v3.26.3
Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Aug. 31, 2026
Aug. 31, 2025
Net sales $ 5,657,000 $ 3,986,000 $ 11,093,000 $ 6,686,000
Cost of sales 2,909,000 3,151,000 5,880,000 5,461,000
Gross profit 2,748,000 835,000 5,213,000 1,225,000
Selling, general and administrative expenses 1,033,000 1,126,000 1,963,000 1,894,000
Operating income (loss) 1,715,000 (291,000) 3,250,000 (669,000)
Other income (loss)        
Interest income 54,000 42,000 136,000 42,000
Interest expense (45,000) (66,000) (107,000) (140,000)
Dividend income 42,000 18,000 67,000 59,000
Realized gain (loss) on investments (80,000) 170,000 (80,000) 251,000
Unrealized gain (loss) on investments 80,000 (198,000) 78,000 (325,000)
Contingent consideration expense (2,000) 0 (333,000) 0
Scrap income 0 0 100,000 0
Miscellaneous income 2,000 5,000 2,000 5,000
Total other income (loss) 51,000 (29,000) (137,000) (108,000)
Net income (loss) before income taxes 1,766,000 (320,000) 3,113,000 (777,000)
Income (taxes) benefit (468,000) 86,000 (825,000) 207,000
Net income (loss) $ 1,298,000 $ (234,000) $ 2,288,000 $ (570,000)
Net income (loss) per common share - basic and diluted (in dollars per share) $ 0.6 $ (0.11) $ 1.06 $ (0.27)
Weighted average shares outstanding - basic and diluted (in shares) 2,152,703 2,084,664 2,152,377 2,083,609