Related Party Transactions

3 Months Ended

May 31, 2025

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 May 31, 2025 was $1.6 million and $1.6 million, respectively. The total right-of-use asset and related lease liability as of May 31, 2024 was $0.3 million and $0.3 million, respectively. During the three months ended May 31, 2025, total lease payments and sales made to the related party were approximately $0.1 million and $1.1 million, respectively. During the three months ended May 31, 2024, total lease payments and sales made to the related party were approximately $0.1 million and $0.7 million, respectively. The accounts receivable balances as of May 31, 2025 and 2024 were $0.2 and $0.2 million, respectively.