v3.25.4
CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Total
Balance at Feb. 29, 2024 $ 2,540,400 $ 13,405,400 $ 42,566,600 $ 24,400 $ (13,086,100) $ 45,450,700
Balance (in Shares) at Feb. 29, 2024 12,702,080       4,126,992  
Share-based compensation expense - net   100,800       100,800
Change in fair value of interest rate exchange agreement       22,900   22,900
Net earnings (loss)     (1,279,000)     (1,279,000)
Sale of treasury stock   (4,100)     $ 12,700 8,600
Sale of treasury stock (in Shares)         (4,000)  
Balance at May. 31, 2024 $ 2,540,400 13,502,100 41,287,600 47,300 $ (13,073,400) 44,304,000
Balance (in Shares) at May. 31, 2024 12,702,080       4,122,992  
Balance at Feb. 29, 2024 $ 2,540,400 13,405,400 42,566,600 24,400 $ (13,086,100) 45,450,700
Balance (in Shares) at Feb. 29, 2024 12,702,080       4,126,992  
Change in fair value of interest rate exchange agreement           (46,000)
Net earnings (loss)           (3,918,100)
Balance at Nov. 30, 2024 $ 2,540,400 13,698,500 38,648,500 (21,600) $ (13,059,100) 41,806,700
Balance (in Shares) at Nov. 30, 2024 12,702,080       4,118,479  
Balance at May. 31, 2024 $ 2,540,400 13,502,100 41,287,600 47,300 $ (13,073,400) 44,304,000
Balance (in Shares) at May. 31, 2024 12,702,080       4,122,992  
Share-based compensation expense - net   100,800       100,800
Change in fair value of interest rate exchange agreement       (67,700)   (67,700)
Net earnings (loss)     (1,803,400)     (1,803,400)
Sale of treasury stock   (3,000)     $ 7,900 4,900
Sale of treasury stock (in Shares)         (2,513)  
Balance at Aug. 31, 2024 $ 2,540,400 13,599,900 39,484,200 (20,400) $ (13,065,500) 42,538,600
Balance (in Shares) at Aug. 31, 2024 12,702,080       4,120,479  
Share-based compensation expense - net   100,800       100,800
Change in fair value of interest rate exchange agreement       (1,200)   (1,200)
Net earnings (loss)     (835,700)     (835,700)
Sale of treasury stock   (2,200)     $ 6,400 4,200
Sale of treasury stock (in Shares)         (2,000)  
Balance at Nov. 30, 2024 $ 2,540,400 13,698,500 38,648,500 (21,600) $ (13,059,100) 41,806,700
Balance (in Shares) at Nov. 30, 2024 12,702,080       4,118,479  
Balance at Feb. 28, 2025 $ 2,540,400 13,800,000 37,303,000 (15,400) $ (13,060,400) 40,567,600
Balance (in Shares) at Feb. 28, 2025 12,702,080       4,118,879  
Change in fair value of interest rate exchange agreement       15,400   15,400
Net earnings (loss)     (1,075,200)     (1,075,200)
Balance at May. 31, 2025 $ 2,540,400 13,800,000 36,227,800   $ (13,060,400) 39,507,800
Balance (in Shares) at May. 31, 2025 12,702,080       4,118,879  
Balance at Feb. 28, 2025 $ 2,540,400 13,800,000 37,303,000 $ (15,400) $ (13,060,400) 40,567,600
Balance (in Shares) at Feb. 28, 2025 12,702,080       4,118,879  
Change in fair value of interest rate exchange agreement           0
Net earnings (loss)           5,432,200
Balance at Nov. 30, 2025 $ 2,540,400 13,769,400 42,735,200   $ (13,147,500) 45,897,500
Balance (in Shares) at Nov. 30, 2025 12,702,080       4,190,716  
Balance at May. 31, 2025 $ 2,540,400 13,800,000 36,227,800   $ (13,060,400) 39,507,800
Balance (in Shares) at May. 31, 2025 12,702,080       4,118,879  
Net earnings (loss)     (1,294,700)     (1,294,700)
Balance at Aug. 31, 2025 $ 2,540,400 13,800,000 34,933,100   $ (13,060,400) 38,213,100
Balance (in Shares) at Aug. 31, 2025 12,702,080       4,118,879  
Change in fair value of interest rate exchange agreement           0
Net earnings (loss)     7,802,100     7,802,100
Purchases of treasury stock         $ (137,900) (137,900)
Purchases of treasury stock (in Shares)         87,837  
Sale of treasury stock   (30,600)     $ 50,800 20,200
Sale of treasury stock (in Shares)         (16,000)  
Balance at Nov. 30, 2025 $ 2,540,400 $ 13,769,400 $ 42,735,200   $ (13,147,500) $ 45,897,500
Balance (in Shares) at Nov. 30, 2025 12,702,080       4,190,716