BALANCE SHEETS - USD ($)	Feb. 29, 2024	Feb. 28, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 844,500	$ 689,100
Restricted cash	432,900	0
Accounts receivable, less allowance for credit losses of $129,000 (2024) and $211,700 (2023)	1,936,900	2,906,700
Inventories - net	43,913,200	59,086,500
Prepaid expenses and other assets	630,800	869,300
Assets held for sale	18,281,100	0
Total current assets	66,039,400	63,551,600
INVENTORIES - net	11,677,000	4,719,600
PROPERTY, PLANT AND EQUIPMENT - net	8,939,600	29,656,400
DEFERRED INCOME TAX ASSET	1,406,500	796,800
OPERATING LEASE RIGHT-OF-USE ASSETS	1,614,900	823,600
OTHER ASSETS	427,600	388,800
TOTAL ASSETS	90,105,000	99,936,800
CURRENT LIABILITIES:
Accounts payable	3,910,200	3,863,900
Line of credit	5,498,100	10,634,500
Deferred revenues	583,500	602,700
Operating lease liabilities, current	726,900	347,800
Current maturities of long-term debt	1,800,000	34,894,900
Accrued salaries and commissions	384,400	828,200
Income taxes payable	773,400	0
Other current liabilities	3,338,100	2,946,200
Total current liabilities	17,014,600	54,118,200
LONG-TERM DEBT - net	26,640,700	0
OPERATING LEASE LIABILITIES, non-current	888,000	475,800
OTHER LONG-TERM LIABILITIES	111,000	111,000
Total liabilities	44,654,300	54,705,000
COMMITMENTS AND CONTINGENCIES – See Note 13
SHAREHOLDERS' EQUITY:
Common stock, $0.20 par value; Authorized 16,000,000 shares; Issued 12,702,080 shares; Outstanding 8,575,088 (2024) and 8,713,289 (2023) shares	2,540,400	2,540,400
Capital in excess of par value	13,405,400	13,193,400
Retained earnings	42,566,600	42,020,200
Accumulated other comprehensive income	24,400	0
	58,536,800	57,754,000
Less treasury stock, at cost	(13,086,100)	(12,522,200)
Total shareholders' equity	45,450,700	45,231,800
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 90,105,000	$ 99,936,800