v3.25.4
LEASES (Tables)
9 Months Ended
Nov. 30, 2025
Disclosure Text Block [Abstract]  
Lease, Cost [Table Text Block] The operating lease liability and right-of-use assets are reduced over the term of the lease as payments are made and the assets are used.
   November 30,
2025
   February 28,
2025
 
Operating lease assets:        
Right-of-use assets  $6,945,000   $1,108,100 
           
Operating lease liabilities:          
Current lease liabilities  $1,532,800   $697,000 
Long-term lease liabilities  $5,412,200   $411,100 
           
Weighted-average remaining lease term (months)   109.6    18.4 
Weighted-average discount rate   6.34%   4.89%
    Three Months Ended
November 30,
    Nine Months Ended
November 30,
 
    2025     2024     2025     2024  
Fixed lease costs   $ 288,800     $ 224,600     $ 630,200     $ 604,100  
   Three Months Ended
November 30,
   Nine Months Ended
November 30,
 
   2025   2024   2025   2024 
Operating cash outflows – operating leases  $288,800   $224,600   $630,200   $604,100 

 

   November 30,
2025
   November 30,
2024
 
NONCASH TRANSACTIONS        
Lease assets obtained in exchange for new lease liabilities  $6,338,900   $282,800 
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]

Future minimum rental payments under operating leases with initial terms greater than one year as of November 30, 2025, are as follows:

 

Years ending February 28,    
2026  $388,200 
2027   1,311,500 
2028   884,500 
2029   906,600 
2030   929,200 
Thereafter   5,718,900 
Total future minimum rental payments   10,138,900 
Less: imputed interest   (3,193,900)
Total operating lease liabilities  $6,945,000 
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]

Future minimum payments receivable under operating leases with terms greater than one year are estimated as follows:

 

Years ending February 28 (29),      
2026   $ 26,300  
2027     52,700  
Total   $ 79,000