INCOME TAXES (Tables)

12 Months Ended

Feb. 28, 2022

Income Tax Disclosure [Abstract]

Schedule of Loss from Continuing Operations Before Income Taxes

Our loss from continuing operations before income taxes and equity in net loss of affiliate consists of the following (in thousands):

	Year Ended February 28/29,
	2022			2021			2020
Domestic	$	(22,943	)	$	(16,964	)	$	(31,381	)
Foreign		(7,118	)		(3,632	)		813
Total loss before income taxes and equity in net loss of affiliate	$	(30,061	)	$	(20,596	)	$	(30,568	)

Components of Income Tax Provision

The components of income tax provision consists of the following (in thousands):

	Year Ended February 28/29,
	2022			2021			2020
Current:
State	$	(33	)	$	40		$	(273	)
Foreign		(589	)		(602	)		(1,629	)
Total current		(622	)		(562	)		(1,902	)
Deferred:
Federal		(31	)		(59	)		(12,852	)
State		(6	)		(18	)		(10,645	)
Foreign		(428	)		78			4,945
Total deferred		(465	)		1			(18,552	)
Income tax provision	$	(1,087	)	$	(561	)	$	(20,454	)

Reconciliation of Effective Income Tax Benefit (Provision)

The income tax benefit (provision) differs from the amount obtained by applying the statutory rate as follows (in thousands):

	Year Ended February 28/29,
	2022			2021			2020
Income tax benefit (provision) at U.S. statutory federal rate	$	6,313		$	4,325		$	6,420
State income tax benefit, net of federal income tax effect		730			602			117
Foreign taxes benefit (provision) exclusive of valuation allowance change		(1,385	)		900			(50	)
U.S. taxes on foreign income		-			(306	)		(571	)
Valuation allowance increases		(7,672	)		(5,825	)		(27,726	)
Research and other tax credits		1,544			1,322			2,594
Tax benefits on vested and exercised equity awards		(112	)		(851	)		(606	)
Non-deductible expenses		(791	)		(655	)		(697	)
Other, net		286			(73	)		65
Total income tax provision	$	(1,087	)	$	(561	)	$	(20,454	)

Schedule of Net Deferred Tax Income Assets

The components of net deferred income tax assets for income tax purposes are as follows (in thousands):

	February 28,
	2022			2021
Net operating loss carryforwards	$	33,379		$	27,194
Depreciation, amortization and impairments		(5,001	)		(2,117	)
Research and development credits		23,484			21,917
Stock-based compensation		1,795			2,944
Other tax credits		2,211			2,197
Capitalized research costs		2,657			2,638
ROU asset		(3,122	)		(3,528	)
Lease liabilities		4,667			5,472
Payroll and employee benefit accruals		1,906			1,984
Allowance for doubtful accounts		677			1,163
Other accrued liabilities		3,365			4,743
Convertible debt		(6,573	)		(8,185	)
Other, net		8,236			5,137
Total deferred tax assets (liabilities)		67,681			61,559
Valuation allowance		(63,732	)		(56,848	)
Net deferred tax assets (liabilities)	$	3,949		$	4,711
Reported as:
Deferred tax assets	$	4,165		$	4,889
Deferred tax liabilities		(216	)		(178	)
Net deferred tax assets	$	3,949		$	4,711

Summary of Unrecognized Tax Benefits

	Year Ended February 28/29,
	2022			2021			2020
Gross amounts of unrecognized tax benefits as of the beginning of the period	$	1,750		$	2,172		$	3,201
Decreases related to prior period tax positions		(45	)		(2	)		(34	)
Decreases from lapse in statue of limitations		-			(550	)		(908	)
Foreign curreny translation adjustment		(58	)		130			(87	)
Gross amounts of unrecognized tax benefits as of the end of the period	$	1,647		$	1,750		$	2,172