XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Aug. 31, 2025
Aug. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (2,369,900) $ (3,082,400)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 729,700 972,200
Deferred income taxes (862,600) (959,700)
Provision for credit losses 24,000 41,600
Provision for inventory valuation allowance 72,000 191,300
Share-based compensation expense - net 0 201,600
Net loss on sale of assets 57,000 3,700
Changes in assets and liabilities:    
Accounts receivable 333,400 (183,800)
Inventories - net 3,958,500 5,120,400
Prepaid expenses and other assets 8,600 (259,000)
Accounts payable (249,300) (1,287,200)
Accrued salaries and commissions and other liabilities (530,000) (693,600)
Deferred revenues 55,200 (83,100)
Income taxes payable/receivable 233,100 353,500
Total adjustments 3,829,600 3,417,900
Net cash provided by operating activities 1,459,700 335,500
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (308,900) (200,000)
Proceeds from sale of assets 45,000 4,000
Net cash used in investing activities (263,900) (196,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments on term debt (900,000) (900,000)
Sales of treasury stock 0 13,500
Net borrowings under line of credit 0 600,000
Net cash used in financing activities (900,000) (286,500)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 295,800 (147,000)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - BEGINNING OF PERIOD 976,500 1,277,400
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF PERIOD 1,272,300 1,130,400
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION    
Cash paid for interest 922,600 1,128,800
Cash (received)/paid for income taxes - net of refunds $ (200,100) $ 33,800