canada and Latin America

  -   - 

Far East and Middle East

  -   29,000 

United States

  10,551,000   6,524,000 

Totals

 $11,093,000  $6,686,000 

 

For the six months ended August 31, 2026 and August 31, 2025, approximately 61% and 46%, respectively, of the Company’s sales have been attributable to contracts with customers whose products are sold to the United States government. The remaining 39% and 54%, 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 August 31, 2026, and August 31, 2025, respectively are as follows:

 

Customer

 

August 31, 2026

  

Customer

 

August 31, 2025

 

1. RTX (Raytheon)

  36% 

1. ConMed Linvatec

  40%

2. ConMed Linvatec

  26% 

2. RTX (Raytheon)

  25%

3. L3 Harris

  10%      

Totals

  72% 

Totals

  65%

 

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

 

Customer

 

August 31, 2026

 

Customer

 

August 31, 2025

 

1. RTX (Raytheon)

  33%

1. ConMed Linvatec

  38%

2. ConMed Linvatec

  27%

2. RTX (Raytheon)

  26%

3. L3 Harris

  14%     

Totals

  74%

Totals

  64%