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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2024
Aug. 31, 2023
Income Statement [Abstract]        
Net Sales $ 5,161,782 $ 5,639,117 $ 10,192,820 $ 9,242,135
Cost of Goods Sold 2,645,685 2,838,549 5,222,236 4,664,335
Gross Profit 2,516,097 2,800,568 4,970,584 4,577,800
Operating Expenses        
Research and product development costs 695,873 789,261 1,427,303 1,445,699
Marketing and selling expenses 988,418 944,526 1,885,608 1,745,310
General and administrative costs 545,816 500,923 1,133,387 912,549
Total Operating Expenses 2,230,107 2,234,710 4,446,298 4,103,558
Operating Income 285,990 565,858 524,286 474,242
Interest and Dividend Income 85,076 124,293 227,730 230,283
Net unrealized gain/(loss) on marketable securities 43,580 (6,803) 53,941 10,855
Income Before Income Taxes 414,646 683,348 805,957 715,380
Income Tax Expense 73,961 142,075 134,435 120,701
Net Income $ 340,685 $ 541,273 $ 671,522 $ 594,679
Basic Earnings Per Share $ 0.02 $ 0.03 $ 0.04 $ 0.04
Diluted Earnings Per Share $ 0.02 $ 0.03 $ 0.04 $ 0.04
Weighted Average Shares - Basic 15,750,910 15,743,069 15,750,895 15,742,571
Weighted Average Shares - Diluted 15,768,251 15,773,665 15,771,472 15,775,032