| Schedule of segment data |
The following table presents the Company’s segment data (rounded
to the nearest thousand):
Schedule of segment data
| | |
Nine Months Ended
November 30, | | |
Three Months Ended
November 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
| | |
| | |
| | |
| |
| Net Sales | |
$ | 15,300,000 | | |
$ | 15,383,000 | | |
$ | 5,004,000 | | |
$ | 5,191,000 | |
| Direct Cost of Goods Sold | |
| | | |
| | | |
| | | |
| | |
| Materials & Freight | |
| 5,792,000 | | |
| 6,034,000 | | |
| 1,930,000 | | |
| 2,125,000 | |
| Production Labor | |
| 341,000 | | |
| 650,000 | | |
| 191,000 | | |
| 232,000 | |
| Depreciation | |
| 154,000 | | |
| 183,000 | | |
| 52,000 | | |
| 65,000 | |
| Other | |
| 295,000 | | |
| 294,000 | | |
| 84,000 | | |
| 92,000 | |
| | |
| 6,582,000 | | |
| 7,161,000 | | |
| 2,257,000 | | |
| 2,514,000 | |
| Service Department | |
| | | |
| | | |
| | | |
| | |
| Salaries | |
| 404,000 | | |
| 415,000 | | |
| 127,000 | | |
| 140,000 | |
| Travel | |
| 126,000 | | |
| 176,000 | | |
| 51,000 | | |
| 52,000 | |
| Outside Installations | |
| 135,000 | | |
| 36,000 | | |
| (25,000 | ) | |
| 42,000 | |
| Warranty Costs | |
| 92,000 | | |
| 103,000 | | |
| 14,000 | | |
| 33,000 | |
| Other | |
| 195,000 | | |
| 179,000 | | |
| 68,000 | | |
| 66,000 | |
| | |
| 952,000 | | |
| 909,000 | | |
| 235,000 | | |
| 333,000 | |
| Total Cost of Goods & Service | |
| 7,534,000 | | |
| 8,070,000 | | |
| 2,492,000 | | |
| 2,847,000 | |
| Gross Profit | |
| 7,766,000 | | |
| 7,313,000 | | |
| 2,512,000 | | |
| 2,344,000 | |
| Research & Product Development | |
| | | |
| | | |
| | | |
| | |
| Salaries | |
| 1,407,000 | | |
| 1,414,000 | | |
| 456,000 | | |
| 435,000 | |
| Insurance | |
| 96,000 | | |
| 125,000 | | |
| 30,000 | | |
| 40,000 | |
| Depreciation | |
| 173,000 | | |
| 171,000 | | |
| 82,000 | | |
| 54,000 | |
| R & D Materials | |
| 136,000 | | |
| 182,000 | | |
| 34,000 | | |
| 48,000 | |
| Other | |
| 122,000 | | |
| 163,000 | | |
| 36,000 | | |
| 51,000 | |
| | |
| 1,934,000 | | |
| 2,055,000 | | |
| 638,000 | | |
| 628,000 | |
| Marketing and Selling | |
| | | |
| | | |
| | | |
| | |
| Salaries | |
| 1,351,000 | | |
| 1,342,000 | | |
| 449,000 | | |
| 440,000 | |
| Insurance | |
| 157,000 | | |
| 145,000 | | |
| 56,000 | | |
| 46,000 | |
| Commissions | |
| 476,000 | | |
| 628,000 | | |
| 148,000 | | |
| 222,000 | |
| Travel & Entertainment | |
| 91,000 | | |
| 143,000 | | |
| 31,000 | | |
| 47,000 | |
| Advertising / Trade Show | |
| 353,000 | | |
| 327,000 | | |
| 153,000 | | |
| 92,000 | |
| Depreciation | |
| 77,000 | | |
| 72,000 | | |
| 26,000 | | |
| 38,000 | |
| Other | |
| 152,000 | | |
| 158,000 | | |
| 64,000 | | |
| 44,000 | |
| | |
| 2,657,000 | | |
| 2,815,000 | | |
| 927,000 | | |
| 929,000 | |
| General and Administrative | |
| | | |
| | | |
| | | |
| | |
| Salaries | |
| 838,000 | | |
| 779,000 | | |
| 282,000 | | |
| 253,000 | |
| Insurance | |
| 140,000 | | |
| 132,000 | | |
| 48,000 | | |
| 45,000 | |
| Professional Fees | |
| 264,000 | | |
| 289,000 | | |
| 96,000 | | |
| 87,000 | |
| Corporate Expenses | |
| 340,000 | | |
| 311,000 | | |
| 85,000 | | |
| 78,000 | |
| Stock Based Compensation | |
| 232,000 | | |
| 176,000 | | |
| 86,000 | | |
| 79,000 | |
| Depreciation | |
| 54,000 | | |
| 57,000 | | |
| 19,000 | | |
| 21,000 | |
| Misc Other | |
| 84,000 | | |
| (23,000 | ) | |
| 11,000 | | |
| 26,000 | |
| | |
| 1,952,000 | | |
| 1,721,000 | | |
| 627,000 | | |
| 589,000 | |
| Total Operating Expenses | |
| 6,543,000 | | |
| 6,591,000 | | |
| 2,192,000 | | |
| 2,146,000 | |
| Operating Income | |
| 1,223,000 | | |
| 722,000 | | |
| 320,000 | | |
| 198,000 | |
| Interest Income & Unrealized Gain | |
| 333,000 | | |
| 398,000 | | |
| 107,000 | | |
| 116,000 | |
| Income Before Taxes | |
| 1,556,000 | | |
| 1,120,000 | | |
| 427,000 | | |
| 314,000 | |
| Income Tax Expense | |
| 308,000 | | |
| 174,000 | | |
| 87,000 | | |
| 40,000 | |
| Net Income | |
$ | 1,248,000 | | |
$ | 946,000 | | |
$ | 340,000 | | |
$ | 274,000 | |
|