Investment Securities

3 Months Ended

May 31, 2024

(4) Investment Securities

As of May 31, 2024, and February 29, 2024, the Company had the following investments:


	May 31, 2024
	Fair Value
Investment Securities
Marketable Equity Securities
Mutual funds	$	761
Total Marketable Equity Securities		761
Total Investment Securities	$	761


	February 29, 2024
	Fair Value
Investment Securities
Marketable Equity Securities
Mutual funds	$	828
Total Marketable Securities		828
Total Investment Securities	$	828

Equity Securities

Mutual Funds

The Company’s mutual funds are held in connection with its deferred compensation plan, which was terminated on May 1, 2023, with payments of the remaining balance to be made to participating employees on June 1, 2024 and March 1, 2025. Changes in the carrying value of these securities are offset by changes in the corresponding deferred compensation liability.