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CUSTOMER CONCENTRATIONS AND FOREIGN SALES
3 Months Ended
May 31, 2025
Risks and Uncertainties [Abstract]  
CUSTOMER CONCENTRATIONS AND FOREIGN SALES

NOTE 8: CUSTOMER CONCENTRATIONS AND FOREIGN SALES

 

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

 

   May 31,
2025
   May 31,
2024
 
Asia Pacific (APAC)   597,000    513,000 
Europe, Middle East, Asia (EMEA)   897,000    1,245,000 
Latin America   96,000    182,000 
   $1,590,000   $1,940,000 

 

During the three months ended May 31, 2025 and 2024, sales to foreign customers accounted for approximately $1,590,000 and $1,940,000, or 31% and 39%, respectively, of total revenues.

 

The Company had one customer which accounted for 57% of sales during the first quarter of fiscal 2026. One customer accounted for 68% of the outstanding accounts receivables at May 31, 2025.

 

The Company had one customer which accounted for 15% of sales during the first quarter of fiscal 2025.

 

Two customers accounted for 25% of the outstanding accounts receivables at February 28, 2025.