v3.26.3
BUSINESS SEGMENTS (Tables)
 6 Months Ended
Aug. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting [Table Text Block]

Information by reporting segment for the three and six-month periods ended August 31, 2026 and 2025, is as follows:

 

NET REVENUES
 
   Three Months Ended
August 31,		   Six Months Ended
August 31,		 
   2026   2025   2026   2025 
PaperPie  $3,173,500   $3,731,200   $7,348,400   $9,791,500 
Publishing   896,800    889,900    1,477,700    1,936,000 
Total  $4,070,300   $4,621,100   $8,826,100   $11,727,500 

 

LOSS BEFORE INCOME TAXES
 
   Three Months Ended
August 31,		   Six Months Ended
August 31,		 
   2026   2025   2026   2025 
PaperPie  $112,800   $(14,700)  $491,400   $447,000 
Publishing   230,100    205,700    321,100    413,500 
Other   (1,904,500)   (1,941,200)   (3,753,200)   (4,060,000)
Total  $(1,561,600)  $(1,750,200)  $(2,940,700)  $(3,199,500)
Schedule of Operating Results of the Publishing Segment [Table Text Block]

The following table summarizes the operating results of the PaperPie segment for the three and six months ended August 31, 2026 and 2025:

 

   Three Months Ended
August 31,		   Six Months Ended
August 31,		 
   2026   2025   2026   2025 
Net revenues  $3,173,500   $3,731,200   $7,348,400   $9,791,500 
                     
Cost of goods sold   1,223,900    1,569,400    2,906,600    4,038,700 
Gross margin   1,949,600    2,161,800    4,441,800    5,752,800 
                     
Operating expenses                    
Operating and selling   438,000    554,500    940,900    1,294,100 
Sales commissions   1,109,000    1,245,300    2,445,800    3,226,800 
General and administrative   289,800    376,700    563,700    784,900 
Total operating expenses   1,836,800    2,176,500    3,950,400    5,305,800 
                     
Operating income (loss)  $112,800   $(14,700)  $491,400   $447,000 
   Three Months Ended
August 31,		   Six Months Ended
August 31,		 
   2026   2025   2026   2025 
Net revenues  $896,800   $889,900   $1,477,700   $1,936,000 
                     
Cost of goods sold   415,300    363,600    667,100    863,600 
Gross margin   481,500    526,300    810,600    1,072,400 
                     
Operating expenses:                    
Operating and selling   63,300    69,900    122,100    152,200 
Sales commissions   19,100    23,700    31,000    54,200 
General and administrative   169,000    227,000    336,400    452,500 
Total operating expenses   251,400    320,600    489,500    658,900 
                     
Operating income  $230,100   $205,700   $321,100   $413,500 
Schedule of Other segment [Table Text Block]

Information for the Other segment above for the three and six months ended August 31, 2026 and 2025 is set forth below:

   Three Months Ended
August 31,		   Six Months Ended
August 31,		 
   2026   2025   2026   2025 
Operating and selling:                
Freight  $79,600   $74,200   $165,400   $223,900 
Computer support   23,000    40,900    52,500    63,900 
Total operating and selling expenses   102,600    115,100    217,900    287,800 
                     
General and administrative:                    
Payroll   752,700    949,900    1,502,900    1,913,100 
Depreciation   251,900    274,600    508,100    551,400 
Building and warehouse rents   385,100    216,300    775,700    454,000 
Outside services   71,100    100,200    120,300    251,800 
Property insurance   57,900    34,600    115,800    109,400 
Professional service fees   56,100    56,700    112,500    116,400 
Dues and subscriptions   76,600    54,600    150,200    108,100 
Other   152,300    212,500    147,300    456,500 
Total general and administrative expenses   1,803,700    1,899,400    3,432,800    3,960,700 
                     
Interest expense   800    603,200    1,400    1,107,500 
Other (income) loss   (2,600)   (676,500)   101,100    (1,296,000)
Total other non-segment loss before income taxes  $1,904,500   $1,941,200   $3,753,200   $4,060,000