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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Feb. 28, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (32,490) $ (27,991) $ (56,309)
Less: net income (loss) from discontinued operations, net of tax   3,157 (35,152)
Net loss from continuing operations (32,490) (31,148) (21,157)
Adjustments to reconcile net loss from continuing operations to net cash (used in) provided by operating activities:      
Depreciation expense 16,426 17,389 17,221
Intangible asset amortization 5,332 5,415 4,781
Stock-based compensation expense 10,211 11,321 11,364
Amortization of debt issuance costs and discount 1,151 10,411 10,180
Impairment losses     825
Non-cash operating lease cost 3,433 3,713 421
Revenue assigned to factors (2,680) (4,566) (6,291)
Deferred tax assets, net 676 465 (1)
Changes in operating assets and liabilities of continuing operations, excluding effects from acquisitions:      
Accounts receivable (21,734) 1,436 1,624
Inventories (5,772) 5,164 8,691
Prepaid expenses and other current assets (10,213) (219) (7,311)
Accounts payable 20,533 (4,782) 10,166
Accrued liabilities (1,305) 796 8,257
Deferred revenue (1,911) (14,228) (6,199)
Operating lease liabilities (4,663) (5,585) (297)
Other 74 595 723
Net cash (used in) provided by operating activities - continuing operations (22,932) (3,823) 32,997
Net cash used in operating activities - discontinued operations   (395) (4,412)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (22,932) (4,218) 28,585
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from maturities and sale of marketable securities     6,264
Purchases of marketable securities     (6,264)
Capital expenditures (11,100) (13,298) (11,356)
Net cash used in investing activities - continuing operations (11,100) (13,298) (11,356)
Net cash provided by (used in) investing activities - discontinued operations   5,721 (2,338)
NET CASH USED IN INVESTING ACTIVITIES (11,100) (7,577) (13,694)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from Paycheck Protection Program Loan     10,000
Repayment of Paycheck Protection Program Loan     (10,000)
Proceeds from revolving credit facility, net of issuance costs     19,944
Repayment of 2020 Convertible Notes     (27,599)
Repayment of revolving credit facility     (20,000)
Taxes paid related to net share settlement of vested equity awards (1,865) (4,173) (1,628)
Proceeds from exercise of stock options and contributions to employee stock purchase plan 956 1,530 1,967
NET CASH USED IN FINANCING ACTIVITIES (909) (2,643) (27,316)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (2,352) (965) (355)
Net change in cash and cash equivalents (37,293) (15,403) (12,780)
Cash and cash equivalents at beginning of year 79,221 94,624 107,404
Cash and cash equivalents at end of year $ 41,928 $ 79,221 $ 94,624