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CUSTOMER CONCENTRATIONS AND FOREIGN SALES
 12 Months Ended
Feb. 28, 2025
Risks and Uncertainties [Abstract]  
CUSTOMER CONCENTRATIONS AND FOREIGN SALES

NOTE 11: CUSTOMER CONCENTRATIONS AND FOREIGN SALES

 

Export sales to customers located outside the United States and Canada were approximately as follows:

 

   February 28,
2025		   February 29,
2024		 
Asia Pacific (APAC)   2,758,000    3,268,000 
Europe, Middle East, Asia (EMEA)   4,431,000    4,333,000 
Latin America   809,000    1,221,000 
   $7,998,000   $8,822,000 

 

During fiscal 2025 and fiscal 2024, sales to foreign customers accounted for approximately $7,998,000 and $8,882,000, or 39% and 45% respectively, of total revenues.

For the fiscal year ended February 28, 2025, one customer accounted for 11% of the Company’s revenues. Two customers accounted for 25% of the outstanding accounts receivables February 28, 2025.

 

The Company had no single customer accounted for more than 10% of sales during fiscal 2024. Two customers accounted for 26% of the outstanding accounts receivables at February 29, 2024.