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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Cash Flows From Operating Activities    
Net (loss) Income $ (3,591,265) $ 1,629,697
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 677,967 750,486
Provision for obsolete inventory 24,729 47,945
Provision for loss on accounts and notes receivable 1,468,815 108,283
Asset impairment and store closure losses 544,060
Loss on sale or disposal of property and equipment 7,823 5,796
Expense recorded for stock compensation 287,437 386,670
Deferred income taxes (1,154,728) 101,959
Changes in operating assets and liabilities:    
Accounts receivable (141,690) (267,491)
Refundable income taxes (71) 145,475
Inventories (1,808,397) 212,138
Other current assets 19,445 (147,750)
Accounts payable 580,966 213,734
Accrued liabilities 103,564 (153,885)
Contract liabilities (75,135) (130,378)
Net cash (used in) provided by operating activities (3,056,480) 2,902,679
Cash Flows from Investing Activities    
Proceeds received on notes receivable 44,995 74,296
Purchase of intangible assets (99,047)
Purchases of property and equipment (50,853) (480,984)
(Increase) decrease in other assets 312
Net cash used in investing activities (104,905) (406,376)
Cash Flows from Financing Activities    
Payments on long-term debt (696,043)
Proceeds from long-term debt 1,537,200
Proceeds from the line of credit 3,448,165
Dividends paid (722,344) (1,431,078)
Net cash provided by (used in) financing activities 4,263,021 (2,127,121)
Net Increase (Decrease) in Cash and Cash Equivalents 1,101,636 369,182
Cash and Cash Equivalents, Beginning of Period 4,822,071 5,384,027
Cash and Cash Equivalents, End of Period $ 5,923,707 $ 5,753,209