Lease Obligations (Tables)

9 Months Ended

Nov. 30, 2024

Leases [Abstract]

Schedule of Components of Lease Cost

The components of lease cost for the three and nine months ended November 30, 2024 and 2023 were as follows:

	Three months ended November 30,				Nine months ended November 30,
	2024		2023		2024		2023
Operating lease cost (a) (c)	$	391	$	335	$	1,022	$	1,038
Finance lease cost:
Amortization of right of use assets (a)		78		79		296		248
Interest on lease liabilities (b)		17		10		47		18
Total finance lease cost	$	95	$	89		343	$	266

(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) Income.

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

(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, 2024			February 29, 2024
Operating Leases
Operating lease, right of use assets	$	5,067		$	2,577
Total operating lease right of use assets	$	5,067		$	2,577
Accrued expenses and other current liabilities	$	1,398		$	782
Operating lease liabilities, less current portion		3,728			1,884
Total operating lease liabilities	$	5,126		$	2,666
Finance Leases
Property, plant, and equipment, gross		3,835		$	3,835
Accumulated depreciation		(3,159	)		(2,863	)
Total finance lease right of use assets		676		$	972
Accrued expenses and other current liabilities	$	312		$	349
Finance lease liabilities, less current portion		399			644
Total finance lease liabilities	$	711		$	993
Weighted Average Remaining Lease Term
Operating leases	4.4 years			4.9 years
Finance leases	2.7 years			3.1 years
Weighted Average Discount Rate
Operating leases		5.73	%		4.12	%
Finance leases		8.69	%		8.45	%

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
2025	$	1,636		362
2026		1,260		236
2027		925		111
2028		880		92
2029		736		-
Thereafter		325		-
Total lease payments		5,762		801
Less imputed interest		636		90
Total	$	5,126		711