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DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Nov. 30, 2023
ASU 2014-09 [Member]  
Disaggregation of Revenue by Type of Goods and Services and by Timing of Revenue Recognition which Reflect the Immaterial Adjustments

 

Three Months Ended

 

 

Nine Months Ended

 

 

November 30,

 

 

November 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Revenue by type of goods and services:

 

 

 

 

 

 

 

 

 

 

 

Telematics devices and accessories

$

31,217

 

 

$

53,331

 

 

$

114,866

 

 

$

138,420

 

Rental income and other services

$

4,583

 

 

 

6,307

 

 

$

15,673

 

 

 

17,233

 

Recurring application subscriptions (1)

$

17,825

 

 

 

19,251

 

 

$

55,691

 

 

 

60,790

 

Total

$

53,625

 

 

$

78,889

 

 

$

186,230

 

 

$

216,443

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

November 30,

 

 

November 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Revenue by timing of revenue recognition:

 

 

 

 

 

 

 

 

 

 

 

Revenue recognized at a point in time

$

33,090

 

 

$

57,337

 

 

$

122,850

 

 

$

149,511

 

Revenue recognized over time

$

20,535

 

 

 

21,552

 

 

 

63,380

 

 

 

66,932

 

Total

$

53,625

 

 

$

78,889

 

 

$

186,230

 

 

$

216,443

 

(1) Recurring application subscriptions includes $0.0 million and $0.5 million during the three months ended November 30, 2023 and 2022, respectively, and $0.0 million and $1.9 million during the nine months ended November 30, 2023 and 2022, respectively, attributable to the auto vehicle finance business which has been completely wound down.