CUSTOMER CONCENTRATIONS AND FOREIGN SALES

12 Months Ended

Feb. 28, 2022

Risks and Uncertainties [Abstract]

CUSTOMER CONCENTRATIONS AND FOREIGN SALES

NOTE 12: CUSTOMER CONCENTRATIONS AND FOREIGN SALES

Export sales to customers located outside the United States and Canada were approximately as follows:

	February 28, 2022		February 28, 2021
Asia Pacific (APAC)		5,301,000		4,171,000
Europe, Middle East, Asia (EMEA)		5,255,000		4,287,000
Latin America		1,097,000		1,220,000
	$	11,653,000	$	9,678,000

During fiscal 2022 and fiscal 2021, sales to foreign customers accounted for approximately $11,653,000 and $9,678,000, or 68% and 65% respectively, of total revenues.

The Company had two customers which accounted for 24% of sales during fiscal 2022. Three customers accounted for 41% of the outstanding accounts receivables at February 28, 2022.

The Company had three customers which accounted for 28% of sales during fiscal 2021. Two customers accounted for 64% of the outstanding accounts receivables at February 28, 2021.