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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2023
Aug. 31, 2022
Income Statement [Abstract]        
Net Sales $ 5,639,117 $ 3,763,329 $ 9,242,135 $ 7,814,864
Cost of Goods Sold 2,838,549 1,867,716 4,664,335 3,812,238
Gross Profit 2,800,568 1,895,613 4,577,800 4,002,626
Operating Expenses        
Research and product development costs 789,261 506,490 1,445,699 1,023,123
Marketing and selling expenses 944,526 776,858 1,745,310 1,566,720
General and administrative costs 500,923 434,687 912,549 854,680
Total Operating Expenses 2,234,710 1,718,035 4,103,558 3,444,523
Operating Income 565,858 177,578 474,242 558,103
Interest and Dividend Income 124,293 18,507 230,283 25,922
Net unrealized gain/(loss) on marketable securities (6,803) (19,172) 10,855 (31,025)
Income Before Income Taxes 683,348 176,913 715,380 553,000
Income Tax Expense 142,075 14,790 120,701 85,241
Net Income $ 541,273 $ 162,123 $ 594,679 $ 467,759
Basic Earnings Per Share $ 0.03 $ 0.01 $ 0.04 $ 0.03
Diluted Earnings Per Share $ 0.03 $ 0.01 $ 0.04 $ 0.03
Weighted Average Shares - Basic 15,743,069 15,732,550 15,742,571 15,730,862
Weighted Average Shares - Diluted 15,773,665 15,775,156 15,775,032 15,770,544