v3.25.4
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Nov. 30, 2025
Nov. 30, 2024
Nov. 30, 2025
Nov. 30, 2024
NET REVENUES $ 7,007,800 $ 11,052,100 $ 18,735,300 $ 27,554,700
COST OF GOODS SOLD 2,698,100 4,148,300 7,600,400 10,544,700
Gross margin 4,309,700 6,903,800 11,134,900 17,010,000
OPERATING EXPENSES        
Operating and selling 1,184,700 1,744,100 2,918,800 5,010,000
Sales commissions 2,030,500 3,283,600 5,311,500 8,193,400
General and administrative 2,598,300 3,074,700 7,796,400 9,179,700
Total operating expenses 5,813,500 8,102,400 16,026,700 22,383,100
INTEREST EXPENSE 369,800 575,400 1,477,300 1,697,800
OTHER INCOME        
Gain from sale of assets (12,243,700) 0 (12,186,700) 0
Other, net (272,600) (662,100) (1,625,600) (1,745,900)
Total other income (12,516,300) (662,100) (13,812,300) (1,745,900)
EARNINGS (LOSS) BEFORE INCOME TAXES 10,642,700 (1,111,900) 7,443,200 (5,325,000)
INCOME TAX EXPENSE (BENEFIT) 2,840,600 (276,200) 2,011,000 (1,406,900)
NET EARNINGS (LOSS) $ 7,802,100 $ (835,700) $ 5,432,200 $ (3,918,100)
BASIC AND DILUTED EARNINGS (LOSS) PER SHARE        
Basic (in Dollars per share) $ 0.91 $ (0.1) $ 0.63 $ (0.47)
Diluted (in Dollars per share) $ 0.91 $ (0.1) $ 0.63 $ (0.47)
WEIGHTED AVERAGE NUMBER OF COMMON AND EQUIVALENT SHARES OUTSTANDING        
Basic (in Shares) 8,576,197 8,273,402 8,580,866 8,270,797
Diluted (in Shares) 8,576,197 8,273,402 8,580,866 8,270,797
Dividends per share (in Dollars per share) $ 0 $ 0 $ 0 $ 0
Product revenues        
PRODUCT REVENUES, net of discounts and allowances $ 6,668,300 $ 10,556,100 $ 17,829,400 $ 26,266,600
Transportation revenue        
PRODUCT REVENUES, net of discounts and allowances $ 339,500 $ 496,000 $ 905,900 $ 1,288,100