XML 21 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Feb. 28, 2025
Feb. 29, 2024
Current Assets:    
Cash and cash equivalents $ 5,202,361 $ 2,134,786
Marketable securities 6,727,678 9,711,351
Accounts receivable (less allowance for credit losses of $12,225, respectively) 2,347,764 1,470,711
Inventories 4,474,401 5,221,980
Prepaid expenses and other current assets 236,261 207,738
Total current assets 18,988,465 18,746,566
Land 250,000 250,000
Buildings, equipment, furnishings and leasehold improvements, net 2,610,600 2,832,156
Intangible assets, net 37,386 47,566
Deferred tax asset 1,525,185 1,255,977
TOTAL ASSETS 23,411,636 23,132,265
Current Liabilities:    
Accounts payable 859,483 1,049,742
Accrued expenses 1,718,574 1,739,478
Customer deposits 2,413,195 3,419,706
Income taxes payable 496,055 414,807
Total current liabilities 5,487,307 6,623,733
Deferred tax liability 132,134 229,534
Total Liabilities 5,619,441 6,853,267
Stockholders’ Equity    
Common stock, $.01 par value; 25,000,000 shares authorized, 15,751,153 issued and 15,749,037 outstanding as of February 28, 2025, and 15,750,880 issued and outstanding as of February 29, 2024 157,512 157,509
Additional paid-in capital 10,018,034 9,770,387
Accumulated earnings 7,624,516 6,351,102
Treasury stock, at cost, 2,116 shares (7,867)
Total stockholders’ equity 17,792,195 16,278,998
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 23,411,636 $ 23,132,265