DEBT (Tables)

12 Months Ended

Feb. 29, 2024

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Debt consists of the following:

	February 29 (28),
	2024			2023
Line of credit	$	5,498,100		$	10,634,500
Floating rate term loan	$	17,300,000		$	20,475,000
Fixed rate term loan		11,300,900			14,625,000
Total term debt		28,600,900			35,100,000
Less current portion		(1,800,000	)		(34,894,900	)
Less debt issue cost		(160,200	)		(205,100	)
Long-term debt, net	$	26,640,700		$	-

Schedule of Maturities of Long-Term Debt [Table Text Block]

The following table reflects aggregate current maturities of term debt, excluding the Revolving Loan, during the next fiscal year as follows:

Years ending February 28 (29),
2025	$	1,800,000
2026		1,800,000
2027		1,800,000
2028		23,200,900
Total	$	28,600,900