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CUSTOMER CONCENTRATIONS AND FOREIGN SALES
 9 Months Ended
Nov. 30, 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:

   Nine Months Ended
November 30,		   Three Months Ended
November 30,		 
   2025   2024   2025   2024 
Asia Pacific (APAC)  $2,262,000   $1,994,000   $734,000   $1,114,000 
Europe, Middle East, Asia (EMEA)   3,027,000    3,338,000    706,000    957,000 
Latin America   337,000    642,000    149,000    297,000 
   $5,626,000   $5,974,000   $1,589,000   $2,368,000 

 

In the first nine months of fiscal 2026 and fiscal 2025, sales to foreign customers accounted for approximately $5,626,000 and $5,974,000, or 37% and 39%, respectively, of total revenues.

 

During the third quarter of fiscal 2026 and fiscal 2025, sales to foreign customers accounted for approximately $1,589,000 and $2,368,000, or 32% and 46%, respectively, of total revenues.

 

The Company had one customer which accounted for 38% of sales during the first nine months of fiscal 2026. The Company had one customer which accounted for 29% of sales during the third quarter of fiscal 2026. One customer accounted for 67% of the outstanding accounts receivables at November 30, 2025.

 

The Company had one customer which accounted for 14% of sales during the first nine months of fiscal 2025. The Company had one customer which accounted for 23% of sales during the third quarter of fiscal 2025. Two customers accounted for 25% of the outstanding accounts receivable at February 28, 2025.