Lease Obligations (Tables)

3 Months Ended

May 31, 2024

Leases [Abstract]

Schedule of Components of Lease Cost

The components of lease cost for the three months ended May 31, 2024 and 2023 were as follows:

	Three months ended May 31,
	2024		2023
Operating lease cost (a) (c)	$	313	$	365
Finance lease cost:
Amortization of right of use assets (a)		109		69
Interest on lease liabilities (b)		12		1
Total finance lease cost		121	$	70

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

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

	May 31, 2024			February 29, 2024
Operating Leases
Operating lease, right of use assets	$	3,053		$	2,577
Total operating lease right of use assets	$	3,053		$	2,577
Accrued expenses and other current liabilities	$	1,031		$	782
Operating lease liabilities, less current portion		2,127			1,884
Total operating lease liabilities	$	3,158		$	2,666
Finance Leases
Property, plant, and equipment, gross		3,835		$	3,835
Accumulated depreciation		(2,972	)		(2,863	)
Total finance lease right of use assets		863		$	972
Accrued expenses and other current liabilities	$	330		$	349
Finance lease liabilities, less current portion		559			644
Total finance lease liabilities	$	889		$	993
Weighted Average Remaining Lease Term
Operating leases	4.3 years			4.9 years
Finance leases	3.0 years			3.1 years
Weighted Average Discount Rate
Operating leases		4.82	%		4.12	%
Finance leases		7.05	%		8.45	%

Schedule of Maturities of Leases Liabilities

Maturities of lease liabilities on May 31 of each of the succeeding years are as follows:

	Operating Leases		Finance Leases
2025	$	1,130		393
2026		856		344
2027		449		129
2028		256		111
2029		250		37
Thereafter		485		-
Total lease payments		3,426		1,014
Less imputed interest		268		125
Total	$	3,158		889