v3.25.4
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Nov. 30, 2025
Nov. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings (loss) $ 5,432,200 $ (3,918,100)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,085,700 1,355,300
Deferred income taxes 1,358,500 (1,257,100)
Provision for credit losses 30,000 53,600
Provision for inventory valuation allowance 108,000 220,400
Share-based compensation expense - net 0 302,400
Net loss (gain) on sale of assets (12,186,700) 3,300
Impairment loss on assets 287,100 0
Changes in assets and liabilities:    
Accounts receivable 1,336,300 (291,900)
Inventories - net 5,444,700 8,582,700
Prepaid expenses and other assets 235,400 (241,900)
Accounts payable 200,800 (1,577,500)
Accrued salaries and commissions and other liabilities (384,200) 377,800
Deferred revenues 204,200 794,600
Income taxes payable/receivable 852,600 374,700
Total adjustments (1,427,600) 8,696,400
Net cash provided by operating activities 4,004,600 4,778,300
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (447,100) (308,300)
Proceeds from sale of assets 29,927,600 9,800
Net cash provided by (used in) investing activities 29,480,500 (298,500)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments on term debt (26,715,400) (1,350,000)
Sales of treasury stock 20,200 17,700
Cash paid to acquire treasury stock (137,900) 0
Net payments under line of credit (4,198,100) (1,200,000)
Net cash used in financing activities (31,031,200) (2,532,300)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 2,453,900 1,947,500
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - BEGINNING OF PERIOD 976,500 1,277,400
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF PERIOD 3,430,400 3,224,900
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION    
Cash paid for interest 1,337,500 1,695,900
Cash (received)/paid for income taxes - net of refunds (200,100) 33,800
NONCASH TRANSACTIONS    
Leased assets obtained in exchange for operating lease liabilities $ 6,338,900 $ 282,800