Note 10 - Stockholders' Equity

9 Months Ended

Nov. 30, 2024

Notes to Financial Statements

Equity [Text Block]

10. STOCKHOLDERS’ EQUITY

Repurchase Program

On October 14, 2024, the Board of Directors authorized an increase in the Company's stock repurchase program of up to $2,000,000 of its outstanding common stock. Purchases under the program may be made through the open market or privately negotiated transactions as determined by the Company’s management, and in accordance with the requirements of the Securities and Exchange Commission. The timing and actual number of shares repurchased will depend on variety of factors including price, corporate and regulatory requirements and other conditions.

The Company did not repurchase any shares under the stock repurchase program during the three or nine months ended November 30, 2024 or November 30, 2023.