XML 18 R6.htm IDEA: XBRL DOCUMENT v3.24.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 9 Months Ended
Nov. 30, 2024
Nov. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 945,700 $ 1,284,848
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 529,163 428,345
Stock based compensation expense 176,076 147,434
Inventory reserve 32,524 41,475
Unrealized (gain) on marketable securities (38,776) (31,031)
Deferred tax expense (167,946) (257,777)
(Decrease) Increase in:    
Accounts receivable (808,594) (128,443)
Inventories 451,946 (1,051,116)
Prepaid expenses and other current assets 84,440 172,261
Accounts payable 67,089 372,175
Accrued expenses 185,558 292,574
Customer deposits (56,405) 304,844
Income taxes payable (201,457) (133,269)
Net Cash Provided by Operating Activities 1,199,318 1,442,320
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment, furnishings and leasehold improvements (403,053) (326,577)
Sale of marketable securities 13,740,454 14,118,735
Purchase of marketable securities (8,572,755) (15,607,148)
Net Cash Provided by (Used in) Investing Activities 4,764,646 (1,814,990)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 5,963,964 (372,670)
CASH AND CASH EQUIVALENTS    
Beginning of period 2,134,786 3,354,601
End of period 8,098,750 2,981,931
SUPPLEMENTAL CASH FLOW DISCLOSURE:    
Interest paid
Income Taxes Paid 543,814 712,092
NON-CASH INVESTING TRANSACTIONS:    
Purchases of equipment included in Accounts payable on the balance sheet $ 321,345