Note 17 - Summarized Quarterly Data (Unaudited)

12 Months Ended

Feb. 28, 2022

Notes to Financial Statements

Quarterly Financial Information [Text Block]

NOTE 17 – SUMMARIZED QUARTERLY DATA (UNAUDITED)

Following is a summary of the quarterly results of operations for the fiscal years ended February 28, 2022 and 2021:

Fiscal Quarter

2022	First		Second		Third			Fourth		Total
Total revenue	$	7,593,711	$	7,926,077	$	8,507,634		$	8,315,157	$	32,342,579
Gross margin		1,283,601		1,871,945		1,811,680			1,092,597		6,059,823
Net (loss) income		579,805		196,933		(1,477,646	)		359,211		(341,697	)
Basic earnings (loss) per share		0.09		0.03		(0.24	)		0.06		(0.06	)
Diluted earnings (loss) per share	$	0.09	$	0.03	$	(0.24	)	$	0.06		(0.06	)

Fiscal Quarter

2021	First			Second		Third		Fourth		Total
Total revenue	$	2,702,437		$	5,327,402	$	7,228,867	$	8,221,999	$	23,480,705
Gross margin		(561,005	)		940,589		1,413,765		1,267,473		3,060,822
Net (loss) income		(3,667,397	)		76,132		523,695		2,167,793		(899,777	)
Basic earnings (loss) per share		(0.61	)		0.01		0.09		0.36		(0.15	)
Diluted earnings (loss) per share	$	(0.61	)	$	0.01	$	0.08	$	0.35		(0.15	)