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INCOME TAXES (Details) - Schedule of Deferred Tax Assets and Liabilities - USD ($)
Feb. 29, 2024
Feb. 28, 2023
Deferred tax assets:    
Allowance for credit losses $ 34,800 $ 57,200
Inventory overhead capitalization 112,800 170,100
Inventory valuation allowance 102,500 132,500
Inventory valuation allowance – noncurrent 159,900 112,200
Allowance for sales returns 27,200 27,200
Research and development capitalization 418,900 291,600
Net operating loss carryforward (1) [1] 572,600 830,900
Disallowed interest 1,236,600 0
Accruals 343,800 1,069,100
Total deferred tax assets 3,009,100 2,690,800
Deferred tax liabilities:    
Property, plant, and equipment (1,602,600) (1,894,000)
Total deferred tax liabilities (1,602,600) (1,894,000)
Net deferred income tax assets $ 1,406,500 $ 796,800
[1] The Company’s net operating loss (“NOL”) carryforward was generated from losses incurred in fiscal 2023. The Company’s NOL can be carried forward indefinitely, but are limited to a 80% maximum offset of taxable income. Authoritative guidance requires a valuation allowance to be established when determining whether deferred tax assets are more likely-than-not to be realized. Based on the Company’s evaluation, we determined the net deferred tax assets meet the requirements to be realized, and as such, no valuation allowance has been established.