Lease Obligations (Tables)

9 Months Ended

Nov. 30, 2023

Leases [Abstract]

Schedule of Components of Lease Cost

The components of lease cost for the three and nine months ended November 30, 2023 and 2022 were as follows:

	Three months ended November 30,				Nine months ended November 30,
	2023		2022		2023		2022
Operating lease cost (a) (c)	$	335	$	347	$	1,038	$	1,132
Finance lease cost:
Amortization of right of use assets (a)		79		68		248		214
Interest on lease liabilities (b)		10		1		18		3
Total finance lease cost	$	89	$	69	$	266	$	217

(a)Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statements of Operations and Comprehensive Income (Loss).

(b)Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive Income (Loss).

(c)Includes immaterial amounts related to variable rent expense.

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows:

	November 30, 2023			February 28, 2023
Operating Leases
Operating lease, right of use assets	$	3,082		$	3,632
Total operating lease right of use assets	$	3,082		$	3,632
Accrued expenses and other current liabilities	$	971		$	1,173
Operating lease liabilities, less current portion		2,192			2,509
Total operating lease liabilities	$	3,163		$	3,682
Finance Leases
Property, plant, and equipment, gross	$	3,328		$	2,754
Accumulated depreciation		(2,739	)		(2,491	)
Total finance lease right of use assets	$	589		$	263
Accrued expenses and other current liabilities	$	277		$	203
Finance lease liabilities, less current portion		319			63
Total finance lease liabilities	$	596		$	266
Weighted Average Remaining Lease Term
Operating leases	4.7 years			5.0 years
Finance leases	2.3 years			1.2 years
Weighted Average Discount Rate
Operating leases		4.11	%		3.83	%
Finance leases		4.20	%		3.51	%

Schedule of Maturities of Leases Liabilities

Maturities of lease liabilities on November 30 of each of the succeeding years are as follows:

	Operating Leases		Finance Leases
2024	$	1,057		308
2025		753		215
2026		510		125
2027		262		—
2028		242		—
Thereafter		607		—
Total lease payments		3,431		648
Less imputed interest		268		52
Total	$	3,163		596