Related Party Transactions

9 Months Ended

Nov. 30, 2024

Related Party Transactions [Abstract]

Related Party Transactions

16. Related Party Transactions

The Company leases a facility and sells product to an entity controlled by a member of the Board. The total right-of-use asset and related lease liability as of November 30, 2024 was $0.1 million and $0.1 million, respectively. The total right-of-use asset and related lease liability as of November 30, 2023 was $0.5 million and $0.5 million, respectively. During the three months ended November 30, 2024, total lease payments and sales made to the related party were approximately $0.1 million and $0.8 million, respectively. During the nine months ended November 30, 2024, total lease payments and sales made to the related party were approximately $0.4 million and $2.2 million, respectively. During the three months ended November 30, 2023, total lease payments and sales made to the related party were approximately $0.1 million and $0.8 million, respectively. During the nine months ended November 30, 2023, total lease payments and sales made to the related party were approximately $0.3 million and $2.4 million, respectively.