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CUSTOMER CONCENTRATIONS AND FOREIGN SALES
6 Months Ended
Aug. 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:

   Six Months Ended
August 31,
   Three Months Ended
August 31,
 
   2025   2024   2025   2024 
                 
Asia Pacific (APAC)  $1,527,000   $880,000   $930,000   $368,000 
Europe, Middle East, Asia (EMEA)   2,321,000    2,381,000    1,424,000    1,136,000 
Latin America   185,000    345,000    89,000    163,000 
   $4,033,000   $3,606,000   $2,443,000   $1,667,000 

 

During the first half of fiscal 2026 and fiscal 2025, sales to foreign customers accounted for approximately $4,033,000 and $3,606,000, or 39% and 35%, respectively, of total revenues.

 

During the second quarter of fiscal 2026 and fiscal 2025, sales to foreign customers accounted for approximately $2,443,000 and $1,667,000, or 47% and 32%, respectively, of total revenues.

 

The Company had one customer which accounted for 43% of total sales during the first half of fiscal 2026. The Company had one customer which accounted for 29% of total sales during the second quarter of fiscal 2026. One customer accounted for 59% of the outstanding accounts receivable at August 31, 2025.

 

The Company had one customer which accounted for 21% of total sales during the first half of fiscal 2025. The Company had two customers which accounted for 38% of total sales during the second quarter of fiscal 2025. Two customers accounted for 25% of the outstanding accounts receivable at February 28, 2025.